Population CO2 emissions Coronavirus Countries Energy Flags Food & Agriculture GDP by country Time Unit Converters Water World Map

South Korea Oil

Summary Table

Production & Consumption (2024)

Barrels per day Global Rank
Oil Production 113,246 #44 in the world
Oil Consumption 2,514,544 #8 in the world
Daily Deficit -2,401,297

Trade Data (2020)

Oil Imports 108% of consumption
Net Imports 108% of consumption

Oil Consumption in South Korea (2024)

See also: List of countries by Oil Consumption

  • South Korea consumes 2,514,544 barrels per day (B/d) of oil as of the year 2024.
  • South Korea ranks #8 in the world for oil consumption, accounting for about 2.45% of the world's total consumption of 102,559,503 barrels per day.
  • South Korea consumes 2.04 gallons of oil per capita every day (based on the 2024 population of 51,717,590 people), or 745 gallons per capita per year (18 barrels). [1 barrel = 42 US Gallons]

Oil Production in South Korea (2024)

See also: List of countries by Oil Production

  • South Korea produces 113,246 barrels per day of oil (as of 2024) ranking #44 in the world.

Oil Imports (2020)

  • In 2020, South Korea imported 108% of its oil consumption (2,645,870 barrels per day out of 2,448,355 consumed).

History of Oil Consumption and Production


See also

Sources