Latin America Energy Outlook 2023

World Energy Outlook Special Report

Photo of the earth in black background space with a focus on latin and south america

This report is part of World Energy Outlook 2023

About this report

Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies and improve the security and sustainability of energy around the world.

The Latin America Energy Outlook, the International Energy Agency’s first in-depth and comprehensive assessment of Latin America and the Caribbean, builds on decades of collaboration with partners. In support of the region's energy goals, the report explores the opportunities and challenges that lie ahead. It provides insights on the ways in which the outlook for the region and the biggest global energy trends are deeply intertwined – as well as recommendations on policies that could allow Latin America and the Caribbean to take full advantage of its great potential.

Latin America Energy Outlook Interactive Map

The map displays the resources and energy infrastructure of the region as of 2022. Data is available for mining, electricity generation capacity, natural gas and oil infrastructure, as well as the vulnerability of these resources and energy supply infrastructure to climate impacts in the region. This information is based on IEA analysis carried out within the framework of Latin America Energy Outlook 2023.