Australia Oil Consumption
1965 - 2022 | Yearly | Barrel/Day th | BP PLC
Key information about Australia Oil Consumption
- Australia Oil Consumption was reported at 1,008.000 Barrel/Day th in Dec 2022
- This records an increase from the previous number of 941.000 Barrel/Day th for Dec 2021
- Australia Oil Consumption data is updated yearly, averaging 707.500 Barrel/Day th from Dec 1965 to 2022, with 58 observations
- The data reached an all-time high of 1,076.000 Barrel/Day th in 2018 and a record low of 344.000 Barrel/Day th in 1965
- Australia 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 Australia's Oil Consumption from 1965 to 2022 in the chart:
What was Australia's Oil Consumption in 2022?
Australia Oil Consumption was reported at 1,008.000 Barrel/Day th in Dec 2022 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,008.000 2022 | 941.000 2021 | 344.000 1965 | 1,076.000 2018 | Barrel/Day th | yearly | 1965 - 2022 |
Oil Consumption by Country Comparison
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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 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -8,009.611 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Tax Revenue (USD mn) | 131,300.177 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 29.2 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Government Debt: % of GDP (%) | 38.1 2023 | yearly | 1999 - 2023 |
| Forecast: Government Expenditure (AUD bn) | 1,204.174 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,728.540 2028 | yearly | 1989 - 2028 |
| Forecast: Government Revenue (AUD bn) | 1,098.260 2028 | yearly | 1988 - 2028 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 748.200 2027 | yearly | 1997 - 2027 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 771.800 2027 | yearly | 1997 - 2027 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.986 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 3,294.7 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
| Total Exports (USD mn) | 29,452.6 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
| Total Exports Growth (%) | -11.4 Mar 2024 | monthly | Jul 1972 - Mar 2024 |
| Aluminum: Exports (USD th) | 4,436,553.090 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,314,102.737 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,778,195.621 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 26,157.9 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
| Total Imports Growth (%) | 12.3 Mar 2024 | monthly | Jul 1972 - Mar 2024 |
| Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,243.397 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Imports from USA (USD mn) | 2,618.609 Mar 2024 | monthly | Apr 1969 - Mar 2024 |
| Total Exports to China (USD mn) | 10,576.742 Mar 2024 | monthly | Apr 1969 - Mar 2024 |
| Total Imports from China (USD mn) | 4,987.359 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Trade Balance: Goods (AUD mn) | 8,634.000 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
| Trade Balance: sa: Goods (AUD mn) | 5,024.000 Mar 2024 | monthly | Jul 1971 - Mar 2024 |
| Terms of Trade Index: sa (2021-2022=100) | 95.100 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,716.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 14,953.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,372.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 15,754.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 5,126.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 7,126.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 3,369.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: FOB: Japan (AUD mn) | 6,356.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 16,128.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: FOB: United States of America (AUD mn) | 1,896.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Export: Value: FOB: India (AUD mn) | 1,377.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
| Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,510.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,827.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 5,146.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 903.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 345.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: Value: Germany (AUD mn) | 1,602.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: Value: United States of America (AUD mn) | 3,993.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: Value: Japan (AUD mn) | 2,322.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: Value: Singapore (AUD mn) | 1,292.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Import: Value: China (AUD mn) | 7,605.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.0 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 26,522.427 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Money Supply M1 (USD mn) | 1,084,562.809 Mar 2024 | monthly | Feb 1975 - Mar 2024 |
| Money Supply M2 (USD mn) | 1,957,652.116 Mar 2024 | monthly | Mar 1965 - Mar 2024 |
| M2 Growth (%) | 4.8 Mar 2024 | monthly | Mar 1966 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 33,622.1 Apr 2024 | monthly | Jul 1969 - Apr 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.281 Dec 2023 | quarterly | Sep 1969 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 5,678.490 Mar 2024 | monthly | Jan 1958 - Mar 2024 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 3.8 Dec 2023 | quarterly | Sep 2005 - Dec 2023 |
| Domestic Credit (USD mn) | 3,620,561.4 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Domestic Credit Growth (%) | -0.5 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Debt Service Ratio: Households (%) | 19.300 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.700 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 1,841.887 Sep 2023 | quarterly | Dec 1977 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 2,846.135 Sep 2023 | quarterly | Mar 1971 - Sep 2023 |
| Household Debt (USD mn) | 2,081,149.1 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Total Loans (USD mn) | 2,329,267.637 Mar 2024 | monthly | Sep 1976 - Mar 2024 |
| Total Loans Growth (%) | 5.62 Mar 2024 | monthly | Sep 1977 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 123.80 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Money Supply: sa: M1 (AUD bn) | 1,662.420 Mar 2024 | monthly | Feb 1975 - Mar 2024 |
| Money Supply: M3 (AUD bn) | 2,999.571 Mar 2024 | monthly | Jul 1959 - Mar 2024 |
| Money Supply: sa: M3 (AUD bn) | 3,000.693 Mar 2024 | monthly | Mar 1965 - Mar 2024 |
| Official Reserve Assets: Total: in USD (USD mn) | 58,602.000 Apr 2024 | monthly | Jul 1969 - Apr 2024 |
| AU: Broad Money (AUD mn) | 3,131,247.941 2022 | yearly | 1960 - 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 89.672 Dec 2023 | monthly | Jan 1997 - Dec 2023 |
| Geopolitical Risk Index (%) | 0.129 Mar 2024 | monthly | Jan 1985 - Mar 2024 |
| Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
| Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
| Business Confidence Growth (% Point) | 2.0 Mar 2024 | monthly | Jul 2013 - Mar 2024 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 54.900 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
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