Oil production in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Oil production was 665.95 terawatt-hours in 2025. ◆ Volatile

Latest (2025)
665.95 terawatt-hours
Change on year
up 13.1%
World rank
20th
of 220 countries
All-time high
2,294 terawatt-hours
in 1970
All-time low
0 terawatt-hours
in 1900
Years of data
126
1900–2025

Oil production in Venezuela, Bolivarian Republic of, 1900–2025

05001.0k1.5k2.0k2.5k190019622025

Source: 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. Measured in terawatt-hours.

Analysis

Venezuela, Bolivarian Republic of recorded 665.95 terawatt-hours for oil production in 2025.

The figure is up 13.1% on the previous year and down 61.2% over ten years.

Over the whole period, oil production in Venezuela, Bolivarian Republic of peaked at 2,294 terawatt-hours in 1970 and was at its lowest, 0 terawatt-hours, in 1900.

Venezuela, Bolivarian Republic of ranks 20th of 220 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Oil production in Venezuela, Bolivarian Republic of, year by year

Annual values for Oil production in Venezuela, Bolivarian Republic of, 1900 to 2025.
Year terawatt-hours Change
1900 0 terawatt-hours
1901 0 terawatt-hours
1902 0 terawatt-hours
1903 0 terawatt-hours
1904 0 terawatt-hours
1905 0 terawatt-hours
1906 0 terawatt-hours
1907 0 terawatt-hours
1908 0 terawatt-hours
1909 0 terawatt-hours
1910 0 terawatt-hours
1911 0 terawatt-hours
1912 0 terawatt-hours
1913 0 terawatt-hours
1914 0.0233 terawatt-hours
1915 0.0582 terawatt-hours +150.0%
1916 0.1163 terawatt-hours +100.0%
1917 0.2093 terawatt-hours +80.0%
1918 0.5582 terawatt-hours +166.7%
1919 0.535 terawatt-hours -4.2%
1920 0.8025 terawatt-hours +50.0%
1921 2.54 terawatt-hours +215.9%
1922 3.9 terawatt-hours +53.7%
1923 7.43 terawatt-hours +90.7%
1924 15.51 terawatt-hours +108.8%
1925 33.54 terawatt-hours +116.2%
1926 60.57 terawatt-hours +80.6%
1927 101.59 terawatt-hours +67.7%
1928 178.16 terawatt-hours +75.4%
1929 230.73 terawatt-hours +29.5%
1930 233.41 terawatt-hours +1.2%
1931 199.99 terawatt-hours -14.3%
1932 198.71 terawatt-hours -0.6%
1933 201.07 terawatt-hours +1.2%
1934 233.82 terawatt-hours +16.3%
1935 255.8 terawatt-hours +9.4%
1936 266.88 terawatt-hours +4.3%
1937 322.5 terawatt-hours +20.8%
1938 326.47 terawatt-hours +1.2%
1939 355.1 terawatt-hours +8.8%
1940 319.16 terawatt-hours -10.1%
1941 387.81 terawatt-hours +21.5%
1942 250.57 terawatt-hours -35.4%
1943 302.02 terawatt-hours +20.5%
1944 430.26 terawatt-hours +42.5%
1945 538.95 terawatt-hours +25.3%
1946 647.8 terawatt-hours +20.2%
1947 724.74 terawatt-hours +11.9%
1948 816.57 terawatt-hours +12.7%
1949 798.14 terawatt-hours -2.3%
1950 905.99 terawatt-hours +13.5%
1951 1,036 terawatt-hours +14.4%
1952 1,101 terawatt-hours +6.2%
1953 1,072 terawatt-hours -2.7%
1954 1,151 terawatt-hours +7.5%
1955 1,315 terawatt-hours +14.2%
1956 1,502 terawatt-hours +14.3%
1957 1,696 terawatt-hours +12.9%
1958 1,577 terawatt-hours -7.0%
1959 1,684 terawatt-hours +6.8%
1960 1,737 terawatt-hours +3.1%
1961 1,775 terawatt-hours +2.2%
1962 1,944 terawatt-hours +9.5%
1963 1,973 terawatt-hours +1.5%
1964 2,072 terawatt-hours +5.0%
1965 2,141 terawatt-hours +3.3%
1966 2,079 terawatt-hours -2.9%
1967 2,186 terawatt-hours +5.1%
1968 2,230 terawatt-hours +2.0%
1969 2,219 terawatt-hours -0.5%
1970 2,294 terawatt-hours +3.4%
1971 2,208 terawatt-hours -3.7%
1972 2,021 terawatt-hours -8.5%
1973 2,110 terawatt-hours +4.4%
1974 1,868 terawatt-hours -11.5%
1975 1,478 terawatt-hours -20.9%
1976 1,452 terawatt-hours -1.8%
1977 1,413 terawatt-hours -2.7%
1978 1,360 terawatt-hours -3.7%
1979 1,481 terawatt-hours +8.9%
1980 1,365 terawatt-hours -7.9%
1981 1,321 terawatt-hours -3.2%
1982 1,193 terawatt-hours -9.7%
1983 1,131 terawatt-hours -5.2%
1984 1,135 terawatt-hours +0.3%
1985 1,064 terawatt-hours -6.3%
1986 1,151 terawatt-hours +8.1%
1987 1,166 terawatt-hours +1.3%
1988 1,223 terawatt-hours +4.9%
1989 1,229 terawatt-hours +0.4%
1990 1,370 terawatt-hours +11.5%
1991 1,527 terawatt-hours +11.5%
1992 1,530 terawatt-hours +0.2%
1993 1,583 terawatt-hours +3.5%
1994 1,680 terawatt-hours +6.1%
1995 1,806 terawatt-hours +7.5%
1996 1,921 terawatt-hours +6.3%
1997 1,995 terawatt-hours +3.8%
1998 2,067 terawatt-hours +3.6%
1999 1,850 terawatt-hours -10.5%
2000 1,864 terawatt-hours +0.8%
2001 1,896 terawatt-hours +1.7%
2002 1,776 terawatt-hours -6.3%
2003 1,715 terawatt-hours -3.4%
2004 1,979 terawatt-hours +15.4%
2005 1,970 terawatt-hours -0.4%
2006 1,990 terawatt-hours +1.0%
2007 1,928 terawatt-hours -3.2%
2008 1,929 terawatt-hours +0.1%
2009 1,813 terawatt-hours -6.0%
2010 1,696 terawatt-hours -6.4%
2011 1,646 terawatt-hours -3.0%
2012 1,620 terawatt-hours -1.5%
2013 1,602 terawatt-hours -1.1%
2014 1,611 terawatt-hours +0.5%
2015 1,717 terawatt-hours +6.6%
2016 1,542 terawatt-hours -10.2%
2017 1,321 terawatt-hours -14.3%
2018 980.12 terawatt-hours -25.8%
2019 607.91 terawatt-hours -38.0%
2020 390.59 terawatt-hours -35.7%
2021 385.09 terawatt-hours -1.4%
2022 467.5 terawatt-hours +21.4%
2023 520.24 terawatt-hours +11.3%
2024 588.85 terawatt-hours +13.2%
2025 665.95 terawatt-hours +13.1%

