China Oil Consumption

1965 - 2022 | Yearly | Barrel/Day th | BP PLC

Key information about China Oil Consumption

  • China Oil Consumption was reported at 14,295.000 Barrel/Day th in Dec 2022
  • This records a decrease from the previous number of 14,893.000 Barrel/Day th for Dec 2021
  • China Oil Consumption data is updated yearly, averaging 2,934.500 Barrel/Day th from Dec 1965 to 2022, with 58 observations
  • The data reached an all-time high of 14,893.000 Barrel/Day th in 2021 and a record low of 215.000 Barrel/Day th in 1965
  • China 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 China's Oil Consumption from 1965 to 2022 in the chart:

China Oil Consumption

What was China's Oil Consumption in 2022?

China Oil Consumption was reported at 14,295.000 Barrel/Day th in Dec 2022 See the table below for more data.

Last Previous Min Max Unit Frequency Range
14,295.000 2022 14,893.000 2021 215.000 1965 14,893.000 2021 Barrel/Day th yearly 1965 - 2022

Oil Consumption by Country Comparison

Buy Selected Data

Includes Oil Consumption on 79 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Algeria (Barrel/Day th) 439.000 2022 yearly 1965 - 2022
Argentina (Barrel/Day th) 678.000 2022 yearly 1965 - 2022
Australia (Barrel/Day th) 1,008.000 2022 yearly 1965 - 2022
Austria (Barrel/Day th) 232.000 2022 yearly 1965 - 2022
Azerbaijan (Barrel/Day th) 122.000 2022 yearly 1985 - 2022
Bangladesh (Barrel/Day th) 253.000 2022 yearly 1971 - 2022
Belarus (Barrel/Day th) 152.000 2022 yearly 1985 - 2022
Belgium (Barrel/Day th) 563.000 2022 yearly 1965 - 2022
Brazil (Barrel/Day th) 2,512.000 2022 yearly 1965 - 2022
Bulgaria (Barrel/Day th) 109.000 2022 yearly 1965 - 2022
Canada (Barrel/Day th) 2,288.000 2022 yearly 1965 - 2022
Chile (Barrel/Day th) 399.000 2022 yearly 1965 - 2022
China (Barrel/Day th) 14,295.000 2022 yearly 1965 - 2022
Colombia (Barrel/Day th) 478.000 2022 yearly 1965 - 2022
Croatia (Barrel/Day th) 69.000 2022 yearly 1990 - 2022
Cyprus (Barrel/Day th) 48.000 2022 yearly 1965 - 2022
Czech Republic (Barrel/Day th) 204.000 2022 yearly 1965 - 2022
Denmark (Barrel/Day th) 138.000 2022 yearly 1965 - 2022
Ecuador (Barrel/Day th) 264.000 2022 yearly 1965 - 2022
Egypt (Barrel/Day th) 750.000 2022 yearly 1965 - 2022
Estonia (Barrel/Day th) 25.000 2022 yearly 1985 - 2022
Finland (Barrel/Day th) 172.000 2022 yearly 1965 - 2022
France (Barrel/Day th) 1,420.000 2022 yearly 1965 - 2022
Germany (Barrel/Day th) 2,075.000 2022 yearly 1965 - 2022
Greece (Barrel/Day th) 294.000 2022 yearly 1965 - 2022
Hong Kong SAR, China (Barrel/Day th) 219.000 2022 yearly 1965 - 2022
Hungary (Barrel/Day th) 172.000 2022 yearly 1965 - 2022
Iceland (Barrel/Day th) 17.000 2022 yearly 1965 - 2022
India (Barrel/Day th) 5,185.000 2022 yearly 1965 - 2022
Indonesia (Barrel/Day th) 1,585.000 2022 yearly 1965 - 2022
