Venezuela Oil Consumption
1965 - 2024 | Yearly | Barrel/Day th | BP PLC
Key information about Venezuela Oil Consumption
- Venezuela Oil Consumption was reported at 325.104 Barrel/Day th in Dec 2024
- This records a decrease from the previous number of 361.641 Barrel/Day th for Dec 2023
- Venezuela Oil Consumption data is updated yearly, averaging 498.641 Barrel/Day th from Dec 1965 to 2024, with 60 observations
- The data reached an all-time high of 868.968 Barrel/Day th in 2013 and a record low of 181.469 Barrel/Day th in 1966
- Venezuela Oil Consumption data remains active status in CEIC and is reported by BP PLC
- The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption
View Venezuela's Oil Consumption from 1965 to 2024 in the chart:
What was Venezuela's Oil Consumption in 2024?
Venezuela Oil Consumption was reported at 325.104 Barrel/Day th in Dec 2024 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 325.104 2024 | 361.641 2023 | 181.469 1966 | 868.968 2013 | Barrel/Day th | yearly | 1965 - 2024 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 461.429 2024 | yearly | 1965 - 2024 |
| Argentina (Barrel/Day th) | 604.335 2024 | yearly | 1965 - 2024 |
| Australia (Barrel/Day th) | 1,087.010 2024 | yearly | 1965 - 2024 |
| Austria (Barrel/Day th) | 228.164 2024 | yearly | 1965 - 2024 |
| Azerbaijan (Barrel/Day th) | 128.187 2024 | yearly | 1985 - 2024 |
| Bangladesh (Barrel/Day th) | 264.439 2024 | yearly | 1971 - 2024 |
| Belarus (Barrel/Day th) | 161.888 2024 | yearly | 1985 - 2024 |
| Belgium (Barrel/Day th) | 576.960 2024 | yearly | 1965 - 2024 |
| Brazil (Barrel/Day th) | 2,575.230 2024 | yearly | 1965 - 2024 |
| Bulgaria (Barrel/Day th) | 108.621 2024 | yearly | 1965 - 2024 |
| Canada (Barrel/Day th) | 2,333.199 2024 | yearly | 1965 - 2024 |
| Chile (Barrel/Day th) | 428.135 2024 | yearly | 1965 - 2024 |
| China (Barrel/Day th) | 16,373.508 2024 | yearly | 1965 - 2024 |
| Colombia (Barrel/Day th) | 449.047 2024 | yearly | 1965 - 2024 |
| Croatia (Barrel/Day th) | 81.166 2024 | yearly | 1990 - 2024 |
| Cyprus (Barrel/Day th) | 49.204 2024 | yearly | 1965 - 2024 |
| Czech Republic (Barrel/Day th) | 199.524 2024 | yearly | 1965 - 2024 |
| Denmark (Barrel/Day th) | 157.093 2024 | yearly | 1965 - 2024 |
| Ecuador (Barrel/Day th) | 290.275 2024 | yearly | 1965 - 2024 |
| Egypt (Barrel/Day th) | 781.742 2024 | yearly | 1965 - 2024 |
| Estonia (Barrel/Day th) | 25.931 2024 | yearly | 1985 - 2024 |
| Finland (Barrel/Day th) | 157.129 2024 | yearly | 1965 - 2024 |
| France (Barrel/Day th) | 1,359.665 2024 | yearly | 1965 - 2024 |
| Germany (Barrel/Day th) | 2,051.450 2024 | yearly | 1965 - 2024 |
| Greece (Barrel/Day th) | 298.340 2024 | yearly | 1965 - 2024 |
| Hong Kong SAR, China (Barrel/Day th) | 304.563 2024 | yearly | 1965 - 2024 |
| Hungary (Barrel/Day th) | 170.580 2024 | yearly | 1965 - 2024 |
| Iceland (Barrel/Day th) | 19.590 2024 | yearly | 1965 - 2024 |
| India (Barrel/Day th) | 5,620.537 2024 | yearly | 1965 - 2024 |
| Indonesia (Barrel/Day th) | 1,633.197 2024 | yearly | 1965 - 2024 |
| Iran (Barrel/Day th) | 1,953.251 2024 | yearly | 1965 - 2024 |
| Iraq (Barrel/Day th) | 924.799 2024 | yearly | 1965 - 2024 |
| Ireland (Barrel/Day th) | 148.713 2024 | yearly | 1965 - 2024 |
| Israel (Barrel/Day th) | 206.941 2024 | yearly | 1965 - 2024 |
| Italy (Barrel/Day th) | 1,262.476 2024 | yearly | 1965 - 2024 |
| Japan (Barrel/Day th) | 3,237.857 2024 | yearly | 1965 - 2024 |
| Kazakhstan (Barrel/Day th) | 346.257 2024 | yearly | 1985 - 2024 |
| South Korea (Barrel/Day th) | 2,891.488 2024 | yearly | 1965 - 2024 |