Averages by decade

DecadeAverage LowestHighest Years
1900s 0 terawatt-hours 0 terawatt-hours 0 terawatt-hours 10
1910s 0.15 terawatt-hours 0 terawatt-hours 0.5582 terawatt-hours 10
1920s 63.48 terawatt-hours 0.8025 terawatt-hours 230.73 terawatt-hours 10
1930s 259.38 terawatt-hours 198.71 terawatt-hours 355.1 terawatt-hours 10
1940s 521.6 terawatt-hours 250.57 terawatt-hours 816.57 terawatt-hours 10
1950s 1,304 terawatt-hours 905.99 terawatt-hours 1,696 terawatt-hours 10
1960s 2,036 terawatt-hours 1,737 terawatt-hours 2,230 terawatt-hours 10
1970s 1,769 terawatt-hours 1,360 terawatt-hours 2,294 terawatt-hours 10
1980s 1,198 terawatt-hours 1,064 terawatt-hours 1,365 terawatt-hours 10
1990s 1,733 terawatt-hours 1,370 terawatt-hours 2,067 terawatt-hours 10
2000s 1,886 terawatt-hours 1,715 terawatt-hours 1,990 terawatt-hours 10
2010s 1,434 terawatt-hours 607.91 terawatt-hours 1,717 terawatt-hours 10
2020s 503.04 terawatt-hours 385.09 terawatt-hours 665.95 terawatt-hours 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 17 Argentina 801.49 terawatt-hours compare
  2. 18 Libya 768.29 terawatt-hours compare
  3. 19 Algeria 760.73 terawatt-hours compare
  4. 21 Angola 616.6 terawatt-hours compare
  5. 22 Oman 559.7 terawatt-hours compare
  6. 23 Colombia 458.5 terawatt-hours compare

See the full ranking of 223 places →

More energy & mining data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is oil production in Venezuela, Bolivarian Republic of?
Oil production in Venezuela, Bolivarian Republic of was 665.95 terawatt-hours in 2025, according to 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.
What is the highest oil production recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 2,294 terawatt-hours in 1970.
What is the lowest oil production recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0 terawatt-hours in 1900.
How does Venezuela, Bolivarian Republic of rank for oil production?
Venezuela, Bolivarian Republic of ranks 20th out of 220 countries with data for 2025.
Is oil production rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 61.2%. The long-run trend across the full record is volatile.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from 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, published as part of Oil production. Statizoid updates them automatically from the source API.

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Oil production in Venezuela, Bolivarian Republic of. Statizoid, drawing on 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. Retrieved 23 August 2026, from https://energy.statizoid.com/stat/oil-production-by-country/venezuela-rb/

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About this data

Indicator
Oil production
Unit
terawatt-hours
Source
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
Licence
CC BY 4.0 (Our World in Data)
Coverage
223 places, 15,469 data points, 1900–2025
Last refreshed

Measured in terawatt-hours. Includes crude oil, condensates, natural gas liquids, and other liquid fuels.