Venezuela - Crude Oil and Condensate Production
Since 2014, Venezuela Crude Oil and Condensate Production was down by 20.1% year on year. With 838.67 Thousand Barrels Per Day in 2019, the country was ranked number 22 among other countries in Crude Oil and Condensate Production. Venezuela is overtaken by Colombia, which was number 21 with 885.83 Thousand Barrels Per Day and is followed by Azerbaijan at 761.61 Thousand Barrels Per Day. United States lead the ranking with 12,231.59 Thousand Barrels Per Day in 2019, 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 was the worst growing country at -20.1% per year.
Loading...
| Date | Thousand Barrels Per Day |
|---|---|
| 2019 | 838.67 |
| 2018 | 1,386.25 |
| 2017 | 1,992.04 |
| 2016 | 2,242.00 |
| 2015 | 2,513.86 |
How does Venezuela 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 | |
| 21 |
#21
Colombia
|
885.83 | 2019 | +2.4 % | -2.2 % | 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 | |