Venezuela - Total Crude Oil Production
Since 2014, Venezuela Total Crude Oil Production fell by 5% year on year. In 2019, the country was ranked number 11 among other countries in Total Crude Oil Production with 116,462.82 Thousand Tonnes Of Oil Equivalent. Venezuela is overtaken by Brazil, which was ranked number 10 at 142,608.32 Thousand Tonnes Of Oil Equivalent and is followed by Mexico with 100,027.18 Thousand Tonnes Of Oil Equivalent. Russia lead the ranking with 537,256.25 Thousand Tonnes Of Oil Equivalent in 2019, a growth of 1% versus 2018. Saudi Arabia, United States and Iraq respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +17.2% per year, while Syria was the worst growing country at -34.2% per year.
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| Date | Thousand Tonnes Of Oil Equivalent |
|---|---|
| 2019 | 116,462.82 |
| 2018 | 119,821.41 |
| 2017 | 117,662.26 |
| 2016 | 134,000.71 |
| 2015 | 149,089.01 |
How does Venezuela rank in Total Crude Oil Production?
| # | 89 Countries | Thousand Tonnes Of Oil Equivalent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
537,256.25 | 2019 | +1.0 % | +1.2 % | View data | |
| 2 |
#2
Saudi Arabia
|
526,612.20 | 2019 | +1.0 % | +1.4 % | View data | |
| 10 |
#10
Brazil
|
142,608.32 | 2019 | +2.7 % | +4.1 % | View data | |
| 11 |
#11
Venezuela
|
116,462.82 | 2019 | -2.8 % | -5.0 % | View data | |
| 12 |
#12
Mexico
|
100,027.18 | 2019 | -3.7 % | -5.7 % | View data | |