Azerbaijan - Crude Oil and Condensate Production
Since 2014, Azerbaijan Crude Oil and Condensate Production decreased by 2.2% year on year. In 2019, the country was ranked number 23 comparing other countries in Crude Oil and Condensate Production with 761.61 Thousand Barrels Per Day. Azerbaijan is overtaken by Venezuela, which was ranked number 22 with 838.67 Thousand Barrels Per Day and is followed by Indonesia with 745.14 Thousand Barrels Per Day. United States lead the ranking with 12,231.59 Thousand Barrels Per Day in 2019, a growth of 11.3% compared to 2018. Russia, Saudi Arabia and Iraq respectively ranked number 2, 3 and 4 in this ranking. Libya witnessed the best average annual growth at +18.7% per year, while Venezuela recorded the worst performance at -20.1% per year.
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| Date | Thousand Barrels Per Day |
|---|---|
| 2019 | 761.61 |
| 2018 | 783.33 |
| 2017 | 781.41 |
| 2016 | 826.40 |
| 2015 | 840.02 |
How does Azerbaijan rank in Crude Oil and Condensate Production?
| # | 49 Countries | Thousand Barrels Per Day | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
12,231.59 | 2019 | +11.3 % | +6.8 % | View data | |
| 2 |
#2
Russia
|
11,291.64 | 2019 | +0.8 % | +1.3 % | View data | |
| 22 |
#22
Venezuela
|
838.67 | 2019 | -39.5 % | -20.1 % | View data | |
| 23 |
#23
Azerbaijan
|
761.61 | 2019 | -2.8 % | -2.1 % | View data | |
| 24 |
#24
Indonesia
|
745.14 | 2019 | -3.5 % | -1.1 % | View data | |