EnergyOilElectricity

Belize Oil

Reserves (2025)#93 World
6,700,000barrels
< 0.01%
of world reserves
23 years
at current production
Production (2025)#108 World
787.1b/d+0% YoY
Consumption (2024)#175 World
5,575.3b/d−0.02% YoY
Daily Deficit (2024)
−4,788.2b/d

Production covers 14.1% of consumption.

Consumption
Production
Deficit

Oil Reserves in Belize

  • Belize has proven oil reserves of 6,700,000 barrels (as reported in 2025) (#93 in the world), representing 0.00038% of the world's total.
  • As of 2025 production rates, Belize has roughly 23 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Belize

  • Belize produced 787.1 barrels per day of oil and petroleum liquids in 2025 (#108 in the world), unchanged from 787.1 barrels per day in 2024.
  • Of that, 787.1 barrels per day was crude oil in 2025.
  • And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Belize

  • Belize consumed 5,575.3 barrels per day of oil and petroleum products in 2024 (#175 in the world), a decrease of 0.02% from 2023. This represents 0.0054% of the world's total oil consumption.
  • Per capita, oil consumption in Belize averaged 0.56 us gallons per day in 2024 (#105 in the world).
  • The largest refined-product categories were Motor Gasoline (34.7%), Distillate Fuel Oil (25.9%), and Liquefied Petroleum Gases (16.5%).

(Historical) Oil Imports & Exports in Belize

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 Belize

  • In 2024, Belize produced approximately 787.1 barrels per day of oil and consumed 5,575.3 barrels per day , a deficit of 4,788.2 barrels per day.

Belize Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20256,700,00093< 0.01%787.1+0%108< 0.01%————————
20246,700,00093< 0.01%787.1+0%108< 0.01%5,575.3−0.02%1750.01%0.56———
20236,700,00094< 0.01%787.1—107< 0.01%5,576.4+12.9%1730.01%0.57———
20226,700,00094< 0.01%0———4,937.5+3.9%177< 0.01%0.51———
20216,700,00093< 0.01%0−100%——4,751.3+4.1%177< 0.01%0.5———
2020———1,700+75.2%102< 0.01%4,566.3−18.8%177< 0.01%0.49———
20196,700,00093< 0.01%970.4+17.5%105< 0.01%5,626.2+16.5%1740.01%0.61———
20186,700,00093< 0.01%826−16.5%104< 0.01%4,828.3−1.3%177< 0.01%0.5301,211−1,211
20176,700,00093< 0.01%989.7−41.8%103< 0.01%4,892.9+17.8%177< 0.01%0.5501,211−1,211
20166,700,00093< 0.01%1,700−0.5%101< 0.01%4,153.8−1%180< 0.01%0.4801,208−1,208
20156,700,00093< 0.01%1,708.5−2.9%102< 0.01%4,197.6+19.4%179< 0.01%0.4901,225−1,225
20146,700,00093< 0.01%1,760−18.9%104< 0.01%3,514.3−5.8%184< 0.01%0.4201,781−1,781
20136,700,00093< 0.01%2,170.8−22.9%102< 0.01%3,729.5+10.7%180< 0.01%0.4602,025−2,025
20126,700,00092< 0.01%2,814.1−27%101< 0.01%3,369.5+4.5%182< 0.01%0.4202,644−2,644
20116,700,00091< 0.01%3,853.4−7.1%98< 0.01%3,224.7−15.7%185< 0.01%0.411343,863−3,729
20106,700,00090< 0.01%4,147+3.9%97< 0.01%3,826.5+8.9%183< 0.01%0.504,151−4,151
20096,700,00090< 0.01%3,989.5+13.6%98< 0.01%3,512.7+10.4%184< 0.01%0.47103,865−3,855
20086,700,00090< 0.01%3,510.7+17%99< 0.01%3,182.1−8.7%184< 0.01%0.4403,455−3,455
20076,700,00089< 0.01%2,999.8+32.9%100< 0.01%3,484.9−7.9%184< 0.01%0.4902,895−2,895
2006———2,257.3—100< 0.01%3,784.9+5%181< 0.01%0.5502,261−2,261
2005———0———3,604.5+8.2%179< 0.01%0.54000
2004———0———3,330.8−6.8%180< 0.01%0.51000
2003———0———3,573.7+1.5%180< 0.01%0.57000
2002———0———3,521−5.5%177< 0.01%0.58000
2001———0———3,724.2+4.3%174< 0.01%0.63000
2000———0———3,569.7+8.4%176< 0.01%0.62000
1999———0———3,294+3.1%175< 0.01%0.59000
1998———0———3,194−0.73%175< 0.01%0.6000
1997———0———3,217.5+69.4%174< 0.01%0.62000
1996———0———1,899.9−16.5%181< 0.01%0.38000
1995———0———2,276.3+15.2%178< 0.01%0.47000
1994———0———1,976.3−4.8%179< 0.01%0.42000
1993———0———2,076.3+0.02%176< 0.01%0.45000
1992———0———2,075.8−17.4%174< 0.01%0.46000
1991———0———2,511.9+14.3%152< 0.01%0.56000
1990———0———2,196.9+34.4%153< 0.01%0.5000
1989———0———1,634.9+47.7%155< 0.01%0.38000
1988———0———1,107.2−27.6%162< 0.01%0.27000
1987———0———1,529.7−18.3%152< 0.01%0.37000
1986———0———1,872+24.8%151< 0.01%0.47000
1985———0———1,500+0%150< 0.01%0.38000
1984———0———1,500+7.1%149< 0.01%0.39000
1983———0———1,400+0%151< 0.01%0.38000
1982———0———1,400−6.7%149< 0.01%0.39000
1981———0———1,500−6.3%150< 0.01%0.42000
1980———0———1,600—149< 0.01%0.46000

See also

Sources