Oil consumption in Venezuela

Venezuela: Oil consumption was 176.87 terawatt-hours in 2025. ▲ Rising

Latest (2025)
176.87 terawatt-hours
Change on year
down 0.8%
World rank
44th
of 220 countries
All-time high
489.14 terawatt-hours
in 2013
All-time low
110.11 terawatt-hours
in 1966
Years of data
61
1965–2025

Oil consumption in Venezuela, 1965–2025

100200300400500196519952025

Source: Energy Institute – Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data. Measured in terawatt-hours.

Analysis

The most recent figure for oil consumption in Venezuela is 176.87 terawatt-hours, measured in 2025.

The figure is down 0.8% on the previous year and down 55.2% over ten years.

Over the whole period, oil consumption in Venezuela peaked at 489.14 terawatt-hours in 2013 and was at its lowest, 110.11 terawatt-hours, in 1966.

That places Venezuela 44th out of 220 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 61 years of available data.

Oil consumption in Venezuela, year by year

Annual values for Oil consumption in Venezuela, 1965 to 2025.
Year terawatt-hours Change
1965 112.02 terawatt-hours —
1966 110.11 terawatt-hours -1.7%
1967 112.34 terawatt-hours +2.0%
1968 122.37 terawatt-hours +8.9%
1969 120.9 terawatt-hours -1.2%
1970 126.48 terawatt-hours +4.6%
1971 127.67 terawatt-hours +0.9%
1972 139.25 terawatt-hours +9.1%
1973 152.89 terawatt-hours +9.8%
1974 153.04 terawatt-hours +0.1%
1975 163.23 terawatt-hours +6.7%
1976 162.09 terawatt-hours -0.7%
1977 181.66 terawatt-hours +12.1%
1978 190.13 terawatt-hours +4.7%
1979 203.99 terawatt-hours +7.3%
1980 246.93 terawatt-hours +21.0%
1981 261.64 terawatt-hours +6.0%
1982 258.58 terawatt-hours -1.2%
1983 252.51 terawatt-hours -2.3%
1984 236.95 terawatt-hours -6.2%
1985 242.41 terawatt-hours +2.3%
1986 252.81 terawatt-hours +4.3%
1987 240.26 terawatt-hours -5.0%
1988 248.76 terawatt-hours +3.5%
1989 242.61 terawatt-hours -2.5%
1990 245 terawatt-hours +1.0%
1991 232.82 terawatt-hours -5.0%
1992 277.84 terawatt-hours +19.3%
1993 250.98 terawatt-hours -9.7%
1994 280.14 terawatt-hours +11.6%
1995 269.94 terawatt-hours -3.6%
1996 219.44 terawatt-hours -18.7%
1997 237.4 terawatt-hours +8.2%
1998 221.14 terawatt-hours -6.9%
1999 247.99 terawatt-hours +12.1%
2000 274.54 terawatt-hours +10.7%
2001 310.39 terawatt-hours +13.1%
2002 326.45 terawatt-hours +5.2%
2003 277.98 terawatt-hours -14.8%
2004 299.71 terawatt-hours +7.8%
2005 323.67 terawatt-hours +8.0%
2006 349.99 terawatt-hours +8.1%
2007 366.59 terawatt-hours +4.7%
2008 405.99 terawatt-hours +10.7%
2009 426.13 terawatt-hours +5.0%
2010 429.24 terawatt-hours +0.7%
2011 444.87 terawatt-hours +3.6%
2012 482.15 terawatt-hours +8.4%
2013 489.14 terawatt-hours +1.5%
2014 452.42 terawatt-hours -7.5%
2015 395.11 terawatt-hours -12.7%
2016 342.98 terawatt-hours -13.2%
2017 295.5 terawatt-hours -13.8%
2018 239.88 terawatt-hours -18.8%
2019 233.22 terawatt-hours -2.8%
2020 131.45 terawatt-hours -43.6%
2021 143.23 terawatt-hours +9.0%
2022 168.24 terawatt-hours +17.5%
2023 204.5 terawatt-hours +21.6%
2024 178.37 terawatt-hours -12.8%
2025 176.87 terawatt-hours -0.8%

Venezuela compared with similar countries

  • Venezuela's 176.87 terawatt-hours is above the median for lower middle income countries, which is 22.87 terawatt-hours, 7.7× the median. (47 countries reporting)
  • Venezuela's 176.87 terawatt-hours is above the median for Latin America & Caribbean, which is 26.44 terawatt-hours, 6.7× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 115.55 terawatt-hours 110.11 terawatt-hours 122.37 terawatt-hours 5
1970s 160.04 terawatt-hours 126.48 terawatt-hours 203.99 terawatt-hours 10
1980s 248.35 terawatt-hours 236.95 terawatt-hours 261.64 terawatt-hours 10
1990s 248.27 terawatt-hours 219.44 terawatt-hours 280.14 terawatt-hours 10
2000s 336.14 terawatt-hours 274.54 terawatt-hours 426.13 terawatt-hours 10
2010s 380.45 terawatt-hours 233.22 terawatt-hours 489.14 terawatt-hours 10
2020s 167.11 terawatt-hours 131.45 terawatt-hours 204.5 terawatt-hours 6

Countries ranked near Venezuela

  1. 41 Kazakhstan 217.19 terawatt-hours compare
  2. 42 Hong Kong 189.47 terawatt-hours compare
  3. 43 Qatar 178.66 terawatt-hours compare
  4. 45 Morocco 176.47 terawatt-hours compare
  5. 46 Greece 176.05 terawatt-hours compare
  6. 47 Bangladesh 169.1 terawatt-hours compare

See the full ranking of 222 places →

More energy & mining data for Venezuela

All data for Venezuela →

Frequently asked questions

What is oil consumption in Venezuela?
Oil consumption in Venezuela was 176.87 terawatt-hours in 2025, according to Energy Institute – Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data.
What is the highest oil consumption recorded in Venezuela?
The highest recorded value was 489.14 terawatt-hours in 2013.
What is the lowest oil consumption recorded in Venezuela?
The lowest recorded value was 110.11 terawatt-hours in 1966.
How does Venezuela rank for oil consumption?
Venezuela ranks 44th out of 220 countries with data for 2025.
Is oil consumption rising or falling in Venezuela?
Over the last ten years it is down 55.2%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from Energy Institute – Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data, published as part of Oil consumption. Statizoid updates them automatically from the source API.

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Oil consumption in Venezuela. Statizoid, drawing on Energy Institute – Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data. Retrieved 15 October 2026, from https://energy.statizoid.com/stat/oil-consumption-by-country/venezuela-rb/

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About this data

Indicator
Oil consumption
Unit
terawatt-hours
Source
Energy Institute – Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
222 places, 10,699 data points, 1965–2025
Last refreshed

Measured in terawatt-hours. Includes refined petroleum products and other liquid fuels.