South Korea Oil

Summary Table

  Barrels Global Rank
Oil Reserves
0 N.A.

  Barrels per Day Global Rank
108,419 47th in the world
2,605,440 8th in the world
Daily Deficit
-2,497,021  
Oil Imports
2,946,047  
Oil Exports
0  
2,946,047  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Consumption in South Korea

See also: List of countries by Oil Consumption

  • South Korea consumes 2,605,440 barrels per day (B/d) of oil as of the year 2016.
  • South Korea ranks 8th in the world for oil consumption, accounting for about 2.7% of the world's total consumption of 97,103,871 barrels per day.
  • South Korea consumes 2.15 gallons of oil per capita every day (based on the 2016 population of 50,983,457 people), or 783 gallons per capita per year (19 barrels). [1 barrel = 42 US Gallons]

Oil Imports

  • South Korea imports 113% of its oil consumption (2,946,047 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources