Mexico Key Figures
- Population:
- 129 million
- GDP growth rate:
- -8.5 %/year
- Energy independence:
- 92.8%
Data of the last year available: 2020
- Total consumption/GDP:*
- 73.1 (2005=100)
- CO2 Emissions:
- 2.80 tCO2/capita
- Rate of T&D power losses:
- 12.8%
* at purchasing power parity
View all macro and energy indicators in the Mexico energy report
Mexico Related News
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Mexico Related Research
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Total Energy Consumption
Total energy consumption per capita is 1.3 toe and electricity consumption per capita reached around 2 200 kWh (2021).
Total energy consumption remained stable in 2021 after a sharp 10% reduction to 167 Mtoe in 2020 due to the COVID-19 pandemic (corresponding to 2003 levels). Previously, total energy consumption had been decreasing slightly since 2013 (by 0.6%/year over 2013-2019).
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Mexico Total Energy Consumption
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Mexico energy report
Crude Oil Production
Oil production is growing again since 2019, by 2.9% in 2020 and 0.7% in 2021. Previously, oil production fell by 4.6%/year on average over 2004-2019 after a peak level in 2004 at 191 Mt. Approximately 70% of the production is extracted in the Bay of Campeche, in the south of the Gulf of Mexico (offshore). Mexico's sliding oil production is mainly explained by the decline of the Cantarell field (from 2 mb/d in 2004 to 0.16 mb/d in 2018 and no production since 2019). Around 56% of the production is exported (55 Mt in 2021).
Interactive Chart Mexico Crude Oil Production
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Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset
Oil Products Consumption
The consumption of oil products increased by 2.6% in 2021 up to 74 Mt, after a sharp 13% drop in 2020. It has been decreasing since 2012 with an acceleration since 2016 (-3.3%/year over 2016-2019 compared to -0.7%/year over 2012-2016). Between 2005 and 2012, it remained largely stable (around 90 Mt).
Transport represents around 56% of the demand, followed by residential, services and agriculture (14%), industry (12%), and power plants (9%).
Graph: OIL CONSUMPTION (Mt)
Interactive Chart Mexico Refined Oil Products Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset
Natural Gas Consumption
Gas demand increased by 1.2% in 2021 to 76 bcm after two years of sharp decrease (6.5%/year on average). Before that, it was growing regularly (4.5%/year over 2000-2016) due to the commissioning of numerous CCGTs (+22 GW).
Graph: NATURAL GAS CONSUMPTION (bcm)
About 51% of gas demand is used for power production, 31% by the oil and gas sector, and 17% by industry (2021). Gas use in buildings (residential and services) remains marginal (1%).
Interactive Chart Mexico Natural Gas Domestic Consumption
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Additionally, for more detailed information on the LNG trade, you can request a sample of our America LNG Trade Dataset
Coal Consumption
The demand for coal has been decreasing rapidly since 2010, with a more striking reduction in 2020 (-56%), reaching 6.9 Mt in 2021.
Power generation absorbs 60% of the coal consumption.
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2021, %)
Interactive Chart Mexico Coal and Lignite Domestic Consumption
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View the detailed consumption trends at country level (graphs, tables, analysis) in the Mexico energy report
Power Consumption
Electricity consumption is back to its pre COVID-19 trend, with a 3% increase in 2021 up to 291 TWh, after a slight decrease (-0.7%) in 2020. It had increased by 2.4%/year on average over 2013-2019.
In 2021, industry's share was around 56%, followed by households (26%), and services (11%). About 99% of the population is connected to the grid.
Graph: ELECTRICITY CONSUMPTION (TWh)
Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2021, %)
Renewable in % Electricity Production
The General Law on Climate Change ("LGCC") set the target of a 35% share for "clean energies" (renewables, nuclear, CHP, and CCS) in total power generation in 2024 (25% reached in 2021), 37.7% in 2030, and 50% in 2050. SENER now expects to reach a share of 50% earlier, in 2034.
Interactive Chart Mexico Share of Renewables in Electricity Production (incl hydro)
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
CO2 Fuel Combustion/CO2 Emissions
In its updated NDC, the country kept the same target as before, i.e. a 22% reduction of GHG emissions in 2030 compared to BAU levels. Emissions of black carbon should be cut by 51% below BAU by 2030. Mexico could raise its emission reduction targets to 36% (black carbon emissions to 70%) if it gains access to climate funds or if a global carbon price is set.