Panama

2016 Panama Key Figures
Population: 4.03 million
GDP growth rate: 4.88 %/year
Energy independence: 21.0%
Total consumption/GDP:* 70.9 (2015=100)
CO2 Emissions: 2.67 tCO2/capita
Rate of T&D power losses: 14.7%
* at purchasing power parity
Panama Related News
Interested in a daily & world selection of energy articles? More information on Key Energy News
Panama Related Research

Total Energy consumption

In 2016 per capita energy consumption was 1.1 toe, including around 2 200 kWh of electricity.

Driven by a very dynamic economic growth, total energy consumption increased at a very rapid average pace since 2008 (around 5%/year).

Oil is the main energy source consumed, accounting...

Panama energy report

 Total energy consumption

Crude oil production

Panama imports all its oil products (7.0 Mt in 2016). Most of the oil products are imported from Curacao, followed by the United States.

The national production of oil products ceased in 2003 when the refinery was transformed into an import terminal.

Under the terms of the treaty...


 Crude oil production

CO2 fuel combustion/CO2 emissions

Panama submitted its Nationally Determined Contributions (NDC) in April 2016 and agreed to reach a 30% renewables share in the electricity mix by 2050 starting from the 2014 level, to expand reforestation to promote carbon absorption, and donations of US$1m to the Green Climate Fund. However,...

Secured payment by Banque Populaire des Alpes VISA MASTERCARD