Oil share of electricity — all countries

Oil share of electricity — Caribbean

Oil share of electricity in the Caribbean in 2021 — 47.15%. Since 2000, the indicator has fallen by 35.54 pp.

2021 47.15% −2.84 pp vs 2020
World rank
Period maximum 82.68%2000
Period minimum 47.15%2021

Trend over time

2000–2021 · % of generation

Oil share of electricity — Caribbean, 2000–2021405060708090200020032006200920122015201820212000: 82.68%2001: 82.4%2002: 80.46%2003: 74.27%2004: 73%2005: 72.42%2006: 70.38%2007: 68.82%2008: 67.12%2009: 66.85%2010: 66.58%2011: 66.23%2012: 63.44%2013: 59.78%2014: 58.69%2015: 60.73%2016: 59.82%2017: 57.16%2018: 58.21%2019: 52.92%2020: 49.99%2021: 47.15%
Change over the period: −35.54 pp Annual average: -1.69 pp

Comparison, 2021

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

Caribbean 47.15%
World 2.77%
Oil share of electricity — Caribbean, by year Caribbean All countries CSV XLSX
Year % Change, pp
2021 47.15 −2.84 pp
2020 49.99 −2.93 pp
2019 52.92 −5.29 pp
2018 58.21 +1.05 pp
2017 57.16 −2.65 pp
2016 59.82 −0.91 pp
2015 60.73 +2.04 pp
2014 58.69 −1.09 pp
2013 59.78 −3.67 pp
2012 63.44 −2.79 pp
2011 66.23 −0.34 pp
2010 66.58 −0.27 pp
2009 66.85 −0.27 pp
2008 67.12 −1.7 pp
2007 68.82 −1.56 pp
2006 70.38 −2.03 pp
2005 72.42 −0.59 pp
2004 73 −1.27 pp
2003 74.27 −6.18 pp
2002 80.46 −1.94 pp
2001 82.4 −0.29 pp
2000 82.68

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.