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Energy & Power🇨🇱 Chile

Chile Oil Consumption

- Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes.

Chile Oil ConsumptionThousand Barrels Daily · 2015–2023

4504003503002015: 340Trough2016: 3592017: 3662018: 3792019: 3782020: 3462021: 3802022: 4112023: 416Peak20152017201920212023
Source: energyinst.orgLast updated: June 2026

What Chile Oil Consumption shows

Chile Oil Consumption was 416 Thousand Barrels Daily in 2023, up 1.2% on 2022. The Oil Consumption dataset of Chile from 2015 to 2023 provides a comprehensive overview of the country's oil consumption, highlighting demand trends, consumption levels, supply patterns, and overall industry performance throughout the review period.

Trend

Rising to a series high

Chile Oil Consumption moved from 340 Thousand Barrels Daily in 2015 to 416 Thousand Barrels Daily in 2023 (+22.4%), an average of +2.6% a year. The series high was 416 Thousand Barrels Daily in 2023 and the low 340 Thousand Barrels Daily in 2015.

Volatility

A 18.3% peak-to-trough swing

The gap between the series high (2023) and low (2015) is 76.00 Thousand Barrels Daily. The sharpest single-year move was +9.8% in 2021.

Structure

Ranks 36 of 46 countries covered

Among the 46 countries in this dataset, Chile ranks 36 for 2023, behind U.S. (18,984 Thousand Barrels Daily) and China (16,577 Thousand Barrels Daily). It accounts for 0.4% of the global total in 2023.

Full series

Chile Oil Consumption by year

Complete annual series with year-on-year change. Values are reported in Thousand Barrels Daily.

Scroll the table sideways to see all columns.

Chile Oil Consumption, 2015–2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023Peak 416 +1.2%
2022 411 +8.2%
2021 380 +9.8%
2020 346 −8.5%
2019 378 −0.3%
2018 379 +3.6%
2017 366 +1.9%
2016 359 +5.6%
2015 Trough340 —

Regional context

How Chile compares in South and Central America

Oil Consumption by country, 2023, Thousand Barrels Daily. Chile is highlighted.

1Brazil
2,567
2Argentina
690
3Colombia
484
4Chile
416
5Venezuela
396

Data definition

Inclusions and exclusions

Oil Consumption — - Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.

Inclusions

The data includes the domestic consumption of major petroleum products, including gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other refined oil products used across transportation, industrial, residential, commercial, agricultural, and power generation sectors. It covers both energy-related use and certain non-energy uses of petroleum products, such as feedstocks for petrochemical manufacturing where included in national energy balances. The indicator reflects total petroleum demand within a country regardless of whether the oil is produced domestically or imported. Data is compiled from national energy statistics, refinery reports, trade data, and standardized international energy databases, enabling consistent comparison of oil consumption trends across countries and over time.

Exclusions

The data excludes crude oil production, crude oil reserves, refinery throughput, and petroleum exports. It does not include consumption of natural gas, coal, nuclear energy, electricity, or renewable energy sources unless they are derived from petroleum products. The indicator excludes upstream oil extraction activities and does not directly measure fuel efficiency, carbon emissions, energy affordability, or the quality of energy services. Inventory changes, strategic petroleum reserves, and stock movements may be treated separately depending on the reporting methodology. Minor variations may occur due to differences in national accounting practices, product classifications, and estimation methods used across countries.

About this indicator

Oil Consumption — - Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.

Measured in thousand barrels daily, the dataset serves as an important indicator of energy demand, transportation fuel consumption, industrial activity, and the performance of Chile's oil market. It enables assessment of long-term consumption patterns, market dynamics, and changes in petroleum demand across major consuming sectors, supporting analysis of the country's evolving energy landscape and economic growth.

Chile's oil consumption increased steadily from 340 thousand barrels daily in 2015 to 359 thousand in 2016, 366 thousand in 2017, 379 thousand in 2018, and 378 thousand barrels daily in 2019, reflecting strengthening domestic fuel demand. Consumption declined to 346 thousand barrels daily in 2020, primarily due to reduced transportation activity and temporary economic disruptions. Demand recovered strongly to 380 thousand barrels daily in 2021, increased further to 411 thousand in 2022, and reached 416 thousand barrels daily in 2023, the highest level during the review period. The sustained recovery highlights expanding economic activity and increasing energy requirements across transportation and industrial sectors.

Overall, the dataset demonstrates consistent long-term growth in Chile's oil consumption despite the temporary decline experienced in 2020. The record consumption level achieved in 2023 reflects resilient petroleum demand supported by economic recovery, industrial expansion, and rising transportation activity. The dataset serves as a valuable resource for monitoring oil consumption trends, evaluating energy demand, supporting market analysis, forecasting future petroleum consumption, and enabling policymakers, researchers, investors, and industry stakeholders to develop informed energy policies, infrastructure strategies, and long-term investment decisions.

Indicator
Oil Consumption
Country
Chile
Region
South and Central America
Unit
Thousand Barrels Daily
Coverage
2015–2023, annual
Category
Energy & Power
Last updated
June 2026
Source
energyinst.org

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Frequently asked questions

What is Chile Oil Consumption?

Definition- Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.

What was Chile Oil Consumption in 2023?

Chile Oil Consumption was 416 Thousand Barrels Daily in 2023, up 1.2% on 2022.

How has Chile Oil Consumption changed between 2015 and 2023?

Chile Oil Consumption moved from 340 Thousand Barrels Daily in 2015 to 416 Thousand Barrels Daily in 2023 (+22.4%), an average of +2.6% a year. The series high was 416 Thousand Barrels Daily in 2023 and the low 340 Thousand Barrels Daily in 2015.

Which year had the highest and lowest Chile Oil Consumption?

The highest value was 416 Thousand Barrels Daily in 2023 and the lowest was 340 Thousand Barrels Daily in 2015.

What does the Chile Oil Consumption data include and exclude?

Included: The data includes the domestic consumption of major petroleum products, including gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other refined oil products used across transportation, industrial, residential, commercial, agricultural, and power generation sectors. It covers both energy-related use and certain non-energy uses of petroleum products, such as feedstocks for petrochemical manufacturing where included in national energy balances. The indicator reflects total petroleum demand within a country regardless of whether the oil is produced domestically or imported. Data is compiled from national energy statistics, refinery reports, trade data, and standardized international energy databases, enabling consistent comparison of oil consumption trends across countries and over time. Excluded: The data excludes crude oil production, crude oil reserves, refinery throughput, and petroleum exports. It does not include consumption of natural gas, coal, nuclear energy, electricity, or renewable energy sources unless they are derived from petroleum products. The indicator excludes upstream oil extraction activities and does not directly measure fuel efficiency, carbon emissions, energy affordability, or the quality of energy services. Inventory changes, strategic petroleum reserves, and stock movements may be treated separately depending on the reporting methodology. Minor variations may occur due to differences in national accounting practices, product classifications, and estimation methods used across countries.

Where does the Chile Oil Consumption data come from?

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 Thousand Barrels Daily.

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