Venezuela Crude Oil: Production

2002 - 2022 | Monthly | Barrel/Day th | Organization of the Petroleum Exporting Countries

Key information about Venezuela Crude Oil: Production

  • Venezuela Crude Oil: Production was reported at 676.000 Barrel/Day th in Dec 2022
  • This records an increase from the previous number of 664.000 Barrel/Day th for Nov 2022
  • Venezuela Crude Oil: Production data is updated monthly, averaging 2,334.000 Barrel/Day th from Jan 2002 to Dec 2022, with 252 observations
  • The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 337.000 Barrel/Day th in Jun 2020
  • Venezuela Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: OPEC Members: Monthly
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View Venezuela's Crude Oil: Production from Jan 2002 to Dec 2022 in the chart:

Venezuela Crude Oil: Production

What was Venezuela's Crude Oil: Production in Dec 2022?

Venezuela Crude Oil: Production was reported at 676.000 Barrel/Day th in Dec 2022 See the table below for more data.

Last Previous Min Max Unit Frequency Range
676.000 Dec 2022 664.000 Nov 2022 337.000 Jun 2020 2,995.000 Oct 2002 Barrel/Day th monthly Jan 2002 - Dec 2022

Crude Oil: Production by Country Comparison

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Includes Crude Oil: Production on 62 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (Barrel/Day th) 7.000 2006 yearly 1995 - 2006
Algeria (Barrel/Day th) 1,015.000 Dec 2022 monthly Jan 2002 - Dec 2022
Angola (Barrel/Day th) 1,134.000 Dec 2022 monthly Oct 2006 - Dec 2022
Argentina (Barrel/Day th) 512.942 2021 yearly 1960 - 2021
Australia (Barrel/Day th) 334.737 2021 yearly 1960 - 2021
Azerbaijan (Barrel/Day th) 590.299 2021 yearly 1960 - 2021
Bahrain (Barrel/Day th) 192.921 2021 yearly 1960 - 2021
Brazil (Barrel/Day th) 2,905.066 2021 yearly 1960 - 2021
Brunei (Barrel/Day th) 98.178 2021 yearly 1960 - 2021
Cameroon (Barrel/Day th) 87.500 2006 yearly 1995 - 2006
Canada (Barrel/Day th) 1,193.367 2021 yearly 1960 - 2021
Chile (Barrel/Day th) 1.838 2021 yearly 1960 - 2021
China (Barrel/Day th) 3,987.677 2021 yearly 1960 - 2021
Colombia (Barrel/Day th) 736.205 2021 yearly 1960 - 2021
Congo (Barrel/Day th) 266.646 2021 yearly 1960 - 2021
Denmark (Barrel/Day th) 65.636 2021 yearly 1960 - 2021
Ecuador (Barrel/Day th) 535.000 Nov 2019 monthly Sep 2007 - Nov 2019
Egypt (%) 4.291 Nov 2022 monthly Jan 2021 - Nov 2022
Equatorial Guinea (Barrel/Day th) 93.320 2021 yearly 1960 - 2021
France (Barrel/Day th) 14.490 2019 yearly 1960 - 2019
Gabon (Barrel/Day th) 193.000 Dec 2022 monthly Apr 2016 - Dec 2022
Germany (Barrel/Day th) 37.836 2019 yearly 1960 - 2019
Hungary (Barrel/Day th) 17.800 2006 yearly 1995 - 2006
India (Barrel/Day th) 599.425 2021 yearly 1960 - 2021
Indonesia (Barrel/Day th) 739.000 Nov 2016 monthly Jan 2002 - Nov 2016
Iran (Barrel/Day th) 2,574.000 Dec 2022 monthly Jan 2002 - Dec 2022
Iraq (Barrel/Day th) 4,480.000 Dec 2022 monthly Jan 2002 - Dec 2022
Israel (%) 18.058 Nov 2022 monthly Jan 2005 - Nov 2022
Italy (Barrel/Day th) 77.699 2019 yearly 1960 - 2019
Ivory Coast (%) 3.550 Oct 2022 monthly Feb 2022 - Oct 2022
Jordan (%) 1.096 Nov 2022 monthly Jan 2003 - Nov 2022
Kazakhstan (Barrel/Day th) 1,488.707 2021 yearly 1960 - 2021
Kuwait (Barrel/Day th) 2,649.000 Dec 2022 monthly Jan 2002 - Dec 2022
Libya (Barrel/Day th) 1,159.000 Dec 2022 monthly Jan 2002 - Dec 2022
Malawi (%) -27.710 Dec 2020 monthly Jan 2014 - Dec 2020
Malaysia (Barrel/Day th) 507.682 2021 yearly 1960 - 2021
Mexico (Barrel/Day th) 1,664.803 2021 yearly 1960 - 2021
Mozambique (%) -31.559 Dec 2020 monthly Jun 2012 - Dec 2020
Netherlands (Barrel/Day th) 14.595 2019 yearly 1960 - 2019
New Zealand (Barrel/Day th) 23.682 2019 yearly 1960 - 2019
Nigeria (Barrel/Day th) 1,267.000 Dec 2022 monthly Jan 2002 - Dec 2022
Norway (Barrel/Day th) 1,770.063 2021 yearly 1960 - 2021
Oman (Barrel/Day th) 751.737 2021 yearly 1960 - 2021
Palestinian Territory (%) 0.828 Nov 2022 monthly Jan 2012 - Nov 2022
Peru (Barrel/Day th) 53.008 2019 yearly 1960 - 2019
Qatar (Barrel/Day th) 595.000 Sep 2018 monthly Jan 2002 - Sep 2018
Romania (Barrel/Day th) 69.907 2019 yearly 1960 - 2019
Russia (Barrel/Day th) 9,619.395 2021 yearly 1960 - 2021
Saudi Arabia (Barrel/Day th) 10,478.000 Dec 2022 monthly Jan 2002 - Dec 2022
South Africa (%) -1.051 Nov 2022 monthly Jan 1999 - Nov 2022
Sudan (Barrel/Day th) 221.236 2021 yearly 1960 - 2021
Syria (Barrel/Day th) 22.838 2021 yearly 1960 - 2021
Trinidad and Tobago (Barrel/Day th) 58.904 2019 yearly 1960 - 2019
Tunisia (%) 4.339 Sep 2022 monthly Jan 2001 - Sep 2022
Turkey (Barrel/Day th) 57.518 2019 yearly 1960 - 2019
Turkmenistan (Barrel/Day th) 162.575 2019 yearly 1960 - 2019
Ukraine (Barrel/Day th) 34.260 2019 yearly 1960 - 2019
United Arab Emirates (Barrel/Day th) 3,039.000 Dec 2022 monthly Jan 2002 - Dec 2022
United Kingdom (Barrel/Day th) 790.625 2021 yearly 1960 - 2021
United States (Barrel/Day th) 11,187.616 2021 yearly 1960 - 2021
Venezuela (Barrel/Day th) 676.000 Dec 2022 monthly Jan 2002 - Dec 2022
Yemen (Barrel/Day th) 44.764 2021 yearly 1960 - 2021