Iran (Barrel/Day th) 1,912.000 2022 yearly 1965 - 2022
Iraq (Barrel/Day th) 772.000 2022 yearly 1965 - 2022
Ireland (Barrel/Day th) 152.000 2022 yearly 1965 - 2022
Israel (Barrel/Day th) 232.000 2022 yearly 1965 - 2022
Italy (Barrel/Day th) 1,222.000 2022 yearly 1965 - 2022
Japan (Barrel/Day th) 3,337.000 2022 yearly 1965 - 2022
Kazakhstan (Barrel/Day th) 422.000 2022 yearly 1985 - 2022
South Korea (Barrel/Day th) 2,858.000 2022 yearly 1965 - 2022
Kuwait (Barrel/Day th) 431.000 2022 yearly 1965 - 2022
Latvia (Barrel/Day th) 36.000 2022 yearly 1985 - 2022
Lithuania (Barrel/Day th) 64.000 2022 yearly 1985 - 2022
Luxembourg (Barrel/Day th) 49.000 2022 yearly 1965 - 2022
North Macedonia (Barrel/Day th) 24.000 2022 yearly 1990 - 2022
Malaysia (Barrel/Day th) 894.000 2022 yearly 1965 - 2022
Mexico (Barrel/Day th) 2,098.000 2022 yearly 1965 - 2022
Morocco (Barrel/Day th) 296.000 2022 yearly 1965 - 2022
Netherlands (Barrel/Day th) 885.000 2022 yearly 1965 - 2022
New Zealand (Barrel/Day th) 148.000 2022 yearly 1965 - 2022
Norway (Barrel/Day th) 192.000 2022 yearly 1965 - 2022
Oman (Barrel/Day th) 226.000 2022 yearly 1965 - 2022
Pakistan (Barrel/Day th) 489.000 2022 yearly 1965 - 2022
Peru (Barrel/Day th) 258.000 2022 yearly 1965 - 2022
Philippines (Barrel/Day th) 451.000 2022 yearly 1965 - 2022
Poland (Barrel/Day th) 724.000 2022 yearly 1965 - 2022
Portugal (Barrel/Day th) 225.000 2022 yearly 1965 - 2022
Qatar (Barrel/Day th) 347.000 2022 yearly 1965 - 2022
Romania (Barrel/Day th) 220.000 2022 yearly 1965 - 2022
Russia (Barrel/Day th) 3,570.000 2022 yearly 1985 - 2022
Saudi Arabia (Barrel/Day th) 3,876.000 2022 yearly 1965 - 2022
Singapore (Barrel/Day th) 1,199.000 2022 yearly 1965 - 2022
Slovakia (Barrel/Day th) 90.000 2022 yearly 1965 - 2022
Slovenia (Barrel/Day th) 54.000 2022 yearly 1990 - 2022
South Africa (Barrel/Day th) 513.000 2022 yearly 1965 - 2022
Spain (Barrel/Day th) 1,268.000 2022 yearly 1965 - 2022
Sri Lanka (Barrel/Day th) 98.000 2022 yearly 1965 - 2022
Sweden (Barrel/Day th) 243.000 2022 yearly 1965 - 2022
Switzerland (Barrel/Day th) 187.000 2022 yearly 1965 - 2022
Taiwan (Barrel/Day th) 909.000 2022 yearly 1965 - 2022
Thailand (Barrel/Day th) 1,277.000 2022 yearly 1965 - 2022
Trinidad and Tobago (Barrel/Day th) 24.000 2022 yearly 1965 - 2022
Turkey (Barrel/Day th) 1,042.000 2022 yearly 1965 - 2022
Turkmenistan (Barrel/Day th) 154.000 2022 yearly 1985 - 2022
Ukraine (Barrel/Day th) 200.000 2022 yearly 1985 - 2022
United Arab Emirates (Barrel/Day th) 1,126.000 2022 yearly 1965 - 2022
United Kingdom (Barrel/Day th) 1,317.000 2022 yearly 1965 - 2022
United States (Barrel/Day th) 19,140.000 2022 yearly 1965 - 2022
Uzbekistan (Barrel/Day th) 111.000 2022 yearly 1985 - 2022
Venezuela (Barrel/Day th) 268.000 2022 yearly 1965 - 2022
Vietnam (Barrel/Day th) 515.000 2022 yearly 1965 - 2022

