Australia Oil Consumption
Key information about Australia Oil Consumption
- Australia Oil Consumption was reported at 1,087.010 Barrel/Day th in Dec 2024
- This records an increase from the previous number of 1,057.834 Barrel/Day th for Dec 2023
- Australia Oil Consumption data is updated yearly, averaging 753.179 Barrel/Day th from Dec 1965 to 2024, with 60 observations
- The data reached an all-time high of 1,087.010 Barrel/Day th in 2024 and a record low of 343.872 Barrel/Day th in 1965
- Australia Oil Consumption data remains active status in CEIC and is reported by BP PLC
- The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption
View Australia's Oil Consumption from 1965 to 2024 in the chart:
What was Australia's Oil Consumption in 2024?
Australia Oil Consumption was reported at 1,087.010 Barrel/Day th in Dec 2024 See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,087.010 2024 | 1,057.834 2023 | 343.872 1965 | 1,087.010 2024 | Barrel/Day th | yearly | 1965 - 2024 |
Oil Consumption by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Barrel/Day th) | 461.429 2024 | yearly | 1965 - 2024 |
| Argentina (Barrel/Day th) | 604.335 2024 | yearly | 1965 - 2024 |
| Australia (Barrel/Day th) | 1,087.010 2024 | yearly | 1965 - 2024 |
| Austria (Barrel/Day th) | 228.164 2024 | yearly | 1965 - 2024 |
| Azerbaijan (Barrel/Day th) | 128.187 2024 | yearly | 1985 - 2024 |
| Bangladesh (Barrel/Day th) | 264.439 2024 | yearly | 1971 - 2024 |
| Belarus (Barrel/Day th) | 161.888 2024 | yearly | 1985 - 2024 |
| Belgium (Barrel/Day th) | 576.960 2024 | yearly | 1965 - 2024 |
| Brazil (Barrel/Day th) | 2,575.230 2024 | yearly | 1965 - 2024 |
| Bulgaria (Barrel/Day th) | 108.621 2024 | yearly | 1965 - 2024 |
| Canada (Barrel/Day th) | 2,333.199 2024 | yearly | 1965 - 2024 |
| Chile (Barrel/Day th) | 428.135 2024 | yearly | 1965 - 2024 |
| China (Barrel/Day th) | 16,373.508 2024 | yearly | 1965 - 2024 |
| Colombia (Barrel/Day th) | 449.047 2024 | yearly | 1965 - 2024 |
| Croatia (Barrel/Day th) | 81.166 2024 | yearly | 1990 - 2024 |
| Cyprus (Barrel/Day th) | 49.204 2024 | yearly | 1965 - 2024 |
| Czech Republic (Barrel/Day th) | 199.524 2024 | yearly | 1965 - 2024 |
| Denmark (Barrel/Day th) | 157.093 2024 | yearly | 1965 - 2024 |
| Ecuador (Barrel/Day th) | 290.275 2024 | yearly | 1965 - 2024 |
| Egypt (Barrel/Day th) | 781.742 2024 | yearly | 1965 - 2024 |
| Estonia (Barrel/Day th) | 25.931 2024 | yearly | 1985 - 2024 |
| Finland (Barrel/Day th) | 157.129 2024 | yearly | 1965 - 2024 |
| France (Barrel/Day th) | 1,359.665 2024 | yearly | 1965 - 2024 |
| Germany (Barrel/Day th) | 2,051.450 2024 | yearly | 1965 - 2024 |
| Greece (Barrel/Day th) | 298.340 2024 | yearly | 1965 - 2024 |
| Hong Kong SAR, China (Barrel/Day th) | 304.563 2024 | yearly | 1965 - 2024 |
| Hungary (Barrel/Day th) | 170.580 2024 | yearly | 1965 - 2024 |
| Iceland (Barrel/Day th) | 19.590 2024 | yearly | 1965 - 2024 |
| India (Barrel/Day th) | 5,620.537 2024 | yearly | 1965 - 2024 |
| Indonesia (Barrel/Day th) | 1,633.197 2024 | yearly | 1965 - 2024 |
| Iran (Barrel/Day th) | 1,953.251 2024 | yearly | 1965 - 2024 |
| Iraq (Barrel/Day th) | 924.799 2024 | yearly | 1965 - 2024 |
| Ireland (Barrel/Day th) | 148.713 2024 | yearly | 1965 - 2024 |
| Israel (Barrel/Day th) | 206.941 2024 | yearly | 1965 - 2024 |
