Angola Oil

Oil Reserves in Angola (2025)

See also: List of countries by Oil Reserves

Angola holds 2,550,000,000 barrels of proven oil reserves as of 2025, ranking #30 in the world and accounting for about 0.14% of the world's total oil reserves of 1,765,151,568,000.

Angola has proven reserves equivalent to 57.2 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 57 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Angola

Oil Consumption in Angola (2024)

See also: List of countries by Oil Consumption

• Angola consumes 122,135 barrels per day (B/d) of oil as of the year 2024.
• Angola ranks #72 in the world for oil consumption, accounting for about 0.12% of the world's total consumption of 102,559,503 barrels per day.
• Angola consumes 0.14 gallons of oil per capita every day (based on the 2024 population of 37,885,849 people), or 49 gallons per capita per year (1 barrels). [1 barrel = 42 US Gallons]

Oil Production in Angola (2024)

See also: List of countries by Oil Production

• Angola produces 1,164,049 barrels per day of oil (as of 2024) ranking #18 in the world.
• At 2024 production levels, Angola produces every year about 16.66% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Angola exported 84% of its oil production (1,367,399 barrels per day out of 1,637,116 produced).

History of Oil Consumption and Production