Australia Oil Consumption
1965 - 2023 | Yearly | Barrel/Day th | BP PLC
Key information about Australia Oil Consumption
- Australia Oil Consumption was reported at 1,056.211 Barrel/Day th in Dec 2023
- This records an increase from the previous number of 998.525 Barrel/Day th for Dec 2022
- Australia Oil Consumption data is updated yearly, averaging 753.179 Barrel/Day th from Dec 1965 to 2023, with 59 observations
- The data reached an all-time high of 1,075.165 Barrel/Day th in 2018 and a record low of 343.872 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 2023 in the chart:
What was Australia's Oil Consumption in 2023?
Australia Oil Consumption was reported at 1,056.211 Barrel/Day th in Dec 2023 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,056.211 2023 | 998.525 2022 | 343.872 1965 | 1,075.165 2018 | Barrel/Day th | yearly | 1965 - 2023 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 439.929 2023 | yearly | 1965 - 2023 |
| Argentina (Barrel/Day th) | 689.692 2023 | yearly | 1965 - 2023 |
| Australia (Barrel/Day th) | 1,056.211 2023 | yearly | 1965 - 2023 |
| Austria (Barrel/Day th) | 234.051 2023 | yearly | 1965 - 2023 |
| Azerbaijan (Barrel/Day th) | 130.084 2023 | yearly | 1985 - 2023 |
| Bangladesh (Barrel/Day th) | 239.750 2023 | yearly | 1971 - 2023 |
| Belarus (Barrel/Day th) | 148.256 2023 | yearly | 1985 - 2023 |
| Belgium (Barrel/Day th) | 556.428 2023 | yearly | 1965 - 2023 |
| Brazil (Barrel/Day th) | 2,566.948 2023 | yearly | 1965 - 2023 |
| Bulgaria (Barrel/Day th) | 105.901 2023 | yearly | 1965 - 2023 |
| Canada (Barrel/Day th) | 2,351.163 2023 | yearly | 1965 - 2023 |
| Chile (Barrel/Day th) | 416.424 2023 | yearly | 1965 - 2023 |
| China (Barrel/Day th) | 16,576.537 2023 | yearly | 1965 - 2023 |
| Colombia (Barrel/Day th) | 484.497 2023 | yearly | 1965 - 2023 |
| Croatia (Barrel/Day th) | 69.922 2023 | yearly | 1990 - 2023 |
| Cyprus (Barrel/Day th) | 48.130 2023 | yearly | 1965 - 2023 |
| Czech Republic (Barrel/Day th) | 205.720 2023 | yearly | 1965 - 2023 |
| Denmark (Barrel/Day th) | 152.952 2023 | yearly | 1965 - 2023 |
| Ecuador (Barrel/Day th) | 287.414 2023 | yearly | 1965 - 2023 |
| Egypt (Barrel/Day th) | 741.902 2023 | yearly | 1965 - 2023 |
| Estonia (Barrel/Day th) | 26.663 2023 | yearly | 1985 - 2023 |
| Finland (Barrel/Day th) | 164.121 2023 | yearly | 1965 - 2023 |
| France (Barrel/Day th) | 1,347.801 2023 | yearly | 1965 - 2023 |
| Germany (Barrel/Day th) | 1,954.716 2023 | yearly | 1965 - 2023 |
| Greece (Barrel/Day th) | 296.870 2023 | yearly | 1965 - 2023 |
| Hong Kong SAR, China (Barrel/Day th) | 268.251 2023 | yearly | 1965 - 2023 |
| Hungary (Barrel/Day th) | 167.249 2023 | yearly | 1965 - 2023 |
| Iceland (Barrel/Day th) | 16.927 2023 | yearly | 1965 - 2023 |
| India (Barrel/Day th) | 5,446.103 2023 | yearly | 1965 - 2023 |
| Indonesia (Barrel/Day th) | 1,603.769 2023 | yearly | 1965 - 2023 |
| Iran (Barrel/Day th) | 1,816.840 2023 | yearly | 1965 - 2023 |
| Iraq (Barrel/Day th) | 772.000 2022 | yearly | 1965 - 2022 |
| Ireland (Barrel/Day th) | 147.605 2023 | yearly | 1965 - 2023 |
| Israel (Barrel/Day th) | 223.346 2023 | yearly | 1965 - 2023 |
| Italy (Barrel/Day th) | 1,221.035 2023 | yearly | 1965 - 2023 |
| Japan (Barrel/Day th) | 3,365.773 2023 | yearly | 1965 - 2023 |
| Kazakhstan (Barrel/Day th) | 348.999 2023 | yearly | 1985 - 2023 |
| South Korea (Barrel/Day th) | 2,796.973 2023 | yearly | 1965 - 2023 |
| Kuwait (Barrel/Day th) | 411.498 2023 | yearly | 1965 - 2023 |
| Latvia (Barrel/Day th) | 36.000 2022 | yearly | 1985 - 2022 |
| Lithuania (Barrel/Day th) | 65.140 2023 | yearly | 1985 - 2023 |
| 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) | 929.556 2023 | yearly | 1965 - 2023 |
| Mexico (Barrel/Day th) | 1,961.618 2023 | yearly | 1965 - 2023 |
| Morocco (Barrel/Day th) | 300.366 2023 | yearly | 1965 - 2023 |
| Netherlands (Barrel/Day th) | 850.292 2023 | yearly | 1965 - 2023 |
| New Zealand (Barrel/Day th) | 156.557 2023 | yearly | 1965 - 2023 |
| Norway (Barrel/Day th) | 213.354 2023 | yearly | 1965 - 2023 |
| Oman (Barrel/Day th) | 226.000 2022 | yearly | 1965 - 2022 |
| Pakistan (Barrel/Day th) | 393.519 2023 | yearly | 1965 - 2023 |
| Peru (Barrel/Day th) | 268.919 2023 | yearly | 1965 - 2023 |
| Philippines (Barrel/Day th) | 471.403 2023 | yearly | 1965 - 2023 |
| Poland (Barrel/Day th) | 699.843 2023 | yearly | 1965 - 2023 |
| Portugal (Barrel/Day th) | 216.321 2023 | yearly | 1965 - 2023 |
| Qatar (Barrel/Day th) | 369.968 2023 | yearly | 1965 - 2023 |
| Romania (Barrel/Day th) | 223.411 2023 | yearly | 1965 - 2023 |
| Russia (Barrel/Day th) | 3,634.960 2023 | yearly | 1985 - 2023 |
| Saudi Arabia (Barrel/Day th) | 4,051.907 2023 | yearly | 1965 - 2023 |
| Singapore (Barrel/Day th) | 1,359.343 2023 | yearly | 1965 - 2023 |
| Slovakia (Barrel/Day th) | 88.235 2023 | yearly | 1965 - 2023 |
| Slovenia (Barrel/Day th) | 54.000 2022 | yearly | 1990 - 2022 |
| South Africa (Barrel/Day th) | 522.421 2023 | yearly | 1965 - 2023 |
| Spain (Barrel/Day th) | 1,227.784 2023 | yearly | 1965 - 2023 |
| Sri Lanka (Barrel/Day th) | 98.000 2022 | yearly | 1965 - 2022 |
| Sweden (Barrel/Day th) | 240.332 2023 | yearly | 1965 - 2023 |
| Switzerland (Barrel/Day th) | 188.357 2023 | yearly | 1965 - 2023 |
| Taiwan (Barrel/Day th) | 839.579 2023 | yearly | 1965 - 2023 |
| Thailand (Barrel/Day th) | 1,221.144 2023 | yearly | 1965 - 2023 |
| Trinidad and Tobago (Barrel/Day th) | 32.645 2023 | yearly | 1965 - 2023 |
| Turkey (Barrel/Day th) | 1,135.886 2023 | yearly | 1965 - 2023 |
