Australia Crude Oil: Production
1960 - 2023 | Yearly | Barrel/Day th | Organization of the Petroleum Exporting Countries
Key information about Australia Crude Oil: Production
- Australia Crude Oil: Production was reported at 85.482 Barrel/Day th in Dec 2023
- This records a decrease from the previous number of 110.438 Barrel/Day th for Dec 2022
- Australia Crude Oil: Production data is updated yearly, averaging 341.312 Barrel/Day th from Dec 1960 to 2023, with 64 observations
- The data reached an all-time high of 593.757 Barrel/Day th in 2000 and a record low of 0.000 Barrel/Day th in 1963
- Australia 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: Yearly
View Australia's Crude Oil: Production from 1960 to 2023 in the chart:
What was Australia's Crude Oil: Production in 2023?
Australia Crude Oil: Production was reported at 85.482 Barrel/Day th in Dec 2023 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 85.482 2023 | 110.438 2022 | 0.000 1963 | 593.757 2000 | Barrel/Day th | yearly | 1960 - 2023 |
Crude Oil: Production by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (Barrel/Day th) | 7.000 2006 | yearly | 1995 - 2006 |
| Algeria (Barrel/Day th) | 895.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Angola (Barrel/Day th) | 1,130.000 Nov 2023 | monthly | Oct 2006 - Nov 2023 |
| Argentina (Barrel/Day th) | 635.205 2023 | yearly | 1960 - 2023 |
| Australia (Barrel/Day th) | 85.482 2023 | yearly | 1960 - 2023 |
| Azerbaijan (Barrel/Day th) | 504.244 2023 | yearly | 1960 - 2023 |
| Bahrain (Barrel/Day th) | 183.419 2023 | yearly | 1960 - 2023 |
| Brazil (Barrel/Day th) | 3,401.532 2023 | yearly | 1960 - 2023 |
| Brunei (Barrel/Day th) | 67.468 2023 | yearly | 1960 - 2023 |
| Cameroon (Barrel/Day th) | 87.500 2006 | yearly | 1995 - 2006 |
| Canada (Barrel/Day th) | 1,224.860 2023 | yearly | 1960 - 2023 |
| Chile (Barrel/Day th) | 2.000 2023 | yearly | 1960 - 2023 |
| China (Barrel/Day th) | 4,181.323 2023 | yearly | 1960 - 2023 |
| Colombia (Barrel/Day th) | 776.644 2023 | yearly | 1960 - 2023 |
| Congo (Barrel/Day th) | 271.301 2023 | yearly | 1960 - 2023 |
| Denmark (Barrel/Day th) | 58.342 2023 | yearly | 1960 - 2023 |
| Ecuador (Barrel/Day th) | 535.000 Nov 2019 | monthly | Sep 2007 - Nov 2019 |
| Egypt (%) | 2.048 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
| Equatorial Guinea (Barrel/Day th) | 54.881 2023 | yearly | 1960 - 2023 |
| France (Barrel/Day th) | 14.490 2019 | yearly | 1960 - 2019 |
| Gabon (Barrel/Day th) | 236.000 Jan 2025 | monthly | Apr 2016 - Jan 2025 |
| Germany (Barrel/Day th) | 37.836 2019 | yearly | 1960 - 2019 |
| Hungary (Barrel/Day th) | 17.800 2006 | yearly | 1995 - 2006 |
| India (Barrel/Day th) | 544.400 2023 | yearly | 1960 - 2023 |
| Indonesia (Barrel/Day th) | 739.000 Nov 2016 | monthly | Jan 2002 - Nov 2016 |
| Iran (Barrel/Day th) | 3,280.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Iraq (Barrel/Day th) | 3,999.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Israel (%) | -0.797 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
| Italy (Barrel/Day th) | 77.699 2019 | yearly | 1960 - 2019 |
| Ivory Coast (%) | 0.906 Sep 2024 | monthly | Feb 2022 - Sep 2024 |
| Jordan (%) | 3.076 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Kazakhstan (Barrel/Day th) | 1,567.156 2023 | yearly | 1960 - 2023 |
| Kuwait (Barrel/Day th) | 2,412.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Libya (Barrel/Day th) | 1,277.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Malawi (%) | 6.693 May 2024 | monthly | Jan 2014 - May 2024 |
| Malaysia (Barrel/Day th) | 372.792 2023 | yearly | 1960 - 2023 |
| Mexico (Barrel/Day th) | 1,653.184 2023 | yearly | 1960 - 2023 |
| Mozambique (%) | -2.087 Jun 2023 | monthly | Jun 2012 - Jun 2023 |
| 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) | 1,495.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Norway (Barrel/Day th) | 1,794.195 2023 | yearly | 1960 - 2023 |
| Oman (Barrel/Day th) | 814.526 2023 | yearly | 1960 - 2023 |
| Palestinian Territory (%) | 5.231 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| 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) | 9,592.386 2023 | yearly | 1960 - 2023 |
| Saudi Arabia (Barrel/Day th) | 8,937.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| South Africa (%) | -2.559 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Sudan (Barrel/Day th) | 200.471 2023 | yearly | 1960 - 2023 |
| Syria (Barrel/Day th) | 32.112 2022 | yearly | 1960 - 2022 |
| Trinidad and Tobago (Barrel/Day th) | 58.904 2019 | yearly | 1960 - 2019 |
| Tunisia (%) | 1.846 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
| 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) | 2,933.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| United Kingdom (Barrel/Day th) | 645.370 2023 | yearly | 1960 - 2023 |
| United States (Barrel/Day th) | 12,927.088 2023 | yearly | 1960 - 2023 |
| Venezuela (Barrel/Day th) | 892.000 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Yemen (Barrel/Day th) | 49.000 2022 | yearly | 1960 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue (USD mn) | 125,735.607 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
| Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
| Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 3,220.8 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Exports (USD mn) | 27,886.7 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Exports Growth (%) | -2.9 Dec 2024 | monthly | Jul 1972 - Dec 2024 |
| Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,275,238.605 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,826,091.258 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 24,665.9 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Imports Growth (%) | 9.2 Dec 2024 | monthly | Jul 1972 - Dec 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) | 1,897.033 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Total Imports from USA (USD mn) | 2,925.675 Dec 2024 | monthly | Apr 1969 - Dec 2024 |
| Total Exports to China (USD mn) | 10,618.951 Dec 2024 | monthly | Apr 1969 - Dec 2024 |
| Total Imports from China (USD mn) | 5,713.268 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Trade Balance: Goods (AUD mn) | 9,099.000 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Trade Balance: sa: Goods (AUD mn) | 5,085.000 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,859.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,431.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 16,776.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 15,479.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 5,964.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 7,704.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 3,471.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: Japan (AUD mn) | 6,663.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 16,765.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: United States of America (AUD mn) | 2,995.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: India (AUD mn) | 2,744.000 Dec 2024 | monthly | Jan 1988 - Dec 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) | 3,541.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,671.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 2,028.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 5,174.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 346.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Germany (AUD mn) | 1,268.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: United States of America (AUD mn) | 4,619.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Japan (AUD mn) | 2,349.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Singapore (AUD mn) | 1,294.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: China (AUD mn) | 9,020.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 32,414.717 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Money Supply M1 (USD mn) | 1,087,673.693 Dec 2024 | monthly | Feb 1975 - Dec 2024 |
| Money Supply M2 (USD mn) | 1,932,732.101 Dec 2024 | monthly | Mar 1965 - Dec 2024 |
| M2 Growth (%) | 5.5 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 40,882.0 Jan 2025 | monthly | Jul 1969 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 2.137 Sep 2024 | quarterly | Sep 1969 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 6,428.012 Jan 2025 | monthly | Jan 1958 - Jan 2025 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 3.7 Sep 2024 | quarterly | Sep 2005 - Sep 2024 |
| Domestic Credit (USD mn) | 3,691,058.6 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
| Domestic Credit Growth (%) | -1.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 1,982.664 Jun 2024 | quarterly | Dec 1977 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 3,045.693 Jun 2024 | quarterly | Mar 1971 - Jun 2024 |
| Household Debt (USD mn) | 2,206,853.7 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Total Loans (USD mn) | 2,319,101.011 Dec 2024 | monthly | Sep 1976 - Dec 2024 |
| Total Loans Growth (%) | 7.09 Dec 2024 | monthly | Sep 1977 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 125.28 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Money Supply: M3 (AUD bn) | 3,124.796 Dec 2024 | monthly | Jul 1959 - Dec 2024 |
| Money Supply: sa: M3 (AUD bn) | 3,124.870 Dec 2024 | monthly | Mar 1965 - Dec 2024 |
| Money Supply: sa: M1 (AUD bn) | 1,758.567 Dec 2024 | monthly | Feb 1975 - Dec 2024 |
| Official Reserve Assets: Total: in USD (USD mn) | 64,825.000 Jan 2025 | monthly | Jul 1969 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 223.701 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Geopolitical Risk Index (%) | 0.069 Jan 2025 | monthly | Jan 1985 - Jan 2025 |
| Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
| Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
| Business Confidence Growth (% Point) | -2.0 Dec 2024 | monthly | Jul 2013 - Dec 2024 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 57.400 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
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