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Venezuela Key Series

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Includes 186 key indicators for Venezuela, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 20.593 2021 yearly 2018 - 2021
Forecast: Government Net Debt (VED bn) 469.607 2021 yearly 2018 - 2021
Forecast: Government Revenue (VED bn) 11.731 2021 yearly 2019 - 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 18.504 2023 yearly 1983 - 2023
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 16,050.363 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 1,229.811 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 2,678.101 2021 yearly 1995 - 2021
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 303,202.099 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 129,056.146 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 29.620 Oct 2022 monthly Jan 1981 - Oct 2022
Total Imports from USA (USD mn) 162.321 Oct 2022 monthly Jan 1981 - Oct 2022
Total Exports to China (USD mn) 43.555 Oct 2022 monthly Jan 2000 - Oct 2022
Total Imports from China (USD mn) 303.386 Oct 2022 monthly Jan 2000 - Oct 2022
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 5.176 2023 yearly 1980 - 2023
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Long Term (LT) (USD mn) 65,670.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 4.454 Nov 2022 monthly Jan 2004 - Nov 2022
Money Supply M1 (USD mn) 1.093 Dec 2022 monthly Jan 1996 - Dec 2022
Money Supply M2 (USD mn) 1.700 Nov 2022 monthly Jan 1996 - Nov 2022
M2 Growth (%) 388.7 Nov 2022 monthly Jan 1997 - Nov 2022
Reserve Requirement Ratio (%) 73.0 Dec 2022 monthly Jan 2004 - Dec 2022
Foreign Exchange Reserves (USD mn) 1,477.0 Jun 2018 monthly Jan 1962 - Jun 2018
Foreign Exchange Reserves: % of GDP (%) 0.009 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 0.5 Oct 2014 monthly Jan 1994 - Oct 2014
Gold Reserves (USD mn) 4,032.277 Nov 2022 monthly Dec 1950 - Nov 2022
Total Deposits (USD mn) 311.470 Nov 2022 monthly Jan 2005 - Nov 2022
Total Deposits Growth (%) 420.9 Dec 2022 monthly Jan 2006 - Dec 2022
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 28.1 Dec 2022 monthly Jan 2004 - Dec 2022
Total Loans (USD mn) 744.000 Dec 2022 monthly Jan 2004 - Dec 2022
Total Loans Growth (%) 759.19 Dec 2022 monthly Jan 2005 - Dec 2022
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014

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