South Korea Oil

Summary Table

  Barrels Global Rank
Oil Reserves
0 N.A.

  Barrels per Day Global Rank
108,419 47th in the world
2,605,440 8th in the world
Daily Deficit
Oil Imports
Oil Exports
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Consumption in South Korea

See also: List of countries by Oil Consumption

  • South Korea consumes 2,605,440 barrels per day (B/d) of oil as of the year 2016.
  • South Korea ranks 8th in the world for oil consumption, accounting for about 2.7% of the world's total consumption of 97,103,871 barrels per day.
  • South Korea consumes 2.15 gallons of oil per capita every day (based on the 2016 population of 50,983,457 people), or 783 gallons per capita per year (19 barrels). [1 barrel = 42 US Gallons]

Oil Imports

  • South Korea imports 113% of its oil consumption (2,946,047 barrels per day in 2016).

History of Oil Consumption and Production

See also