Venezuela: Oil production
* indicates monthly or quarterly data series
| Venezuela |
Oil production, thousand barrels per day |
|---|---|
| Latest value | 972.62 |
| Year | 2025 |
| Measure | thousand Barrels Per Day |
| Data availability | 1973 - 2025 |
| Average | 2,174.76 |
| Min - Max | 527.06 - 3,365.99 |
| Source | The U.S. Energy Information Agency |
| Available for | Data download |
The latest value from 2025 is 972.62 thousand Barrels Per Day, an increase from 863.47 thousand Barrels Per Day in 2024. In comparison, the world average is 443.38 thousand Barrels Per Day, based on data from 190 countries. Historically, the average for Venezuela from 1973 to 2025 is 2174.76 thousand Barrels Per Day. The minimum value, 527.06 thousand Barrels Per Day, was reached in 2020 while the maximum of 3365.99 thousand Barrels Per Day was recorded in 1973.
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* indicates monthly or quarterly data series
| Recent values | Venezuela: Oil production |
|---|---|
| 2025 | 972.62 |
| 2024 | 863.47 |
| 2023 | 770.51 |
| 2022 | 723.66 |
| 2021 | 594.81 |
| 2020 | 527.06 |
| 2019 | 877.67 |
| 2018 | 1,485.62 |
Definition: Oil production, thousand barrels per day
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Oil production | 972.62 | 2025 | thousand Barrels Per Day |
| Diesel and heating oil consumption | 91.81 | 2024 | thousand barrels per day |
| Gasoline consumption | 89.85 | 2024 | thousand barrels per day |
| LPG consumption | 11.51 | 2024 | thousand barrels per day |
| Jet fuel consumption | 14.81 | 2024 | thousand barrels per day |
| Coal reserves | 805.79 | 2023 | million short tons |
| Coal production | 346.93 | 2024 | thousand short tons |
| Coal consumption | 6.36 | 2024 | thousand short tons |
| Coal imports | 0.04 | 2024 | thousand short tons |
| Coal exports | 88.86 | 2024 | thousand short tons |
| Electricity production capacity | 35.80 | 2024 | million kilowatts |
| Electricity production | 80.13 | 2024 | billion kilowatthours |
| Electricity consumption | 63.35 | 2024 | billion kilowatthours |
| Electricity imports | 0.00 | 2024 | billion kilowatthours |
| Electricity exports | 0.00 | 2024 | billion kilowatthours |
| Renewable power capacity | 17.05 | 2024 | million kilowatts |
| Renewable power generation | 73.03 | 2024 | billion kilowatthours |
| Natural gas production | 0.976 | 2024 | quadrillion Btu |
| Natural gas consumption | 0.976 | 2024 | quadrillion Btu |
| Biofuels production | 0.00 | 2019 | thousand barrels per day |
| Biofuels consumption | 0.000 | 2019 | thousand barrels per day |
| Primary energy production | 3.218 | 2024 | quadrillion Btu |
| Primary energy consumption | 1.698 | 2024 | quadrillion Btu |
| Biodiesel production | 0.000 | 2019 | thousand barrels per day |
| Biodiesel consumption | 0.000 | 2019 | thousand barrels per day |