Oil share of electricity — all countries

Oil share of electricity — Latin America & Caribbean

Oil share of electricity in Latin America & Caribbean in 2024 — 3.3%. Since 1990, the indicator has fallen by 14.74 pp.

2024 3.3% −2.31 pp vs 2023
World rank
Period maximum 19.4%2001
Period minimum 3.3%2024

Trend over time

1990–2024 · % of generation

Oil share of electricity — Latin America & Caribbean, 1990–20240510152019901994199820022006201020142018202220241990: 18.03%1991: 17.16%1992: 17.55%1993: 16.01%1994: 17.09%1995: 15.51%1996: 15.46%1997: 16.41%1998: 17.84%1999: 17.64%2000: 19.29%2001: 19.4%2002: 17.62%2003: 16.28%2004: 15.59%2005: 15.31%2006: 14.08%2007: 14.55%2008: 14.36%2009: 13.46%2010: 13.17%2011: 12.9%2012: 13.35%2013: 12.7%2014: 12.16%2015: 11.89%2016: 10.9%2017: 9.33%2018: 9.27%2019: 8.27%2020: 8.06%2021: 8.65%2022: 6.06%2023: 5.6%2024: 3.3%
Change over the period: −14.74 pp Annual average: -0.43 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 3.3%
World 1.34%
Oil share of electricity — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 3.3 −2.31 pp
2023 5.6 −0.46 pp
2022 6.06 −2.59 pp
2021 8.65 +0.59 pp
2020 8.06 −0.21 pp
2019 8.27 −1 pp
2018 9.27 −0.06 pp
2017 9.33 −1.57 pp
2016 10.9 −0.99 pp
2015 11.89 −0.28 pp
2014 12.16 −0.54 pp
2013 12.7 −0.65 pp
2012 13.35 +0.45 pp
2011 12.9 −0.27 pp
2010 13.17 −0.29 pp
2009 13.46 −0.89 pp
2008 14.36 −0.2 pp
2007 14.55 +0.48 pp
2006 14.08 −1.23 pp
2005 15.31 −0.28 pp
2004 15.59 −0.69 pp
2003 16.28 −1.34 pp
2002 17.62 −1.78 pp
2001 19.4 +0.11 pp
2000 19.29 +1.64 pp
1999 17.64 −0.2 pp
1998 17.84 +1.43 pp
1997 16.41 +0.94 pp
1996 15.46 −0.05 pp
1995 15.51 −1.58 pp
1994 17.09 +1.07 pp
1993 16.01 −1.54 pp
1992 17.55 +0.39 pp
1991 17.16 −0.87 pp
1990 18.03

About the indicator

The share of electricity generated from oil and petroleum products. In large power systems this share is close to zero: burning oil for electricity is expensive, and it is more profitable to send it to transport. It is high where there is no other choice — on islands and in isolated systems, to which diesel can be shipped but where a pipeline or a large hydro plant cannot be built. A high value therefore usually says not that a country is rich in oil but that it is isolated.

Important: Aggregates are weighted by generation in terawatt-hours and computed from 2000 onward. A high value usually means an isolated power system rather than oil wealth.

Source: World Development Indicators (World Bank), license CC BY 4.0.