| Italy (Barrel/Day th) | 1,262.476 2024 | yearly | 1965 - 2024 |
| Japan (Barrel/Day th) | 3,237.857 2024 | yearly | 1965 - 2024 |
| Kazakhstan (Barrel/Day th) | 346.257 2024 | yearly | 1985 - 2024 |
| South Korea (Barrel/Day th) | 2,891.488 2024 | yearly | 1965 - 2024 |
| Kuwait (Barrel/Day th) | 519.165 2024 | yearly | 1965 - 2024 |
| Latvia (Barrel/Day th) | 32.427 2024 | yearly | 1985 - 2024 |
| Lithuania (Barrel/Day th) | 64.087 2024 | yearly | 1985 - 2024 |
| Luxembourg (Barrel/Day th) | 48.152 2024 | yearly | 1965 - 2024 |
| North Macedonia (Barrel/Day th) | 24.487 2024 | yearly | 1990 - 2024 |
| Malaysia (Barrel/Day th) | 934.378 2024 | yearly | 1965 - 2024 |
| Mexico (Barrel/Day th) | 1,853.303 2024 | yearly | 1965 - 2024 |
| Morocco (Barrel/Day th) | 315.808 2024 | yearly | 1965 - 2024 |
| Netherlands (Barrel/Day th) | 784.681 2024 | yearly | 1965 - 2024 |
| New Zealand (Barrel/Day th) | 158.146 2024 | yearly | 1965 - 2024 |
| Norway (Barrel/Day th) | 222.179 2024 | yearly | 1965 - 2024 |
| Oman (Barrel/Day th) | 217.435 2024 | yearly | 1965 - 2024 |
| Pakistan (Barrel/Day th) | 423.803 2024 | yearly | 1965 - 2024 |
| Peru (Barrel/Day th) | 279.589 2024 | yearly | 1965 - 2024 |
| Philippines (Barrel/Day th) | 486.641 2024 | yearly | 1965 - 2024 |
| Poland (Barrel/Day th) | 704.662 2024 | yearly | 1965 - 2024 |
| Portugal (Barrel/Day th) | 213.117 2024 | yearly | 1965 - 2024 |
| Qatar (Barrel/Day th) | 397.280 2024 | yearly | 1965 - 2024 |
| Romania (Barrel/Day th) | 242.204 2024 | yearly | 1965 - 2024 |
| Russia (Barrel/Day th) | 3,846.333 2024 | yearly | 1985 - 2024 |
| Saudi Arabia (Barrel/Day th) | 3,958.601 2024 | yearly | 1965 - 2024 |
| Singapore (Barrel/Day th) | 1,491.949 2024 | yearly | 1965 - 2024 |
| Slovakia (Barrel/Day th) | 85.275 2024 | yearly | 1965 - 2024 |
| Slovenia (Barrel/Day th) | 45.177 2024 | yearly | 1990 - 2024 |
| South Africa (Barrel/Day th) | 466.576 2024 | yearly | 1965 - 2024 |
| Spain (Barrel/Day th) | 1,269.900 2024 | yearly | 1965 - 2024 |
| Sri Lanka (Barrel/Day th) | 115.513 2024 | yearly | 1965 - 2024 |
| Sweden (Barrel/Day th) | 248.680 2024 | yearly | 1965 - 2024 |
| Switzerland (Barrel/Day th) | 188.016 2024 | yearly | 1965 - 2024 |
| Taiwan (Barrel/Day th) | 823.928 2024 | yearly | 1965 - 2024 |
| Thailand (Barrel/Day th) | 1,252.798 2024 | yearly | 1965 - 2024 |
| Trinidad and Tobago (Barrel/Day th) | 33.237 2024 | yearly | 1965 - 2024 |
| Turkey (Barrel/Day th) | 1,162.458 2024 | yearly | 1965 - 2024 |
| Turkmenistan (Barrel/Day th) | 162.412 2024 | yearly | 1985 - 2024 |
| Ukraine (Barrel/Day th) | 205.977 2024 | yearly | 1985 - 2024 |
| United Arab Emirates (Barrel/Day th) | 1,183.303 2024 | yearly | 1965 - 2024 |
| United Kingdom (Barrel/Day th) | 1,325.100 2024 | yearly | 1965 - 2024 |
| United States (Barrel/Day th) | 18,995.005 2024 | yearly | 1965 - 2024 |
| Uzbekistan (Barrel/Day th) | 137.304 2024 | yearly | 1985 - 2024 |
| Venezuela (Barrel/Day th) | 325.104 2024 | yearly | 1965 - 2024 |
| Vietnam (Barrel/Day th) | 706.872 2024 | yearly | 1965 - 2024 |
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 Sep 2025 | quarterly | Jun 2003 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -11,179.706 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Tax Revenue (USD mn) | 144,934.251 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Tax Revenue: % of GDP (%) | 28.0 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| National Government Debt (USD mn) | 685,976.3 2024 | yearly | 1999 - 2024 |
