Angola Oil

2,550,000,000barrels
0.14%
of world reserves
at current production
1,059,432b/d−9% YoY
128,672b/d+2.4% YoY
Daily Surplus (2024)
+1,035,377b/d

Consumption uses 11.1% of production.

Production
Consumption
Surplus

Oil Reserves in Angola

  • Angola has proven oil reserves of 2,550,000,000 barrels (as reported in 2025) (#30 in the world), representing 0.14% of the world's total.
  • As of 2025 production rates, Angola has roughly 7 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Angola

  • Angola produced 1,059,432 barrels per day of oil and petroleum liquids in 2025 (#18 in the world), a decrease of 9% from 1,164,049 barrels per day in 2024.
  • Of that, 1,030,815 barrels per day was crude oil in 2025.
  • And 29,511 barrels per day was natural gas plant liquids (NGPL) in 2025.

Angola has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.

Oil Consumption in Angola

  • Angola consumed 128,672 barrels per day of oil and petroleum products in 2024 (#69 in the world), an increase of 2.4% from 2023. This represents 0.13% of the world's total oil consumption.
  • Per capita, oil consumption in Angola averaged 0.14 us gallons per day in 2024 (#162 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (42.8%), Motor Gasoline (24.4%), and Liquefied Petroleum Gases (12.3%).

(Historical) Oil Imports & Exports in Angola

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Angola

  • In 2024, Angola produced approximately 1,164,049 barrels per day of oil and consumed 128,672 barrels per day , a surplus of 1,035,377 barrels per day.

Angola Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20252,550,000,000300.14%1,059,432−9%181.0%————————
20242,550,000,000300.14%1,164,049−0.88%181.1%128,672+2.4%690.13%0.14———
20232,516,000,000300.14%1,174,422−0.91%181.1%125,709+3.8%690.12%0.14———
20227,231,000,000200.42%1,185,254+3%171.2%121,097+15.9%710.12%0.14———
20217,783,000,000190.45%1,150,417−10.4%181.2%104,506+19%790.11%0.13———
2020———1,284,139−13.8%171.4%87,852−27%830.10%0.11———
20198,384,000,000180.50%1,488,932−9.1%171.5%120,311−0.05%750.12%0.16———
20189,523,000,000170.57%1,637,116−4.2%161.6%120,372+5.5%740.12%0.1601,367,399−1,367,399
20178,273,000,000170.50%1,708,355−4.9%171.7%114,128−16.8%770.11%0.1601,517,708−1,517,708
20168,423,000,000180.51%1,796,778−1.7%161.9%137,145−12.5%700.14%0.201,658,258−1,658,258
20159,011,000,000180.54%1,828,000+4.1%161.9%156,747−1.3%630.16%0.2301,745,524−1,745,524
20149,060,000,000180.55%1,755,945−3.2%161.9%158,868+14.5%620.17%0.2501,632,160−1,632,160
201310,470,000,000170.64%1,814,169+0.98%162.0%138,738+15.8%700.15%0.2201,677,064−1,677,064
20129,500,000,000180.62%1,796,580+1.8%172.0%119,809+7%730.13%0.201,663,250−1,663,250
20119,500,000,000180.64%1,765,134−8%172.0%111,975+4.7%740.12%0.1901,585,429−1,585,429
20109,500,000,000180.70%1,918,073+1.7%152.2%106,955+8.4%750.12%0.1901,710,690−1,710,690
20099,040,000,000180.68%1,886,364−3.8%162.2%98,669+19.2%750.11%0.1801,770,410−1,770,410
20089,035,000,000180.68%1,960,227+16.2%152.3%82,757+22.7%830.10%0.1601,634,820−1,634,820
20078,000,000,000180.61%1,687,449+20.5%182.0%67,463+18.8%890.08%0.1401,591,176−1,591,176
20065,412,000,000220.42%1,400,537+12.3%181.6%56,787+34.8%920.07%0.1201,262,840−1,262,840
20055,412,000,000220.42%1,247,492+26%191.5%42,131−22.3%1000.05%0.0901,113,971−1,113,971
20045,412,000,000210.43%990,288+12.7%211.2%54,201+6.9%900.06%0.120940,900−940,900
20035,412,000,000210.45%878,817−2%221.1%50,687+11.8%900.06%0.120823,000−823,000
20025,412,000,000190.52%896,409+21.3%221.2%45,354+4.1%920.06%0.110849,300−849,300
20015,412,000,000190.53%738,805−0.84%260.96%43,585+12.6%920.06%0.110693,900−693,900
20005,412,000,000170.53%745,097−0.31%240.97%38,701+23.6%950.05%0.10748,600−748,600
19995,412,000,000170.52%747,413+2.1%251.0%31,300+23.2%960.04%0.080732,200−732,200
19985,400,000,000150.53%732,399+3.3%260.97%25,400−14.8%1030.03%0.070698,083−698,083
19975,400,000,000150.53%709,186+2.7%240.95%29,800+20.2%960.04%0.090660,700−660,700
19965,400,000,000150.57%690,416+8.1%230.96%24,800−6.1%1030.03%0.070621,800−621,800
19955,400,000,000160.57%638,512+30%230.91%26,400+7.8%970.04%0.080566,700−566,700
19941,500,000,000310.16%491,159−2.4%260.71%24,500−1.2%1000.04%0.080500,600−500,600
19931,500,000,000310.16%503,340−6%250.75%24,800−2.7%990.04%0.080464,700−464,700
19921,800,000,000250.19%535,451+7.2%240.80%25,500+0%980.04%0.090508,400−508,400
19912,100,000,000250.21%499,630+5.3%220.75%25,500+4.9%800.04%0.090459,900−459,900
19902,000,000,000260.20%474,630+4.4%240.71%24,300+0%820.04%0.090439,000−439,000
19892,000,000,000250.22%454,767+0.61%240.69%24,300+1.3%820.04%0.090417,802−417,802
19881,100,000,000300.12%452,008+25.5%240.70%24,000+0.42%810.04%0.090422,208−422,208
19871,100,000,000300.16%360,052+27.6%250.58%23,900+0.42%800.04%0.10342,400−342,400
19862,000,000,000240.29%282,137+22%270.46%23,800−4.8%780.04%0.10352,300−352,300
19851,800,000,000240.26%231,342+13.4%270.39%25,000+31.6%760.04%0.110363,400−363,400
19841,700,000,000250.25%204,000+15.3%270.34%19,000−13.6%870.03%0.080366,400−366,400
19831,600,000,000250.24%177,005+45.1%280.31%22,000+4.8%810.04%0.10359,900−359,900
19821,500,000,000270.22%122,000−6.2%330.21%21,000+5%830.04%0.10345,300−345,300
19811,200,000,000280.18%130,000−13.3%330.22%20,000+0%830.03%0.10328,300−328,300
19801,200,000,000270.19%150,000+2%320.23%20,000—830.03%0.10332,800−332,800
1979———147,000+12.2%200.26%————————
1978———131,000−32.5%200.24%————————
1977———194,000+79.6%190.36%————————
1976———108,000−34.5%200.21%————————
1975———165,000−2.4%180.35%————————
1974———169,000+4.3%170.34%————————
1973———162,000—170.32%————————

See also

Sources