| Barrels | Global Rank | |
|---|---|---|
| Oil Reserves | 2,315,000 | #95 in the world |
| Barrels per day | Global Rank | |
|---|---|---|
| Oil Production | 1,000 | #105 in the world |
| Oil Consumption | 11,001 | #159 in the world |
| Daily Deficit | −10,001 | |
| Oil Imports | 0 | |
| Oil Exports | 642 | |
| Net Exports | 642 |
See also: List of countries by Oil Reserves
Barbados holds 2,315,000 barrels of proven oil reserves in the world as of 2016, ranking #95 in the world and accounting for about 0.00014% of the world’s total oil reserves of 1,650,585,140,000.
Barbados has proven reserves equivalent to 0.6 times its annual consumption levels. This means that, without Net Exports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).
See also: List of countries by Oil Consumption
Barbados consumes 11,001 barrels per day (B/d) of oil as of the year 2016.
Barbados ranks #159 in the world for oil consumption, accounting for about 0.011% of the world’s total consumption of 97,103,871 barrels per day.
Barbados consumes 1.65 gallons of oil per capita every day (based on the 2016 population of 279,598 people), or 603 gallons per capita per year (14 barrels). [1 barrel = 42 US Gallons]
See also: List of countries by Oil Production
Barbados produces 1,000 barrels per day of oil (as of 2016) ranking #105 in the world.
Barbados produces every year an amount equivalent to 15.77% of its total proven reserves (as of 2016).