| Kuwait (Barrel/Day th) | 519.165 2024 | yearly | 1965 - 2024 |
| Latvia (Barrel/Day th) | 32.427 2024 | yearly | 1985 - 2024 |
| Lithuania (Barrel/Day th) | 64.087 2024 | yearly | 1985 - 2024 |
| Luxembourg (Barrel/Day th) | 48.152 2024 | yearly | 1965 - 2024 |
| North Macedonia (Barrel/Day th) | 24.487 2024 | yearly | 1990 - 2024 |
| Malaysia (Barrel/Day th) | 934.378 2024 | yearly | 1965 - 2024 |
| Mexico (Barrel/Day th) | 1,853.303 2024 | yearly | 1965 - 2024 |
| Morocco (Barrel/Day th) | 315.808 2024 | yearly | 1965 - 2024 |
| Netherlands (Barrel/Day th) | 784.681 2024 | yearly | 1965 - 2024 |
| New Zealand (Barrel/Day th) | 158.146 2024 | yearly | 1965 - 2024 |
| Norway (Barrel/Day th) | 222.179 2024 | yearly | 1965 - 2024 |
| Oman (Barrel/Day th) | 217.435 2024 | yearly | 1965 - 2024 |
| Pakistan (Barrel/Day th) | 423.803 2024 | yearly | 1965 - 2024 |
| Peru (Barrel/Day th) | 279.589 2024 | yearly | 1965 - 2024 |
| Philippines (Barrel/Day th) | 486.641 2024 | yearly | 1965 - 2024 |
| Poland (Barrel/Day th) | 704.662 2024 | yearly | 1965 - 2024 |
| Portugal (Barrel/Day th) | 213.117 2024 | yearly | 1965 - 2024 |
| Qatar (Barrel/Day th) | 397.280 2024 | yearly | 1965 - 2024 |
| Romania (Barrel/Day th) | 242.204 2024 | yearly | 1965 - 2024 |
| Russia (Barrel/Day th) | 3,846.333 2024 | yearly | 1985 - 2024 |
| Saudi Arabia (Barrel/Day th) | 3,958.601 2024 | yearly | 1965 - 2024 |
| Singapore (Barrel/Day th) | 1,491.949 2024 | yearly | 1965 - 2024 |
| Slovakia (Barrel/Day th) | 85.275 2024 | yearly | 1965 - 2024 |
| Slovenia (Barrel/Day th) | 45.177 2024 | yearly | 1990 - 2024 |
| South Africa (Barrel/Day th) | 466.576 2024 | yearly | 1965 - 2024 |
| Spain (Barrel/Day th) | 1,269.900 2024 | yearly | 1965 - 2024 |
| Sri Lanka (Barrel/Day th) | 115.513 2024 | yearly | 1965 - 2024 |
| Sweden (Barrel/Day th) | 248.680 2024 | yearly | 1965 - 2024 |
| Switzerland (Barrel/Day th) | 188.016 2024 | yearly | 1965 - 2024 |
| Taiwan, China (Barrel/Day th) | 823.928 2024 | yearly | 1965 - 2024 |
| Thailand (Barrel/Day th) | 1,252.798 2024 | yearly | 1965 - 2024 |
| Trinidad and Tobago (Barrel/Day th) | 33.237 2024 | yearly | 1965 - 2024 |
| Turkey (Barrel/Day th) | 1,162.458 2024 | yearly | 1965 - 2024 |
| Turkmenistan (Barrel/Day th) | 162.412 2024 | yearly | 1985 - 2024 |
| Ukraine (Barrel/Day th) | 205.977 2024 | yearly | 1985 - 2024 |
| United Arab Emirates (Barrel/Day th) | 1,183.303 2024 | yearly | 1965 - 2024 |
| United Kingdom (Barrel/Day th) | 1,325.100 2024 | yearly | 1965 - 2024 |
| United States (Barrel/Day th) | 18,995.005 2024 | yearly | 1965 - 2024 |
| Uzbekistan (Barrel/Day th) | 137.304 2024 | yearly | 1985 - 2024 |
| Venezuela (Barrel/Day th) | 325.104 2024 | yearly | 1965 - 2024 |
| Vietnam (Barrel/Day th) | 706.872 2024 | yearly | 1965 - 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doVenezuela Key Series
| 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) | 866.735 2024 | yearly | 2018 - 2024 |
| Forecast: Government Net Debt (VED bn) | 8,100.399 2024 | yearly | 2018 - 2024 |
| Forecast: Government Revenue (VED bn) | 689.272 2024 | yearly | 2019 - 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 14.278 2024 | yearly | 1983 - 2024 |
| 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) | 138,812.131 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 3,233.245 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 30,968.976 2024 | yearly | 1995 - 2024 |
