Nigeria - Oil Production
Since 2014, Nigeria Oil Production was down by 1.5% year on year. In 2019, the country was number 11 among other countries in Oil Production at 2,109.07 Thousand Barrels Per Day. Nigeria is overtaken by Brazil, which was ranked number 10 with 2,876.53 Thousand Barrels Per Day and is followed by Kazakhstan at 1,930.97 Thousand Barrels Per Day. United States lead the ranking with 17,044.6 Thousand Barrels Per Day in 2019, that is an increase of 11% compared to 2018. Saudi Arabia, Russia and Canada respectively ranked number 2, 3 and 4 in this ranking. Libya witnessed the best average annual growth at +18.9% per year, while Venezuela recorded the worst performance at -19.4% per year.
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| Date | Thousand Barrels Per Day |
|---|---|
| 2019 | 2,109.07 |
| 2018 | 2,006.55 |
| 2017 | 1,969.41 |
| 2016 | 1,899.91 |
| 2015 | 2,201.41 |
Download all data from 1965 to 2019
How does Nigeria rank in Oil Production?
| # | 49 Countries | Thousand Barrels Per Day | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
17,044.60 | 2019 | +11.0 % | +7.6 % | View data | |
| 2 |
#2
Saudi Arabia
|
11,832.32 | 2019 | -3.5 % | +0.5 % | View data | |
| 10 |
#10
Brazil
|
2,876.53 | 2019 | +7.4 % | +4.2 % | View data | |
| 11 |
#11
Nigeria
|
2,109.07 | 2019 | +5.1 % | -1.5 % | View data | |
| 12 |
#12
Kazakhstan
|
1,930.97 | 2019 | +0.2 % | +2.5 % | View data | |