Belize Oil

Oil Reserves in Belize (2025)

See also: List of countries by Oil Reserves

Belize holds 6,700,000 barrels of proven oil reserves as of 2025, ranking #94 in the world and accounting for about 0.00038% of the world's total oil reserves of 1,765,151,568,000.

Belize has proven reserves equivalent to 3.3 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 3 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Belize

Oil Consumption in Belize (2024)

See also: List of countries by Oil Consumption

• Belize consumes 5,575 barrels per day (B/d) of oil as of the year 2024.
• Belize ranks #174 in the world for oil consumption, accounting for about 0.0054% of the world's total consumption of 102,559,503 barrels per day.
• Belize consumes 0.56 gallons of oil per capita every day (based on the 2024 population of 417,072 people), or 205 gallons per capita per year (5 barrels). [1 barrel = 42 US Gallons]

Oil Production in Belize (2024)

See also: List of countries by Oil Production

• Belize produces 787 barrels per day of oil (as of 2024) ranking #108 in the world.
• At 2024 production levels, Belize produces every year about 4.29% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Belize exported 147% of its oil production (1,211 barrels per day out of 826 produced).

History of Oil Consumption and Production