Mexico Key Figures
- Population:
- 128 million
- GDP growth rate:
- 3.07 %/year
- Energy independence:
- 78.4%
Data of the last year available: 2022
- Total consumption/GDP:*
- 78.7 (2005=100)
- CO2 Emissions:
- 3.43 tCO2/capita
- Rate of T&D power losses:
- 13.3%
* 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 1.5 toe and electricity consumption per capita reached around 2 200 kWh (2022).
Total energy consumption increased by 2.5% in 2022 to 188 Mtoe, following a 5% rebound in 2021 after the COVID-19 pandemic. Previously, it had been decreasing slightly over 2013-2019 (by 0.8%/year).
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 has been stable at around 95 Mt since 2019, after a rapid decrease since a peak of 191 Mt from 2004 to 2019 (-4.6%/year). 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 half of the production is exported (52% in 2022).
Interactive Chart Mexico Crude Oil Production
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Oil Products Consumption
The consumption of oil products increased by 14% in 2022 up to 90 Mt, after a 19% rebound in 2021 and a sharp 20% drop in 2020. It had been decreasing between 2013 and 2019 with an acceleration since 2016 (-3%/year compared to -1%/year over 2013-2016). Between 2005 and 2013, it remained largely stable (around 93 Mt).
Transport represents 64% of the demand, followed by power plants (16%), industry (9%), and residential, services and agriculture (8%).
Graph: OIL CONSUMPTION (Mt)
Interactive Chart Mexico Refined Oil Products Production
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Natural Gas Consumption
Gas demand has stagnated at around 92 bcm since 2020 (-2% in 2022). It increased rapidly between 2000 and 2020 (4.4%/year) with the commissioning of numerous gas power plants (+29 GW).
Graph: NATURAL GAS CONSUMPTION (bcm)
About 46% of gas demand is used by the oil and gas sector, 41% for power production, and 12% by industry (2022). Gas use in buildings (residential and services) remains marginal (1%).
Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (2022, %)
Interactive Chart Mexico Natural Gas Domestic Consumption
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Coal Consumption
The demand for coal rebounded by 25% in 2022 to 15.6 Mt, after having decreased rapidly since 2011 (-7%/year on average), with a more striking reduction in 2020 (-27%).
Power generation absorbed almost 40% of the coal consumption in 2022 (it used to be around two thirds).
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2022, %)
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 did not catch up to its pre COVID-19 level, showing a 2.5%/year since 2020 increase to 277 TWh in 2022, after a 7.5% decrease in 2020. It had increased by 2.4%/year on average over 2013-2019.
In 2022, industry's share was around 57%, followed by households (21%) and services (15%). About 99% of the population is connected to the grid.
Graph: ELECTRICITY CONSUMPTION (TWh)
Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2022, %)
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 (24.5% in 2022), 37.7% in 2030, and 50% in 2050. SENER now expects to reach a share of 50% earlier, in 2034.
In May 2023, CRE extended the "clean" label to gas-fired CHP plants considered to be efficient cogeneration, as well as to power plants using hydrogen, CCS, or biosequestration or with an emission rate below 100 kgCO2/MWh.
Interactive Chart Mexico Share of Renewables in Electricity Production (incl hydro)
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CO2 Fuel Combustion/CO2 Emissions
In its updated NDC (2022), the country increased its unconditional GHG emissions reduction target to 35% by 2030 compared to BAU levels (a reduction of 347 MtCO2eq). National resources will account for at least 30%, while 5% will be covered by international cooperation and planned clean energy financing. Emissions of black carbon should be cut by 51% below BAU by 2030. Mexico could raise its emission reduction targets to 40% (black carbon emissions to 70%) conditional to international support and financing. GHG emissions decreased by 0.4% in 2021 to 714 MtCO2eq.