Taiwan Oil Consumption

1965 - 2023 | Yearly | Barrel/Day th | BP PLC

Key information about Taiwan Oil Consumption

  • Taiwan Oil Consumption was reported at 839.579 Barrel/Day th in Dec 2023
  • This records a decrease from the previous number of 888.241 Barrel/Day th for Dec 2022
  • Taiwan Oil Consumption data is updated yearly, averaging 688.840 Barrel/Day th from Dec 1965 to 2023, with 59 observations
  • The data reached an all-time high of 1,058.188 Barrel/Day th in 2007 and a record low of 43.856 Barrel/Day th in 1965
  • Taiwan 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 Taiwan's Oil Consumption from 1965 to 2023 in the chart:

Taiwan Oil Consumption

What was Taiwan's Oil Consumption in 2023?

Taiwan Oil Consumption was reported at 839.579 Barrel/Day th in Dec 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
839.579 2023 888.241 2022 43.856 1965 1,058.188 2007 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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Taiwan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.9 2022 yearly 1981 - 2022
Consolidated Fiscal Balance (USD mn) 14,792.683 2022 yearly 1984 - 2022
Tax Revenue (USD mn) 12,960.721 Sep 2024 monthly Oct 1983 - Sep 2024
Tax Revenue: % of GDP (%) 25.2 Jun 2024 quarterly Mar 1975 - Jun 2024
National Government Debt (USD mn) 223,824.2 2023 yearly 1996 - 2023
Government Debt: % of GDP (%) 29.1 2023 yearly 1996 - 2023
Forecast: Government Expenditure (NTD bn) 5,932.852 2029 yearly 1980 - 2029
Forecast: Government Net Debt (NTD bn) 5,303.438 2029 yearly 1997 - 2029
Forecast: Government Revenue (NTD bn) 5,591.601 2029 yearly 1980 - 2029
General Government Revenue (NTD mn) 4,489,271.000 2018 yearly 1981 - 2018
General Government Revenue: Taxes on Production and Imports (NTD mn) 1,119,106.000 2018 yearly 1981 - 2018
General Government Expenditure (NTD mn) 4,373,926.000 2018 yearly 1981 - 2018
General Government Savings (NTD mn) 115,345.000 2018 yearly 1981 - 2018
General Govt Financing: Net Borrowing (NTD mn) 117,371.000 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Indirect (NTD mn) 1,080,661.145 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Direct (NTD mn) 2,375,496.772 2023 yearly 1974 - 2023
General Government Net Expenditure: Current (NTD mn) 3,275,399.000 2023 yearly 1974 - 2023
General Government Net Expenditure: Capital (NTD mn) 759,309.000 2023 yearly 1974 - 2023
Govt Debt: Outstanding: Non Self-Redeeming Debt Maturity >=1 Yr (NS) (NTD mn) 6,853,497.000 2023 yearly 1996 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.724 2029 yearly 1980 - 2029
Trade Balance (USD mn) 6,669.1 Sep 2024 monthly Jan 2008 - Sep 2024
Total Exports (USD mn) 40,328.7 Sep 2024 monthly Jan 2008 - Sep 2024
Total Exports Growth (%) 4.8 Sep 2024 monthly Jan 2009 - Sep 2024
Aluminum: Exports (USD th) 879,417.551 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 564,813.385 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 271,952.564 2022 yearly 1995 - 2022
Total Imports (USD mn) 33,659.6 Sep 2024 monthly Jan 2008 - Sep 2024
Total Imports Growth (%) 18.2 Sep 2024 monthly Jan 2009 - Sep 2024
Imports: Medicament (USD th) 11,058,516.684 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,465,170.025 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8,782.196 Sep 2024 monthly Jan 1988 - Sep 2024
Total Imports from USA (USD mn) 3,379.823 Sep 2024 monthly Jan 1986 - Sep 2024
Total Exports to China (USD mn) 8,940.059 Sep 2024 monthly Aug 1992 - Sep 2024
Total Imports from China (USD mn) 6,924.452 Sep 2024 monthly Jul 1991 - Sep 2024
Trade Balance: Custom Clearance: USD: Seasonally Adjusted (USD mn) 6,669.073 Sep 2024 monthly Jan 2008 - Sep 2024
Trade Balance: Custom Clearance: Include Re Export & Re Import (NTD mn) 227,695.797 Sep 2024 monthly Jan 1981 - Sep 2024
Export: Include Re Export: Singapore (NTD mn) 91,764.000 Sep 2024 monthly Jan 1988 - Sep 2024
Import: Include Re Import: Saudi Arabia (NTD mn) 19,116.000 Sep 2024 monthly Jan 1988 - Sep 2024
