Chile Oil

Oil Reserves in Chile (2025)

See also: List of countries by Oil Reserves

Chile holds 150,000,000 barrels of proven oil reserves as of 2025, ranking #61 in the world and accounting for about 0.0085% of the world's total oil reserves of 1,765,151,568,000.

Chile has proven reserves equivalent to 1.1 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 1 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Chile

Oil Consumption in Chile (2024)

See also: List of countries by Oil Consumption

• Chile consumes 385,940 barrels per day (B/d) of oil as of the year 2024.
• Chile ranks #39 in the world for oil consumption, accounting for about 0.38% of the world's total consumption of 102,559,503 barrels per day.
• Chile consumes 0.82 gallons of oil per capita every day (based on the 2024 population of 19,764,771 people), or 299 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in Chile (2024)

See also: List of countries by Oil Production

• Chile produces 20,163 barrels per day of oil (as of 2024) ranking #77 in the world.
• At 2024 production levels, Chile produces every year about 4.91% of its proven reserves ( 2025).

Oil Imports (2020)

• In 2020, Chile imported 44% of its oil consumption (145,419 barrels per day out of 330,399 consumed).

History of Oil Consumption and Production