Iran - Crude Oil and Condensate Production
Since 2014, Iran Crude Oil and Condensate Production fell by 1.9% year on year. In 2019, the country was ranked number 8 comparing other countries in Crude Oil and Condensate Production with 2,980 Thousand Barrels Per Day. Iran is overtaken by United Arab Emirates, which was ranked number 7 with 3,359.78 Thousand Barrels Per Day and is followed by Brazil with 2,787.76 Thousand Barrels Per Day. United States lead the ranking with 12,231.59 Thousand Barrels Per Day in 2019, that is an increase 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 witnessed the worst performance at -20.1% per year.
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| Date | Thousand Barrels Per Day |
|---|---|
| 2019 | 2,980.00 |
| 2018 | 4,260.00 |
| 2017 | 4,470.00 |
| 2016 | 4,090.18 |
| 2015 | 3,392.22 |
How does Iran 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 | |
| 7 |
#7
United Arab Emirates
|
3,359.78 | 2019 | +1.6 % | +1.9 % | View data | |
| 8 |
#8
Iran
|
2,980.00 | 2019 | -30.1 % | -1.9 % | View data | |
| 9 |
#9
Brazil
|
2,787.76 | 2019 | +7.8 % | +4.3 % | View data | |