Ecuador Oil

Summary Table

Barrels Global Rank
Oil Reserves 8,273,000,000 #19 in the world
Barrels per dayGlobal Rank
Oil Production 548,379 #28 in the world
Oil Consumption 259,000 #47 in the world
Daily Surplus +289,379
Oil Imports 0
Oil Exports 414,675
Net Exports 414,675
(Data shown in the table is for 2016, the latest year with complete data in all categories)

Oil Reserves in Ecuador

See also: List of countries by Oil Reserves

Ecuador holds 8,273,000,000 barrels of proven oil reserves in the world as of 2016, ranking #19 in the world and accounting for about 0.50% of the world’s total oil reserves of 1,650,585,140,000.

Ecuador has proven reserves equivalent to 87.5 times its annual consumption levels. This means that, without Net Exports, there would be about 88 years of oil left (at current consumption levels and excluding unproven reserves).


Oil Reserves
8,273,000,000 barrels
Global Rank: #19 | Share of World: 0.50%
88 years of oil left
(at current consumption levels)

History of Oil Reserves in Ecuador


Oil Consumption in Ecuador

See also: List of countries by Oil Consumption

  • Ecuador consumes 259,000 barrels per day (B/d) of oil as of the year 2016.

  • Ecuador ranks #47 in the world for oil consumption, accounting for about 0.27% of the world’s total consumption of 97,103,871 barrels per day.

  • Ecuador consumes 0.66 gallons of oil per capita every day (based on the 2016 population of 16,505,139 people), or 241 gallons per capita per year (6 barrels). [1 barrel = 42 US Gallons]

Oil Production in Ecuador

See also: List of countries by Oil Production

  • Ecuador produces 548,379 barrels per day of oil (as of 2016) ranking #28 in the world.

  • Ecuador produces every year an amount equivalent to 2.42% of its total proven reserves (as of 2016).

Oil Exports

  • Ecuador exports 76% of its oil production (414,675 barrels per day in 2016).

History of Oil Consumption and Production


See also

Sources