- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place.
Brazil Oil Production was 3.50 Million Barrels Daily in 2023, up 12.5% on 2022. The Oil Production dataset of Brazil from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting output trends, production levels, supply changes, industry performance, and annual market developments over the observed period.
Brazil Oil Production moved from 2.52 Million Barrels Daily in 2015 to 3.50 Million Barrels Daily in 2023 (+38.7%), an average of +4.2% a year. The series high was 3.50 Million Barrels Daily in 2023 and the low 2.52 Million Barrels Daily in 2015.
The gap between the series high (2023) and low (2015) is 0.977 Million Barrels Daily. The sharpest single-year move was +12.5% in 2023.
Among the 27 countries in this dataset, Brazil ranks 7 for 2023, behind U.S. (19.36 Million Barrels Daily) and Saudi Arabia (11.39 Million Barrels Daily). It accounts for 3.6% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
Scroll the table sideways to see all columns.
| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023Peak | 3.50 | +12.5% |
| 2022 | 3.11 | +4% |
| 2021 | 2.99 | −1.3% |
| 2020 | 3.03 | +4.8% |
| 2019 | 2.89 | +7.4% |
| 2018 | 2.69 | −1.5% |
| 2017 | 2.73 | +4.8% |
| 2016 | 2.61 | +3.2% |
| 2015 Trough | 2.53 | — |
Regional context
Oil Production by country, 2023, Million Barrels Daily. Brazil is highlighted.
Data definition
Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time.
The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
Measured in million barrels daily, the dataset reflects total oil production and serves as an important indicator of upstream activity, domestic energy supply, investment trends, resource development, and the overall performance of Brazil's petroleum sector. The dataset highlights the rapid expansion of offshore production and the increasing importance of deepwater resources in national output.
Brazil produced 2.53 million barrels daily in 2015 before rising steadily to 2.61 million in 2016 and 2.73 million in 2017. Production slightly declined to 2.69 million barrels daily in 2018 before increasing to 2.89 million in 2019 and 3.03 million in 2020. Output remained strong at 2.99 million barrels daily in 2021 before increasing further to 3.11 million in 2022 and 3.50 million in 2023, marking a significant growth phase driven by deepwater pre-salt developments, technological advancements, and sustained upstream investment.
Overall, the dataset demonstrates a strong upward production trajectory over the review period, making Brazil one of the fastest-growing oil producers globally. The growth is primarily supported by offshore exploration, enhanced recovery technologies, and continuous expansion of pre-salt reserves.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating supply trends, assessing upstream investment, supporting market analysis, forecasting future production, and enabling policymakers, researchers, investors, and industry stakeholders to develop effective energy strategies and production planning.
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Definition- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
Brazil Oil Production was 3.50 Million Barrels Daily in 2023, up 12.5% on 2022.
Brazil Oil Production moved from 2.52 Million Barrels Daily in 2015 to 3.50 Million Barrels Daily in 2023 (+38.7%), an average of +4.2% a year. The series high was 3.50 Million Barrels Daily in 2023 and the low 2.52 Million Barrels Daily in 2015.
The highest value was 3.50 Million Barrels Daily in 2023 and the lowest was 2.52 Million Barrels Daily in 2015.
Included: The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015–2023 and is reported in Million Barrels Daily.
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