| Turkmenistan (Barrel/Day th) | 145.936 2023 | yearly | 1985 - 2023 |
| Ukraine (Barrel/Day th) | 203.797 2023 | yearly | 1985 - 2023 |
| United Arab Emirates (Barrel/Day th) | 1,139.420 2023 | yearly | 1965 - 2023 |
| United Kingdom (Barrel/Day th) | 1,324.763 2023 | yearly | 1965 - 2023 |
| United States (Barrel/Day th) | 18,983.557 2023 | yearly | 1965 - 2023 |
| Uzbekistan (Barrel/Day th) | 125.983 2023 | yearly | 1985 - 2023 |
| Venezuela (Barrel/Day th) | 396.384 2023 | yearly | 1965 - 2023 |
| Vietnam (Barrel/Day th) | 602.111 2023 | yearly | 1965 - 2023 |
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.8 Jun 2024 | quarterly | Jun 2003 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -4,711.083 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Tax Revenue (USD mn) | 149,474.073 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| 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) | 1,268.078 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) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Exports (USD mn) | 27,639.9 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Exports Growth (%) | -10.2 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
| Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
| 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) | 24,520.3 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Imports Growth (%) | -7.8 Sep 2024 | monthly | Jul 1972 - Sep 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) | 1,338.429 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Total Imports from USA (USD mn) | 2,739.142 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
| Total Exports to China (USD mn) | 9,515.235 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
| Total Imports from China (USD mn) | 6,346.875 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Trade Balance: Goods (AUD mn) | 4,234.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Trade Balance: sa: Goods (AUD mn) | 4,609.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Terms of Trade Index: sa (2021-2022=100) | 91.300 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,399.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,190.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 12,890.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,674.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 2,914.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: Japan (AUD mn) | 5,301.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,055.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: United States of America (AUD mn) | 1,977.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: India (AUD mn) | 2,156.000 Sep 2024 | monthly | Jan 1988 - Sep 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) | 3,472.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,120.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,923.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,146.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 424.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Germany (AUD mn) | 1,496.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: United States of America (AUD mn) | 4,046.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Japan (AUD mn) | 1,819.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Singapore (AUD mn) | 1,011.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: China (AUD mn) | 9,375.000 Sep 2024 | monthly | Jan 1988 - Sep 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 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,184,678.756 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
| Money Supply M2 (USD mn) | 2,132,379.740 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
| M2 Growth (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 38,916.8 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.128 Jun 2024 | quarterly | Sep 1969 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 6,999.985 Oct 2024 | monthly | Jan 1958 - Oct 2024 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Domestic Credit (USD mn) | 3,795,894.1 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Domestic Credit Growth (%) | -1.1 Aug 2024 | monthly | Dec 2002 - Aug 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) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
| Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Total Loans (USD mn) | 2,554,892.630 Sep 2024 | monthly | Sep 1976 - Sep 2024 |
| Total Loans Growth (%) | 6.36 Sep 2024 | monthly | Sep 1977 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 124.85 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Money Supply: M3 (AUD bn) | 3,075.429 Sep 2024 | monthly | Jul 1959 - Sep 2024 |
| Money Supply: sa: M1 (AUD bn) | 1,708.507 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
| Money Supply: sa: M3 (AUD bn) | 3,075.252 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
| Official Reserve Assets: Total: in USD (USD mn) | 65,018.000 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
| AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 140.248 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Geopolitical Risk Index (%) | 0.111 Oct 2024 | monthly | Jan 1985 - Oct 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 Sep 2024 | monthly | Jul 2013 - Sep 2024 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 53.000 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
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