| Government Debt: % of GDP (%) | 38.3 2024 | yearly | 1999 - 2024 |
| Forecast: Government Expenditure (AUD bn) | 1,343.987 2030 | yearly | 1988 - 2030 |
| Forecast: Government Net Debt (AUD bn) | 1,762.752 2030 | yearly | 1989 - 2030 |
| Forecast: Government Revenue (AUD bn) | 1,288.528 2030 | yearly | 1988 - 2030 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jun 2025 | quarterly | Jun 2004 - Jun 2025 |
| Household Debt: % of GDP (%) | 120.3 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Non-Performing Loans (USD mn) | 34,137.204 Jun 2025 | quarterly | Sep 1994 - Jun 2025 |
| Money Supply M1 (USD mn) | 1,253,737.709 Oct 2025 | monthly | Feb 1975 - Oct 2025 |
| Money Supply M2 (USD mn) | 2,176,425.868 Oct 2025 | monthly | Mar 1965 - Oct 2025 |
| M2 Growth (%) | 7.1 Oct 2025 | monthly | Mar 1966 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 42,906.4 Nov 2025 | monthly | Jul 1969 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 2.270 Sep 2025 | quarterly | Sep 1969 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 Sep 2025 | monthly | Jul 1971 - Sep 2025 |
| Gold Reserves (USD mn) | 10,119.564 Nov 2025 | monthly | Jan 1958 - Nov 2025 |
| Total Deposits (USD mn) | 2,861,383.344 Jun 2025 | quarterly | Sep 2004 - Jun 2025 |
| Total Deposits Growth (%) | 7.6 Jun 2025 | quarterly | Sep 2005 - Jun 2025 |
| Domestic Credit (USD mn) | 3,883,575.9 Sep 2025 | monthly | Dec 2001 - Sep 2025 |
| Domestic Credit Growth (%) | 3.6 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| Debt Service Ratio: Households (%) | 16.300 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 20.800 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 2,058.196 Jun 2025 | quarterly | Dec 1977 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 3,175.293 Jun 2025 | quarterly | Mar 1971 - Jun 2025 |
| Household Debt (USD mn) | 2,192,250.0 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Total Loans (USD mn) | 2,606,098.763 Oct 2025 | monthly | Sep 1976 - Oct 2025 |
| Total Loans Growth (%) | 7.28 Oct 2025 | monthly | Sep 1977 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 128.38 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Money Supply: sa: M3 (AUD bn) | 3,324.818 Oct 2025 | monthly | Mar 1965 - Oct 2025 |
| Money Supply: sa: M1 (AUD bn) | 1,915.273 Oct 2025 | monthly | Feb 1975 - Oct 2025 |
| Money Supply: M3 (AUD bn) | 3,332.381 Oct 2025 | monthly | Jul 1959 - Oct 2025 |
| Official Reserve Assets: Total: in USD (USD mn) | 72,211.000 Nov 2025 | monthly | Jul 1969 - Nov 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 138.651 Nov 2025 | monthly | Jan 1997 - Nov 2025 |
| Geopolitical Risk Index (%) | 0.049 Nov 2025 | monthly | Jan 1985 - Nov 2025 |
| Exports: % of GDP (%) | 25.685 2023 | yearly | 2001 - 2023 |
| Imports: % of GDP (%) | 21.778 2023 | yearly | 2001 - 2023 |
| Business Confidence Growth (% Point) | 1.0 Oct 2025 | monthly | Jul 2013 - Oct 2025 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 57.400 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
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