Oil share of electricity — all countries

Oil share of electricity — Panama

Oil share of electricity in Panama in 2023 — 14.59%. Ranked 103 in the world out of 136. Since 1990, the indicator has fallen by 0.14 pp.

2023 14.59% +7.47 pp vs 2022
World rank 103of 136
Period maximum 50.78%2001
Period minimum 4.38%2021

Trend over time

1990–2023 · % of generation

Oil share of electricity — Panama, 1990–202302040601990199419982002200620102014201820221990: 14.73%1991: 25.59%1992: 33.28%1993: 25.74%1994: 28.03%1995: 30.86%1996: 21%1997: 27.82%1998: 48.39%1999: 31.14%2000: 29.57%2001: 50.78%2002: 35.41%2003: 49%2004: 33.99%2005: 35.7%2006: 39.82%2007: 42.3%2008: 37.93%2009: 43.31%2010: 42.9%2011: 41.54%2012: 29.3%2013: 34.45%2014: 36.8%2015: 27.76%2016: 27.33%2017: 26.6%2018: 12.4%2019: 13.94%2020: 5.93%2021: 4.38%2022: 7.12%2023: 14.59%
Change over the period: −0.14 pp Annual average: 0 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Panama

Panama 14.59%
World 2.51%
Central America computed 9.41%
Oil share of electricity — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2023 14.59 +7.47 pp
2022 7.12 +2.74 pp
2021 4.38 −1.55 pp
2020 5.93 −8.01 pp
2019 13.94 +1.54 pp
2018 12.4 −14.2 pp
2017 26.6 −0.73 pp
2016 27.33 −0.43 pp
2015 27.76 −9.04 pp
2014 36.8 +2.35 pp
2013 34.45 +5.15 pp
2012 29.3 −12.23 pp
2011 41.54 −1.36 pp
2010 42.9 −0.42 pp
2009 43.31 +5.38 pp
2008 37.93 −4.37 pp
2007 42.3 +2.48 pp
2006 39.82 +4.13 pp
2005 35.7 +1.71 pp
2004 33.99 −15.01 pp
2003 49 +13.59 pp
2002 35.41 −15.38 pp
2001 50.78 +21.21 pp
2000 29.57 −1.57 pp
1999 31.14 −17.25 pp
1998 48.39 +20.57 pp
1997 27.82 +6.82 pp
1996 21 −9.86 pp
1995 30.86 +2.83 pp
1994 28.03 +2.29 pp
1993 25.74 −7.54 pp
1992 33.28 +7.68 pp
1991 25.59 +10.86 pp
1990 14.73

Central America, 2023

The same indicator for neighboring countries — with links to their pages

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.