Oil production, annual growth rate in Venezuela
Venezuela: Oil production, annual growth rate was 13.09 % change on previous year in 2025. ◆ Volatile
Latest (2025)
13.09 % change on previous year
Change on year
down 0.7%
World rank
13th
of 103 countries
All-time high
215.94 % change on previous year
in 1921
All-time low
-37.98 % change on previous year
in 2019
Years of data
111
1915–2025
Oil production, annual growth rate in Venezuela, 1915–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded 13.09 % change on previous year for oil production, annual growth rate in 2025.
That represents a change of down 0.7% on the previous year and up 99.1% over ten years.
Over the whole period, oil production, annual growth rate in Venezuela peaked at 215.94 % change on previous year in 1921 and was at its lowest, -37.98 % change on previous year, in 2019.
That places Venezuela 13th out of 103 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil production, annual growth rate in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1915 | 150 % change on previous year | — |
| 1916 | 100 % change on previous year | -33.3% |
| 1917 | 80 % change on previous year | -20.0% |
| 1918 | 166.67 % change on previous year | +108.3% |
| 1919 | -4.17 % change on previous year | -102.5% |
| 1920 | 50 % change on previous year | -1300.0% |
| 1921 | 215.94 % change on previous year | +331.9% |
| 1922 | 53.67 % change on previous year | -75.1% |
| 1923 | 90.75 % change on previous year | +69.1% |
| 1924 | 108.76 % change on previous year | +19.9% |
| 1925 | 116.19 % change on previous year | +6.8% |
| 1926 | 80.58 % change on previous year | -30.6% |
| 1927 | 67.72 % change on previous year | -16.0% |
| 1928 | 75.38 % change on previous year | +11.3% |
| 1929 | 29.51 % change on previous year | -60.9% |
| 1930 | 1.16 % change on previous year | -96.1% |
| 1931 | -14.32 % change on previous year | -1330.1% |
| 1932 | -0.6395 % change on previous year | -95.5% |
| 1933 | 1.19 % change on previous year | -285.8% |
| 1934 | 16.29 % change on previous year | +1270.8% |
| 1935 | 9.4 % change on previous year | -42.3% |
| 1936 | 4.33 % change on previous year | -53.9% |
| 1937 | 20.84 % change on previous year | +381.0% |
| 1938 | 1.23 % change on previous year | -94.1% |
| 1939 | 8.77 % change on previous year | +613.2% |
| 1940 | -10.12 % change on previous year | -215.4% |
| 1941 | 21.51 % change on previous year | -312.5% |
| 1942 | -35.39 % change on previous year | -264.5% |
| 1943 | 20.53 % change on previous year | -158.0% |
| 1944 | 42.46 % change on previous year | +106.8% |
| 1945 | 25.26 % change on previous year | -40.5% |
| 1946 | 20.2 % change on previous year | -20.0% |
| 1947 | 11.88 % change on previous year | -41.2% |
| 1948 | 12.67 % change on previous year | +6.7% |
| 1949 | -2.26 % change on previous year | -117.8% |
| 1950 | 13.51 % change on previous year | -698.9% |
| 1951 | 14.37 % change on previous year | +6.4% |
| 1952 | 6.25 % change on previous year | -56.5% |
| 1953 | -2.67 % change on previous year | -142.8% |
| 1954 | 7.45 % change on previous year | -378.7% |
| 1955 | 14.18 % change on previous year | +90.3% |
| 1956 | 14.27 % change on previous year | +0.6% |
| 1957 | 12.89 % change on previous year | -9.7% |
| 1958 | -6.99 % change on previous year | -154.2% |
| 1959 | 6.79 % change on previous year | -197.1% |
| 1960 | 3.12 % change on previous year | -54.0% |
| 1961 | 2.18 % change on previous year | -30.1% |
| 1962 | 9.52 % change on previous year | +336.3% |
| 1963 | 1.51 % change on previous year | -84.2% |
| 1964 | 5.01 % change on previous year | +232.8% |
| 1965 | 3.34 % change on previous year | -33.4% |
| 1966 | -2.89 % change on previous year | -186.6% |
| 1967 | 5.11 % change on previous year | -276.6% |
| 1968 | 2.04 % change on previous year | -60.1% |
| 1969 | -0.4991 % change on previous year | -124.4% |
| 1970 | 3.37 % change on previous year | -775.5% |
| 1971 | -3.73 % change on previous year | -210.7% |
| 1972 | -8.46 % change on previous year | +126.7% |
| 1973 | 4.38 % change on previous year | -151.8% |
| 1974 | -11.46 % change on previous year | -361.2% |
| 1975 | -20.89 % change on previous year | +82.3% |
| 1976 | -1.8 % change on previous year | -91.4% |
| 1977 | -2.66 % change on previous year | +48.0% |
| 1978 | -3.72 % change on previous year | +39.6% |
| 1979 | 8.88 % change on previous year | -339.1% |
| 1980 | -7.87 % change on previous year | -188.6% |
| 1981 | -3.18 % change on previous year | -59.6% |
| 1982 | -9.7 % change on previous year | +205.1% |
| 1983 | -5.19 % change on previous year | -46.5% |
| 1984 | 0.3448 % change on previous year | -106.6% |
| 1985 | -6.25 % change on previous year | -1913.0% |
| 1986 | 8.13 % change on previous year | -230.1% |
| 1987 | 1.32 % change on previous year | -83.7% |
| 1988 | 4.93 % change on previous year | +272.7% |
| 1989 | 0.4414 % change on previous year | -91.0% |
| 1990 | 11.49 % change on previous year | +2502.6% |
| 1991 | 11.48 % change on previous year | -0.0% |
| 1992 | 0.2017 % change on previous year | -98.2% |
| 1993 | 3.46 % change on previous year | +1613.7% |
| 1994 | 6.13 % change on previous year | +77.3% |
| 1995 | 7.51 % change on previous year | +22.5% |
| 1996 | 6.34 % change on previous year | -15.5% |
| 1997 | 3.84 % change on previous year | -39.5% |
| 1998 | 3.64 % change on previous year | -5.1% |
| 1999 | -10.52 % change on previous year | -388.8% |
