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)
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% |