Kuwait Oil

101,500,000,000barrels
5.8%
of world reserves
at current production
2,804,974b/d+1.2% YoY
438,020b/d+1% YoY
Daily Surplus (2024)
+2,332,583b/d

Consumption uses 15.8% of production.

Production
Consumption
Surplus

Oil Reserves in Kuwait

  • Kuwait has proven oil reserves of 101,500,000,000 barrels (as reported in 2025) (#7 in the world), representing 5.8% of the world's total.
  • As of 2025 production rates, Kuwait has roughly 108 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Kuwait

  • Kuwait produced 2,804,974 barrels per day of oil and petroleum liquids in 2025 (#10 in the world), an increase of 1.2% from 2,770,602 barrels per day in 2024.
  • Of that, 2,583,548 barrels per day was crude oil in 2025.
  • And 225,000 barrels per day was natural gas plant liquids (NGPL) in 2025.

Kuwait 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 Kuwait

  • Kuwait consumed 438,020 barrels per day of oil and petroleum products in 2024 (#37 in the world), an increase of 1% from 2023. This represents 0.43% of the world's total oil consumption.
  • Per capita, oil consumption in Kuwait averaged 3.73 us gallons per day in 2024 (#9 in the world).
  • The largest refined-product categories were Other Refined Products (33.4%), Residual Fuel Oil (28.8%), and Motor Gasoline (19.9%).

(Historical) Oil Imports & Exports in Kuwait

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 Kuwait

  • In 2024, Kuwait produced approximately 2,770,602 barrels per day of oil and consumed 438,020 barrels per day , a surplus of 2,332,583 barrels per day.

Kuwait Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025101,500,000,00075.8%2,804,974+1.2%102.6%————————
2024101,500,000,00075.8%2,770,602−4.4%102.7%438,020+1%370.43%3.73———
2023101,500,000,00075.8%2,897,086−3.8%102.8%433,469−1.3%370.43%3.76———
2022101,500,000,00075.9%3,010,018+11.6%103.0%439,195+6.6%350.44%4.02———
2021101,500,000,00065.9%2,696,009−0.72%102.8%411,941+6.4%350.42%3.97———
2020———2,715,627−9.4%102.9%387,254−17.7%360.42%3.7———
2019101,500,000,00066.1%2,997,175−1.4%103.0%470,779−3.4%340.47%4.45———
2018101,500,000,00066.1%3,038,648+1.1%103.0%487,477+12.5%340.49%4.7401,837,918−1,837,918
2017101,500,000,00066.2%3,005,003−5%103.1%433,357−2.7%360.44%4.3801,733,813−1,733,813
2016101,500,000,00066.1%3,163,092+3.4%103.3%445,410−2.1%340.46%4.6701,859,305−1,859,305
2015101,500,000,00066.1%3,060,352+5.8%103.2%454,819−0.47%340.47%4.9801,963,810−1,963,810
2014101,500,000,00066.1%2,891,950−0.27%103.1%456,945−5.6%340.49%5.2401,994,840−1,994,840
2013101,500,000,00066.2%2,899,821+2.3%103.2%484,098−0.71%330.52%5.802,058,460−2,058,460
2012101,500,000,00066.7%2,833,816+4.3%103.1%487,549+5.8%330.54%6.1402,070,000−2,070,000
2011101,500,000,00066.9%2,716,691+10.9%93.1%460,859−3.3%330.51%6.1801,816,110−1,816,110
2010101,500,000,00057.5%2,449,249−2.2%122.8%476,368−8.9%330.54%6.801,490,931−1,490,931
2009101,500,000,00057.6%2,504,671−8.2%112.9%523,009+32.1%330.61%7.8601,348,250−1,348,250
2008101,500,000,00057.6%2,727,923+6.3%93.1%395,791+8.1%340.46%6.2701,738,540−1,738,540
2007101,500,000,00057.7%2,566,698−2.4%103.0%366,255+12.7%360.42%6.1301,612,880−1,612,880
2006101,500,000,00057.9%2,630,592+2.7%113.1%325,121−2.1%370.38%5.7701,723,400−1,723,400
2005101,500,000,00057.9%2,560,898+3.3%113.0%332,144+11.6%380.39%6.2401,650,800−1,650,800
200499,000,000,00057.8%2,479,070+7.5%123.0%297,715+2.3%400.36%5.801,414,900−1,414,900
200396,500,000,00057.9%2,305,324+32.7%122.9%291,149+5.4%390.36%5.801,242,900−1,242,900
200296,500,000,00049.3%1,736,792−5.9%142.3%276,303+12.6%400.35%5.630979,555−979,555
200196,500,000,00049.4%1,846,449−2.1%142.4%245,290+12.5%450.32%5.1301,214,100−1,214,100
200096,500,000,00049.5%1,886,824+6.4%142.5%218,070−23.7%490.28%4.6901,230,700−1,230,700
199996,500,000,00049.3%1,773,558−8.2%142.4%285,700+19.8%400.38%6.320948,200−948,200
199897,000,000,00049.5%1,932,404−1.3%142.6%238,400+12%460.32%5.4301,190,000−1,190,000
199797,000,000,00049.5%1,956,933+2%132.6%212,800+12.7%500.29%501,134,200−1,134,200
199697,000,000,000410.2%1,918,739−1.1%132.7%188,800+9.3%540.26%4.5801,224,200−1,224,200
199597,000,000,000410.3%1,940,388+0.77%132.8%172,800+4.2%580.25%4.3201,186,400−1,186,400
199497,000,000,000410.3%1,925,510+9.8%132.8%165,900+27.1%570.24%4.1901,263,500−1,263,500
199397,000,000,000410.3%1,753,718+91.1%132.6%130,500+8.3%610.19%3.2801,440,000−1,440,000
199297,000,000,000410.4%917,779+383%171.4%120,500+27.1%610.18%3.10695,600−695,600
199197,000,000,00049.7%190,025−84.5%300.29%94,800+11.3%600.14%2.95085,000−85,000
199097,000,000,00049.7%1,229,910−34.5%161.9%85,200−31.4%590.13%2.120645,000−645,000
198995,000,000,000410.5%1,878,115+18.4%112.9%124,200+2.8%520.19%2.350850,000−850,000
198895,000,000,000410.7%1,586,577−5.6%122.5%120,800+5.7%530.19%2.380698,000−698,000
198795,000,000,000213.6%1,679,951+11%112.7%114,300−3.5%530.18%2.340607,000−607,000
198692,000,000,000213.2%1,514,019+38.6%122.5%118,400−2.1%520.19%2.520756,000−756,000
198593,000,000,000213.3%1,092,578+9.7%141.8%121,000+0.83%520.20%2.680475,900−475,900
198467,000,000,000210.0%995,738−6.4%151.7%120,000−2.4%510.20%2.770658,000−658,000
198367,000,000,000210.1%1,064,033+29.3%131.8%123,000+4.2%520.21%2.960544,400−544,400
198268,000,000,000210.2%822,973−26.9%151.4%118,000+1.7%530.20%2.980368,800−368,800
198168,000,000,000210.4%1,125,189−32.1%131.9%116,000+9.4%510.19%3.080813,800−813,800
198069,000,000,000210.8%1,656,126−33.8%122.6%106,000—520.17%2.9601,296,500−1,296,500
1979———2,500,058+17.3%54.4%————————
1978———2,131,030+8.2%63.9%————————
1977———1,968,932−8.2%93.7%————————
1976———2,145,156+3%64.1%————————
1975———2,083,685−18.2%64.4%————————
1974———2,546,342−15.7%55.1%————————
1973———3,019,975—56.0%————————

See also

Sources