| 2000 | 0.7692 % change on previous year | -107.3% |
| 2001 | 1.71 % change on previous year | +122.7% |
| 2002 | -6.34 % change on previous year | -470.1% |
| 2003 | -3.42 % change on previous year | -46.1% |
| 2004 | 15.38 % change on previous year | -549.9% |
| 2005 | -0.4411 % change on previous year | -102.9% |
| 2006 | 1.02 % change on previous year | -332.0% |
| 2007 | -3.16 % change on previous year | -408.8% |
| 2008 | 0.0659 % change on previous year | -102.1% |
| 2009 | -6.02 % change on previous year | -9234.9% |
| 2010 | -6.43 % change on previous year | +6.9% |
| 2011 | -2.97 % change on previous year | -53.9% |
| 2012 | -1.54 % change on previous year | -48.1% |
| 2013 | -1.11 % change on previous year | -28.1% |
| 2014 | 0.5286 % change on previous year | -147.7% |
| 2015 | 6.58 % change on previous year | +1144.2% |
| 2016 | -10.2 % change on previous year | -255.2% |
| 2017 | -14.28 % change on previous year | +39.9% |
| 2018 | -25.83 % change on previous year | +80.9% |
| 2019 | -37.98 % change on previous year | +47.0% |
| 2020 | -35.75 % change on previous year | -5.9% |
| 2021 | -1.41 % change on previous year | -96.1% |
| 2022 | 21.4 % change on previous year | -1619.7% |
| 2023 | 11.28 % change on previous year | -47.3% |
| 2024 | 13.19 % change on previous year | +16.9% |
| 2025 | 13.09 % change on previous year | -0.7% |
Venezuela compared with similar countries
- Venezuela's 13.09 % change on previous year is above the median for lower middle income countries, which is -2.82 % change on previous year. (22 countries reporting)
- Venezuela's 13.09 % change on previous year is above the median for Latin America & Caribbean, which is 0.6237 % change on previous year, 21.0× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Oil production, annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -9234.9% | 0.0659 % change on previous year | -6.02 % change on previous year |
| 1990 | +2502.6% | 0.4414 % change on previous year | 11.49 % change on previous year |
| 1985 | -1913.0% | 0.3448 % change on previous year | -6.25 % change on previous year |
| 1993 | +1613.7% | 0.2017 % change on previous year | 3.46 % change on previous year |
| 2022 | +1619.7% | -1.41 % change on previous year | 21.4 % change on previous year |
| 1931 | -1330.1% | 1.16 % change on previous year | -14.32 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 98.5 % change on previous year | -4.17 % change on previous year | 166.67 % change on previous year | 5 |
| 1920s | 88.85 % change on previous year | 29.51 % change on previous year | 215.94 % change on previous year | 10 |
| 1930s | 4.83 % change on previous year | -14.32 % change on previous year | 20.84 % change on previous year | 10 |
| 1940s | 10.67 % change on previous year | -35.39 % change on previous year | 42.46 % change on previous year | 10 |
| 1950s | 8.01 % change on previous year | -6.99 % change on previous year | 14.37 % change on previous year | 10 |
| 1960s | 2.84 % change on previous year | -2.89 % change on previous year | 9.52 % change on previous year | 10 |
| 1970s | -3.61 % change on previous year | -20.89 % change on previous year | 8.88 % change on previous year | 10 |
| 1980s | -1.7 % change on previous year | -9.7 % change on previous year | 8.13 % change on previous year | 10 |
| 1990s | 4.36 % change on previous year | -10.52 % change on previous year | 11.49 % change on previous year | 10 |
| 2000s | -0.0426 % change on previous year | -6.34 % change on previous year | 15.38 % change on previous year | 10 |
| 2010s | -9.32 % change on previous year | -37.98 % change on previous year | 6.58 % change on previous year | 10 |
| 2020s | 3.63 % change on previous year | -35.75 % change on previous year | 21.4 % change on previous year | 6 |
Countries ranked near Venezuela
- 10 Ghana 16.27 % change on previous year compare
- 11 Guyana 15.89 % change on previous year compare
- 12 Kazakhstan 13.25 % change on previous year compare
- 14 Hungary 12.31 % change on previous year compare
- 15 Brazil 12.04 % change on previous year compare
- 16 Brunei 8.02 % change on previous year compare
More energy & mining data for Venezuela
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.48 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Fuel imports 0.8% (2013)
- Ores and metals imports 1.2% (2013)
Frequently asked questions
- What is oil production, annual growth rate in Venezuela?
- Oil production, annual growth rate in Venezuela was 13.09 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest oil production, annual growth rate recorded in Venezuela?
- The highest recorded value was 215.94 % change on previous year in 1921.
- What is the lowest oil production, annual growth rate recorded in Venezuela?
- The lowest recorded value was -37.98 % change on previous year in 2019.
- How does Venezuela rank for oil production, annual growth rate?
- Venezuela ranks 13th out of 103 countries with data for 2025.
- Is oil production, annual growth rate rising or falling in Venezuela?
- Over the last ten years it is up 99.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Oil production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 111 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oil production Energy Institute – Statistical Review of World Energy (2026); Etemad & Luciani (1991); U.S. Energy Information Administration (2026) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.