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
View Venezuela's Crude Oil: Production from Jan 2002 to Dec 2022 in the chart:
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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| 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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