Net Terms of Trade: Reference Year=2016: Chain Linked (2016=100) 92.93 Jun 2018 monthly Jan 2011 - Jun 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 10,700.0 Jun 2024 quarterly Mar 1981 - Jun 2024
Current Account Balance (USD mn) 21,819.0 Jun 2024 quarterly Mar 1974 - Jun 2024
Current Account Balance: % of GDP (%) 11.4 Jun 2024 quarterly Mar 1974 - Jun 2024
Foreign Direct Investment (USD mn) 4,160.0 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.2 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Portfolio Investment (USD mn) 2,994.000 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 1.6 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 2,711.0 Jun 2024 quarterly Mar 1981 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 283.000 Jun 2024 quarterly Mar 1981 - Jun 2024
External Debt (USD mn) 199,996.0 Mar 2024 quarterly Jun 1999 - Mar 2024
External Debt: % of GDP (%) 27.3 2023 yearly 1999 - 2023
External Debt: Short Term (USD mn) 184,233.0 Mar 2024 quarterly Jun 1999 - Mar 2024
External Debt: Short Term: % of GDP (%) 25.3 2023 yearly 1999 - 2023
Total Debt: % of GDP (%) 882.1 2022 yearly 2000 - 2022
Forecast: Current Account Balance (USD bn) 170.549 2029 yearly 1984 - 2029
Net International Investment Position (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
BoP: Net Errors and Omissions (USD mn) -1,801.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: Reserve Assets (USD mn) 5,458.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: SV: Credit (USD mn) 13,691.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: PI: Credit (USD mn) 15,576.000 Jun 2024 quarterly Mar 1984 - Jun 2024
Bop: CU: Secondary Income (USD mn) -1,102.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: Primary Income (PI) (USD mn) 6,163.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: Goods: Credit (USD mn) 100,722.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: Services (SV) (USD mn) -4,064.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: SV: Debit (USD mn) 17,755.000 Jun 2024 quarterly Mar 1984 - Jun 2024
Bop: CU: Secondary Income: Debit (USD mn) 3,314.000 Jun 2024 quarterly Mar 1984 - Jun 2024
Bop: CU: Secondary Income: Credit (USD mn) 2,212.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: Goods (USD mn) 20,822.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: Current Account (CU) (USD mn) 21,819.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: GS: Goods: Debit (USD mn) 79,900.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: CU: PI: Debit (USD mn) 9,413.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 13,055.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: DI: Net Acquisition of Financial Assets (NA) (USD mn) 10,700.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: Other Investment (OI) (USD mn) -5,296.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: OI: Net Acquisition of Financial Assets (NA) (USD mn) -8,123.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: Direct Investment (DI) (USD mn) 6,540.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: PI: Net Incurrence of Liabilities (NI) (USD mn) 2,994.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: OI: Net Incurrence of Liabilities (NI) (USD mn) -2,827.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: DI: Net Incurrence of Liabilities (NI) (USD mn) 4,160.000 Jun 2024 quarterly Mar 1984 - Jun 2024
BoP: FA: PI: Net Acquisition of Financial Assets (NA) (USD mn) 16,049.000 Jun 2024 quarterly Mar 1984 - Jun 2024
International Investment Position (IIP): Assets (USD mn) 2,909,567.000 2023 yearly 2000 - 2023
IIP: Liabilities (Liab) (USD mn) 1,174,265.000 2023 yearly 2000 - 2023
IIP: Net (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
Cross-Strait Finance: All Banks: Inward Remittance (USD mn) 26,773.000 Aug 2024 monthly Jan 2005 - Aug 2024
Cross-Strait Finance: All Banks: Outward Remittance (USD mn) 31,294.000 Aug 2024 monthly Jan 2005 - Aug 2024
Approved Foreign Investment: China (USD mn) 0.306 May 2023 monthly Jul 2009 - May 2023
