Venezuela Oil Consumption
1965 - 2023 | Yearly | Barrel/Day th | BP PLC
Key information about Venezuela Oil Consumption
- Venezuela Oil Consumption was reported at 396.384 Barrel/Day th in Dec 2023
- This records an increase from the previous number of 310.269 Barrel/Day th for Dec 2022
- Venezuela Oil Consumption data is updated yearly, averaging 427.925 Barrel/Day th from Dec 1965 to 2023, with 59 observations
- The data reached an all-time high of 868.968 Barrel/Day th in 2013 and a record low of 181.469 Barrel/Day th in 1966
- Venezuela 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 Venezuela's Oil Consumption from 1965 to 2023 in the chart:
What was Venezuela's Oil Consumption in 2023?
Venezuela Oil Consumption was reported at 396.384 Barrel/Day th in Dec 2023 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 396.384 2023 | 310.269 2022 | 181.469 1966 | 868.968 2013 | 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 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doVenezuela 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: 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: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| 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: Chemical Product (USD mn) | 1,016.192 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Colombia (USD mn) | 1,758.351 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Mineral (USD mn) | 1,074.772 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: Germany (USD mn) | 862.891 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: China (USD mn) | 4,614.360 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: 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: Financial Account (USD mn) | -1,617.000 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: Current Account: Goods (USD mn) | 5,680.000 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: Current Account: Income (USD mn) | -1,975.000 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: Direct Investment (USD mn) | -129.000 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: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 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 |
| International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Liabilities (USD mn) | 110,250.000 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 |
More Indicators for Venezuela
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.