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

China Key Series

Buy Selected Data

Includes 272 key indicators for China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Consolidated Fiscal Balance (USD mn) 13,359.283 Feb 2024 monthly Jan 1995 - Feb 2024
Tax Revenue (USD mn) 177,992.213 Dec 2023 monthly Jan 1995 - Dec 2023
Tax Revenue: % of GDP (%) 12.1 Dec 2023 quarterly Mar 1995 - Dec 2023
National Government Debt (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (RMB bn) 58,979.220 2028 yearly 1982 - 2028
Forecast: Government Net Debt (RMB bn) 174,424.650 2028 yearly 1995 - 2028
Forecast: Government Revenue (RMB bn) 45,901.290 2028 yearly 1982 - 2028
Foreign Debts: Qtr: Long Term (USD mn) 1,084,700.000 Dec 2023 quarterly Jun 2003 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 39,705.5 Feb 2024 monthly Jan 1992 - Feb 2024
Total Exports (USD mn) 220,279.3 Feb 2024 monthly Jan 1992 - Feb 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 180,573.8 Feb 2024 monthly Jan 1992 - Feb 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 30,786.817 Feb 2024 monthly Jan 1981 - Feb 2024
Total Imports from USA (USD mn) 11,862.668 Feb 2024 monthly Jan 1981 - Feb 2024
Trade Index: Export: Quantum (Prev Year=100) 119.600 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Export: Value (Prev Year=100) 110.600 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Export: Unit Value (Prev Year=100) 92.500 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Quantum (Prev Year=100) 93.400 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Value (Prev Year=100) 96.100 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.900 Feb 2024 monthly Jan 2005 - Feb 2024
Automobile: Exports: Total (USD mn) 14,119.041 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: MC: Bus (USD mn) 1,707.423 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: MC: Sedan (USD mn) 1,088.459 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: Motorcycle (USD mn) 532.273 Feb 2024 monthly Mar 2003 - Feb 2024
Automobile: Imports: Total (USD mn) 4,706.926 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 454.339 Feb 2024 monthly Jan 2002 - Feb 2024
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 39.495 Feb 2024 monthly Jan 2002 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 43,582.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance (USD mn) 56,191.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment (USD mn) 17,668.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment (USD mn) 45,812.551 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.0 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -13,685.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 59,498.171 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.4 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 160.975 2028 yearly 1997 - 2028
Net International Investment Position (USD mn) 2,908,204.202 Dec 2023 quarterly Mar 2011 - Dec 2023
BoP: CA: Goods (USD mn) 151,143.123 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Credit (USD mn) 988,546.409 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Debit (USD mn) -932,354.900 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Import (USD mn) -692,057.057 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Export (USD mn) 843,200.180 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Current Account (CA) (USD mn) 56,191.509 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services (USD mn) -56,695.103 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Debit (USD mn) -142,228.464 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 50,147.937 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Credit (USD mn) 85,533.362 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income (USD mn) -42,647.146 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) -92,795.083 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income (USD mn) 4,390.635 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Credit (USD mn) 9,664.931 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Debit (USD mn) -5,274.295 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Credit (USD mn) 38.919 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account (USD mn) -81.481 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Debit (USD mn) -120.400 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Financial Account (FA) (USD mn) -46,554.188 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Asset (USD mn) -89,936.814 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve (USD mn) -34,033.548 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -9,555.840 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Reserve Asset (USD mn) -12,520.640 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Asset (USD mn) -77,416.174 Dec 2023 quarterly Mar 1998 - Dec 2023
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 167,895.000 Feb 2024 monthly Jan 1995 - Feb 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Dec 2023 quarterly Mar 2005 - Dec 2023
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,272,053.180 Sep 2023 monthly Jan 1997 - Sep 2023
Money Supply M2 (USD mn) 39,662,938.596 Sep 2023 monthly Jan 1997 - Sep 2023
M2 Growth (%) 8.7 Feb 2024 monthly Mar 1997 - Feb 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Jan 1985 - Mar 2024
Foreign Exchange Reserves (USD mn) 3,245,657.0 Mar 2024 monthly Jan 1989 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 17.9 Feb 2024 monthly Jan 2000 - Feb 2024
Gold Reserves (USD mn) 161,069.000 Mar 2024 monthly Dec 1977 - Mar 2024
Total Deposits (USD mn) 40,387,893.077 Feb 2024 monthly Jan 1997 - Feb 2024
Total Deposits Growth (%) 8.4 Feb 2024 monthly Jan 1998 - Feb 2024
Domestic Credit (USD mn) 46,220,915.5 Jan 2024 monthly Jun 1999 - Jan 2024
Domestic Credit Growth (%) 10.4 Jan 2024 monthly Jun 2000 - Jan 2024
Debt Service Ratio: Private Non-Financial Sector (%) 21.600 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 10,659.804 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 39,191.732 Sep 2023 quarterly Dec 1985 - Sep 2023
Household Debt (USD mn) 11,313,226.3 Jan 2024 monthly Jan 2007 - Jan 2024
Total Loans (USD mn) 33,894,216.764 Feb 2024 monthly Jan 1997 - Feb 2024
Total Loans Growth (%) 10.11 Feb 2024 monthly Jan 1998 - Feb 2024
Private Debt: % of Nominal GDP (%) 194.67 Dec 2023 quarterly Dec 1992 - Dec 2023
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 281.981 Mar 2024 monthly Jan 2000 - Mar 2024
Business Confidence Growth (% Point) -2.2 Mar 2024 monthly Jan 2006 - Mar 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020

More Indicators for China

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data