2014 Panama Key Figures
Population: 3.93 million
GDP growth rate: 6.19 %/year
Energy independence: 25.0%
Total consumption/GDP:* 72.1 (2005=100)
CO2 Emissions: 2.39 tCO2/capita
Rate of T&D power losses: 14.0%
* at purchasing power parity
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Panama Related Research

Total Energy consumption

In 2014 per capita energy consumption was 1.1 toe, including 2 000 kWh of electricity.

Driven by a very dynamic economic growth, total energy consumption increased at a very rapid average pace since 2008 (around 6%/year).

Oil is the main energy source consumed, accounting for 67%...

Panama energy report

 Total energy consumption

Crude oil production

Panama is a net importer of oil products (5.5 Mt in 2014). 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...

 Crude oil production

CO2 fuel combustion/CO2 emissions

As part of the Intended Nationally Determined Contributions (INDCs) for the COP21 held in Paris in late 2015, Panama has agreed to reach a 30% renewables share in the electricity mix by 2050, to expand reforestation to promote carbon absorption, and donations of US$1m to the Green Climate Fund....

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