| 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) | 582,046.303 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 537,936.988 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 81.921 Aug 2025 | monthly | Jan 1981 - Aug 2025 |
| Total Imports from USA (USD mn) | 181.072 Aug 2025 | monthly | Jan 1981 - Aug 2025 |
| Total Exports to China (USD mn) | 61.511 Aug 2025 | monthly | Jan 2000 - Aug 2025 |
| Total Imports from China (USD mn) | 611.191 Aug 2025 | monthly | Jan 2000 - Aug 2025 |
| Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Metal (USD mn) | 227.068 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Ecuador (USD mn) | 8.988 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: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mexico (USD mn) | 31.886 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 |
| 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: United States (USD mn) | 7,699.659 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: Mineral (USD mn) | 1,074.772 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 |
| Import Value Index (2015=100) | 23.312 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 9.582 2021 | yearly | 1980 - 2021 |
| 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) | -0.484 2026 | yearly | 1980 - 2026 |
| 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: 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: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 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 |
| Balance of Payments: Current Account: Services (USD mn) | -1,663.000 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: Current Account: Income (USD mn) | -1,975.000 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: Financial Account: Other Investment (USD mn) | -2,073.000 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 |
| IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Liabilities (USD mn) | 110,250.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| International Investment Position (IIP) (USD mn) | 110,721.000 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: 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) | 6.427 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Money Supply M1 (USD mn) | 2,574.727 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Money Supply M2 (USD mn) | 2,578.030 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| M2 Growth (%) | 297.7 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Reserve Requirement Ratio (%) | 73.0 Nov 2025 | monthly | Jan 2004 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 13,561.0 Nov 2025 | monthly | Dec 1961 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 0.048 2017 | yearly | 1995 - 2017 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.7 Aug 2025 | monthly | Jan 1981 - Aug 2025 |
| Gold Reserves (USD mn) | 6,832.969 Oct 2025 | monthly | Dec 1950 - Oct 2025 |
| Total Deposits (USD mn) | 159.256 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Total Deposits Growth (%) | 344.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| 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) | 27.5 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans (USD mn) | 881.730 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans Growth (%) | 1,260.58 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Private Debt: % of Nominal GDP (%) | 2,393,185,159,006.36 2015 | yearly | 1960 - 2015 |
| International Reserve: Total (USD mn) | 10,397.000 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
More Indicators for Venezuela
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