Venezuela Crude Oil: Production

2002 - 2024 | Monthly | Barrel/Day th | Organization of the Petroleum Exporting Countries

Key information about Venezuela Crude Oil: Production

  • Venezuela Crude Oil: Production was reported at 943.000 Barrel/Day th in Sep 2024
  • This records an increase from the previous number of 927.000 Barrel/Day th for Aug 2024
  • Venezuela Crude Oil: Production data is updated monthly, averaging 2,323.000 Barrel/Day th from Jan 2002 to Sep 2024, with 273 observations
  • The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 337.000 Barrel/Day th in Jun 2020
  • Venezuela 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: OPEC Members: Monthly
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View Venezuela's Crude Oil: Production from Jan 2002 to Sep 2024 in the chart:

Venezuela Crude Oil: Production

What was Venezuela's Crude Oil: Production in Sep 2024?

Venezuela Crude Oil: Production was reported at 943.000 Barrel/Day th in Sep 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
943.000 Sep 2024 927.000 Aug 2024 337.000 Jun 2020 2,995.000 Oct 2002 Barrel/Day th monthly Jan 2002 - Sep 2024

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) 908.000 Sep 2024 monthly Jan 2002 - Sep 2024
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 (%) 1.251 Oct 2024 monthly Aug 2004 - Oct 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) 211.000 Jul 2024 monthly Apr 2016 - Jul 2024
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) 3,271.000 Jul 2024 monthly Jan 2002 - Jul 2024
Iraq (Barrel/Day th) 3,792.000 Sep 2024 monthly Jan 2002 - Sep 2024
Israel (%) 7.924 Sep 2024 monthly Jan 1960 - Sep 2024
Italy (Barrel/Day th) 77.699 2019 yearly 1960 - 2019
Ivory Coast (%) 2.830 Mar 2024 monthly Feb 2022 - Mar 2024
Jordan (%) 1.313 Aug 2024 monthly Jan 2003 - Aug 2024
Kazakhstan (Barrel/Day th) 1,567.156 2023 yearly 1960 - 2023
Kuwait (Barrel/Day th) 2,413.000 Sep 2024 monthly Jan 2002 - Sep 2024
Libya (Barrel/Day th) 1,175.000 Jul 2024 monthly Jan 2002 - Jul 2024
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) 1,324.000 Sep 2024 monthly Jan 2002 - Sep 2024
Norway (Barrel/Day th) 1,794.195 2023 yearly 1960 - 2023
Oman (Barrel/Day th) 814.526 2023 yearly 1960 - 2023
Palestinian Territory (%) 2.800 Oct 2024 monthly Jan 2012 - Oct 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) 8,975.000 Sep 2024 monthly Jan 2002 - Sep 2024
South Africa (%) -0.814 Sep 2024 monthly Jan 1999 - Sep 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) 2,931.000 Sep 2024 monthly Jan 2002 - Sep 2024
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) 943.000 Sep 2024 monthly Jan 2002 - Sep 2024
Yemen (Barrel/Day th) 49.000 2022 yearly 1960 - 2022

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Venezuela Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 437.177 2023 yearly 2018 - 2023
Forecast: Government Net Debt (VED bn) 4,250.801 2023 yearly 2018 - 2023
Forecast: Government Revenue (VED bn) 314.569 2023 yearly 2019 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 14.278 2024 yearly 1983 - 2024
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 25,910.884 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,636.250 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 14,897.401 2023 yearly 1995 - 2023
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 439,780.789 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 366,403.144 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 550.748 Aug 2024 monthly Jan 1981 - Aug 2024
Total Imports from USA (USD mn) 311.042 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 17.363 Aug 2024 monthly Jan 2000 - Aug 2024
Total Imports from China (USD mn) 534.479 Aug 2024 monthly Jan 2000 - Aug 2024
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Export Value Index (2015=100) 9.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 23.312 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 3.682 2025 yearly 1980 - 2025
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Money Supply M1 (USD mn) 3,349.920 Nov 2024 monthly Jan 1996 - Nov 2024
Money Supply M2 (USD mn) 3,353.660 Nov 2024 monthly Jan 1996 - Nov 2024
M2 Growth (%) 143.0 Nov 2024 monthly Jan 1997 - Nov 2024
Reserve Requirement Ratio (%) 73.0 Nov 2024 monthly Jan 2004 - Nov 2024
Foreign Exchange Reserves (USD mn) 10,414.0 Nov 2024 monthly Dec 1961 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 6.3 Aug 2024 monthly Jan 1981 - Aug 2024
Gold Reserves (USD mn) 4,497.025 Oct 2024 monthly Dec 1950 - Oct 2024
Total Deposits (USD mn) 159.256 Mar 2023 monthly Jan 2005 - Mar 2023
Total Deposits Growth (%) 344.5 Mar 2023 monthly Jan 2006 - Mar 2023
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 27.5 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans (USD mn) 881.730 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans Growth (%) 1,260.58 Mar 2023 monthly Jan 2005 - Mar 2023
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014

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