EnergyOilNatural GasElectricity

Barbados Oil

Reserves (2025)#96 World
1,542,000barrels
< 0.01%
of world reserves
4 years
at current production
Production (2025)#106 World
1,001b/d+0% YoY
Consumption (2024)#164 World
10,498b/d+0.56% YoY
Daily Deficit (2024)
−9,497.3b/d

Production covers 9.5% of consumption.

Consumption
Production
Deficit

Oil Reserves in Barbados

  • Barbados has proven oil reserves of 1,542,000 barrels (as reported in 2025) (#96 in the world), representing 0.000087% of the world's total.
  • As of 2025 production rates, Barbados has roughly 4 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Barbados

  • Barbados produced 1,001 barrels per day of oil and petroleum liquids in 2025 (#106 in the world), unchanged from 1,001 barrels per day in 2024.
  • Of that, 1,000 barrels per day was crude oil in 2025.
  • And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.

Barbados 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 Barbados

  • Barbados consumed 10,498 barrels per day of oil and petroleum products in 2024 (#164 in the world), an increase of 0.56% from 2023. This represents 0.01% of the world's total oil consumption.
  • Per capita, oil consumption in Barbados averaged 1.56 us gallons per day in 2024 (#40 in the world).
  • The largest refined-product categories were Residual Fuel Oil (29.3%), Jet Fuel (25%), and Motor Gasoline (18.9%).

(Historical) Oil Imports & Exports in Barbados

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 Barbados

  • In 2024, Barbados produced approximately 1,001 barrels per day of oil and consumed 10,498 barrels per day , a deficit of 9,497.3 barrels per day.

Barbados Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20251,542,00096< 0.01%1,001+0%106< 0.01%————————
20241,677,00096< 0.01%1,001−33.6%106< 0.01%10,498+0.56%1640.01%1.56———
20231,911,00096< 0.01%1,507.8+197.1%103< 0.01%10,439+14.6%1630.01%1.55———
20221,967,00096< 0.01%507.4−4.9%107< 0.01%9,109.7+7.6%1640.01%1.36———
20211,978,00095< 0.01%533.5−46.7%107< 0.01%8,464.6−5.1%1650.01%1.26———
2020———1,001+0%105< 0.01%8,917.3−18.4%1620.01%1.33———
20192,356,00095< 0.01%1,001+0%104< 0.01%10,928−2.2%1570.01%1.63———
20182,534,00094< 0.01%1,001+56.2%103< 0.01%11,171+9.7%1570.01%1.670685−685
20172,082,00095< 0.01%640.9−35.9%105< 0.01%10,187−5.4%1600.01%1.530685−685
20162,315,00095< 0.01%1,000+0%104< 0.01%10,774+1.4%1600.01%1.620683−683
20152,526,00094< 0.01%1,000−0.1%105< 0.01%10,630+5.7%1580.01%1.64692−46
20142,840,00094< 0.01%1,001+0%108< 0.01%10,052−12.5%1580.01%1.52927913
20132,259,00095< 0.01%1,001+0%106< 0.01%11,488+1.3%1540.01%1.7474294648
20122,259,00094< 0.01%1,001+0%108< 0.01%11,339−6.9%1550.01%1.7236103−67
20111,789,00094< 0.01%1,001+0%106< 0.01%12,173+4.5%1540.01%1.85465109356
20101,789,00093< 0.01%1,001+0%106< 0.01%11,653−3.4%1540.01%1.781,3281161,212
20092,171,00092< 0.01%1,001+0%106< 0.01%12,067−5.7%1540.01%1.85677105572
20082,200,00092< 0.01%1,001+0.1%105< 0.01%12,803+17.7%1460.01%1.975,2551085,147
20072,852,00091< 0.01%1,000+0%108< 0.01%10,879−3.7%1520.01%1.680126−126
20062,500,00089< 0.01%1,000+0%107< 0.01%11,293+0.14%1500.01%1.760137−137
20052,509,00088< 0.01%1,000−0.2%102< 0.01%11,277+1.6%1480.01%1.762,6361742,462
20042,509,00089< 0.01%1,002−1.2%103< 0.01%11,095+0.32%1440.01%1.740173−173
20032,500,00089< 0.01%1,013.8−5.4%98< 0.01%11,059+1%1440.01%1.750174−174
20022,508,00089< 0.01%1,071.3+7.1%96< 0.01%10,949+1.4%1410.01%1.741,118219899
20012,508,00089< 0.01%1,000+0%96< 0.01%10,799+1.2%1390.01%1.730173−173
20003,156,00089< 0.01%1,000+0%94< 0.01%10,666+9.5%1370.01%1.710210−210
19992,353,00089< 0.01%1,000+0%92< 0.01%9,742.4+3.2%1400.01%1.560271−271
19982,353,00089< 0.01%1,000+0%93< 0.01%9,442.4+2.6%1420.01%1.5130189−159
19972,411,00089< 0.01%1,000−16.7%93< 0.01%9,200+14.3%1430.01%1.47000
19962,541,00078< 0.01%1,200+50%91< 0.01%8,052−2.4%1450.01%1.291730173
19952,784,00075< 0.01%800−11.1%93< 0.01%8,249.3+3.3%1410.01%1.32000
19943,501,00074< 0.01%900+0%91< 0.01%7,984.7−4.5%1420.01%1.28000
19935,892,00070< 0.01%900−10%89< 0.01%8,363.5−2.6%1400.01%1.35000
19923,337,00071< 0.01%1,000+0%89< 0.01%8,584.5+2.4%1360.01%1.39000
19913,083,00067< 0.01%1,000+0%73< 0.01%8,384.7+1.4%1170.01%1.36000
19903,190,00063< 0.01%1,000+0%74< 0.01%8,268+5.1%1170.01%1.34000
19893,300,00063< 0.01%1,000−16.7%74< 0.01%7,870+9.6%1160.01%1.28000
19883,620,00063< 0.01%1,200+0%74< 0.01%7,179.3−10%1170.01%1.17000
1987500,00064< 0.01%1,200−36.8%74< 0.01%7,977.8−5%1100.01%1.3000
1986400,00064< 0.01%1,900−5%71< 0.01%8,400+5%1090.01%1.37000
1985600,00063< 0.01%2,000+0%69< 0.01%8,000+11.1%1120.01%1.31000
1984600,00062< 0.01%2,000+100%68< 0.01%7,200−4%1130.01%1.19000
1983730,00061< 0.01%1,000+0%71< 0.01%7,500+5.6%1130.01%1.24000
1982450,00059< 0.01%1,000—70< 0.01%7,100+1.4%1150.01%1.18000
1981837,00058< 0.01%0———7,000+4.5%1160.01%1.17000
19801,500,00056< 0.01%0———6,700—1170.01%1.12000

See also

Sources