AFI: Real Estate (USD mn) 2.846 Sep 2024 monthly Jan 2006 - Sep 2024
AFI: Manufacturing (Mfg) (USD mn) 48.997 Sep 2024 monthly Jan 2006 - Sep 2024
AFI: Information & Communication (USD mn) 12.826 Sep 2024 monthly Jan 2006 - Sep 2024
AFI: Finance and Insurance (USD mn) 359.218 Sep 2024 monthly Jan 2006 - Sep 2024
AFI: Wholesale & Retail Trade (USD mn) 36.280 Sep 2024 monthly Jan 2006 - Sep 2024
App Outward Investment: China: IN: Incl Supplementary Application (USD mn) 177.724 Sep 2024 monthly Jul 2002 - Sep 2024
No of Company: Newly Registered (NR): Total (Unit) 3,744.000 Sep 2024 monthly Jan 2002 - Sep 2024
No of Company: Registered (RG): Total (Unit) 787,955.000 Sep 2024 monthly Dec 2001 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.1 Aug 2024 monthly Jan 2004 - Aug 2024
Household Debt: % of GDP (%) 88.7 2022 yearly 2000 - 2022
Non-Performing Loans (USD mn) 2,043.818 Aug 2024 monthly Jan 2004 - Aug 2024
Money Supply M1 (USD mn) 360,077.946 Sep 2024 monthly Jan 1992 - Sep 2024
Money Supply M2 (USD mn) 2,003,730.205 Sep 2024 monthly Jan 1992 - Sep 2024
M2 Growth (%) 5.7 Sep 2024 monthly Jan 1993 - Sep 2024
Reserve Requirement Ratio (%) 5.0 Oct 2024 monthly Dec 1988 - Oct 2024
Foreign Exchange Reserves (USD mn) 576,846.0 Oct 2024 monthly Mar 1969 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.000 Oct 2024 monthly Dec 1988 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 17.3 Sep 2024 monthly Jan 1981 - Sep 2024
Gold Reserves (USD mn) 4,889.800 Sep 2024 monthly Jun 1998 - Sep 2024
Total Deposits (USD mn) 1,585,691.487 Aug 2024 monthly May 1987 - Aug 2024
Total Deposits Growth (%) 6.4 Aug 2024 monthly May 1988 - Aug 2024
Domestic Credit (USD mn) 1,570,720.4 Sep 2024 monthly Oct 1983 - Sep 2024
Domestic Credit Growth (%) 8.8 Sep 2024 monthly Jul 1962 - Sep 2024
Household Debt (USD mn) 674,808.7 2022 yearly 2000 - 2022
Total Loans (USD mn) 1,216,101.295 Sep 2024 monthly Jan 1997 - Sep 2024
Total Loans Growth (%) 9.64 Sep 2024 monthly Jan 1998 - Sep 2024
Private Debt: % of Nominal GDP (%) 141.66 Jun 2024 quarterly Mar 1997 - Jun 2024
Money Supply M1A: Monthly Average: sa (NTD mn) 11,396,467.000 Sep 2024 monthly Jan 1992 - Sep 2024
Money Supply M1B: Monthly Average: sa (NTD mn) 27,549,626.000 Sep 2024 monthly Jan 1992 - Sep 2024
Money Supply M2: Monthly Average (NTD mn) 63,108,446.000 Sep 2024 monthly Jan 1982 - Sep 2024
Money Supply M2: Monthly Average: sa (NTD mn) 63,418,061.000 Sep 2024 monthly Jan 1992 - Sep 2024
Deposits: All Banks: Total (NTD mn) 33,707,077.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: EI: Private Enterprises (NTD mn) 9,560,447.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: EI: Individuals and Others (NTD mn) 23,230,475.00 May 2018 monthly Jan 1997 - May 2018
Loans & Discounts (L&D): All Banks: Total (NTD mn) 24,989,912.00 May 2018 monthly Jan 1997 - May 2018
L&D: All Banks: PG: Private Enterprises (NTD mn) 10,921,290.00 May 2018 monthly Jan 1997 - May 2018
Consumer Loans: Outstanding: DB: House Purchasing (NTD mn) 6,784,321.00 Jun 2018 monthly Jul 1988 - Jun 2018
Consumer Loans: Outstanding: Domestic Bk, Foreign Bk, Med Bus Bk(DB) (NTD mn) 8,093,874.00 Jun 2018 monthly Jul 1988 - Jun 2018
Past Due Loan: Total (NTD mn) 76,400.00 May 2018 monthly Jan 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Lagging Composite Index: sa (NA) 90.315 Sep 2024 monthly Jan 1982 - Sep 2024
Leading Composite Index: sa (NA) 95.026 Sep 2024 monthly Jan 1982 - Sep 2024
Coincident Composite Index: sa (NA) 97.376 Sep 2024 monthly Jan 1982 - Sep 2024
TIER: Construction Industry Sentiment Index (2006=100) 101.210 Sep 2024 monthly Apr 2010 - Sep 2024
TIER: Service Industry Sentiment Index (2006=100) 91.430 Sep 2024 monthly Dec 2008 - Sep 2024
TIER: Manufacturing Industry Sentiment Index (2006=100) 94.820 Sep 2024 monthly Sep 2007 - Sep 2024
Purchasing Manager Index (PMI): Manufacturing: sa (%) 58.30 Jun 2018 monthly Jul 2012 - Jun 2018

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