Trinidad and Tobago - Oil Production
Since 2014, Trinidad and Tobago Oil Production fell by 6.4% year on year. In 2019, the country was ranked number 45 among other countries in Oil Production with 82.22 Thousand Barrels Per Day. Trinidad and Tobago is overtaken by Italy, which was number 44 at 88.75 Thousand Barrels Per Day and is followed by Romania with 74.82 Thousand Barrels Per Day. United States ranked the highest 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 | 82.22 |
| 2018 | 87.32 |
| 2017 | 98.69 |
| 2016 | 96.66 |
| 2015 | 108.75 |
How does Trinidad and Tobago 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 | |
| 44 |
#44
Italy
|
88.75 | 2019 | -8.7 % | -5.8 % | View data | |
| 45 |
#45
Trinidad and Tobago
|
82.22 | 2019 | -5.8 % | -6.3 % | View data | |
| 46 |
#46
Romania
|
74.81 | 2019 | +0.3 % | -2.4 % | View data | |