Global Oil Consumption

Updated on 08.25.2022

Middle School

Life and earth sciences

5 min read

World oil consumption is increasing again, after the global economic slowdown caused by the Covid pandemic. But it has not yet reached the level of previous years and is 3% lower than in 2019. The United States, China and India are the largest oil consumers (over 40% of the total global consumption).

Global Oil Consumption (in thousands of barrels/day)

Source: BP Statistical Review 2022
Country	2020	2021	2020-2021 Change	Share of Global Consumption
United States	17183	18684	8,0%	19,9%
China	14408	15442	6,7%	16,4%
India	4701	4878	3,6%	5,2%
Saudi Arabia	3552	3595	1,2%	3,8%
Russia	3210	3407	5,8%	3,6%
Japan	3269	3341	2,2%	3,6%
South Korea	2630	2813	6,5%	3,0%
Brazil	2134	2252	5,2%	2,4%
Canada	2191	2229	1,7%	2,4%
Germany	2049	2045	-0,2%	2,2%
Iran	1673	1690	1,0%	1,8%
Indonesia	1398	1471	5,0%	1,6%
France	1307	1424	8,2%	1,5%
Rest of the World	29040	30816	5,8%	32,75%
Total World	88746	94088	5,7%	100,00%