Summary Table(Data shown is for 2016, the latest year with complete data in all categoreies)
Oil Reserves in Brazil
See also: List of countries by Oil Reserves
Brazil holds 16,184,100,000 barrels of proven oil reserves as of 2016, ranking 15th in the world and accounting for about
1.0% of the world's total oil reserves of 1,650,585,140,000 barrels.
Brazil has proven reserves equivalent to 14.9 times its annual consumption. This means that, without Net Exports, there would be about 15 years of oil left (at current consumption levels and excluding unproven reserves).
Global Rank: 15th
| Share of World: 0.98 %
15 years of oil left
(at current consumption levels)
History of Oil Reserves in Brazil
Oil Consumption in Brazil
See also: List of countries by Oil Consumption
- Brazil consumes 2,984,000 barrels per day (B/d) of oil as of the year 2016.
- Brazil ranks 7th in the world for oil consumption, accounting for about 3.1% of the world's total consumption of 97,103,871 barrels per day.
- Brazil consumes 0.61 gallons of oil per capita every day (based on the 2016 population of 206,163,053 people), or 222 gallons per capita per year (5 barrels). [1 barrel = 42 US Gallons]
Oil Production in Brazil
See also: List of countries by Oil Production
- Brazil produces
3,242,957.84 barrels per day of oil (as of 2016) ranking 9th in the world.
- Brazil produces every year an amount equivalent to 7.3% of its total proven reserves (as of 2016).
- Brazil exports 20% of its oil production (655,121 barrels per day in 2016).
History of Oil Consumption and Production