Angola Oil

Summary Table

Barrels Global Rank
Oil Reserves 8,423,000,000 #18 in the world
Barrels per dayGlobal Rank
Oil Production 1,796,743 #16 in the world
Oil Consumption 133,000 #71 in the world
Daily Surplus +1,663,743
Oil Imports 0
Oil Exports 1,681,354
Net Exports 1,681,354
(Data shown in the table is for 2016, the latest year with complete data in all categories)

Oil Reserves in Angola

See also: List of countries by Oil Reserves

Angola holds 8,423,000,000 barrels of proven oil reserves in the world as of 2016, ranking #18 in the world and accounting for about 0.51% of the world’s total oil reserves of 1,650,585,140,000.

Angola has proven reserves equivalent to 173.5 times its annual consumption levels. This means that, without Net Exports, there would be about 174 years of oil left (at current consumption levels and excluding unproven reserves).


Oil Reserves
8,423,000,000 barrels
Global Rank: #18 | Share of World: 0.51%
174 years of oil left
(at current consumption levels)

History of Oil Reserves in Angola


Oil Consumption in Angola

See also: List of countries by Oil Consumption

  • Angola consumes 133,000 barrels per day (B/d) of oil as of the year 2016.

  • Angola ranks #71 in the world for oil consumption, accounting for about 0.14% of the world’s total consumption of 97,103,871 barrels per day.

  • Angola consumes 0.19 gallons of oil per capita every day (based on the 2016 population of 29,183,070 people), or 70 gallons per capita per year (2 barrels). [1 barrel = 42 US Gallons]

Oil Production in Angola

See also: List of countries by Oil Production

  • Angola produces 1,796,743 barrels per day of oil (as of 2016) ranking #16 in the world.

  • Angola produces every year an amount equivalent to 7.79% of its total proven reserves (as of 2016).

Oil Exports

  • Angola exports 94% of its oil production (1,681,354 barrels per day in 2016).

History of Oil Consumption and Production


See also

Sources