Serbia Oil

77,500,000barrels
< 0.01%
of world reserves
at current production
13,225b/d−6.2% YoY
87,499b/d+1.7% YoY
Daily Deficit (2024)
−73,396b/d

Production covers 16.1% of consumption.

Consumption
Production
Deficit

Oil Reserves in Serbia

  • Serbia has proven oil reserves of 77,500,000 barrels (as reported in 2025) (#73 in the world), representing 0.0044% of the world's total.
  • As of 2025 production rates, Serbia has roughly 18 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Serbia

  • Serbia produced 13,225 barrels per day of oil and petroleum liquids in 2025 (#86 in the world), a decrease of 6.2% from 14,103 barrels per day in 2024.
  • Of that, 11,481 barrels per day was crude oil in 2025.
  • And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Serbia

  • Serbia consumed 87,499 barrels per day of oil and petroleum products in 2024 (#90 in the world), an increase of 1.7% from 2023. This represents 0.09% of the world's total oil consumption.
  • Per capita, oil consumption in Serbia averaged 0.55 us gallons per day in 2024 (#107 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (51.9%), Other Refined Products (20.5%), and Motor Gasoline (13.8%).

(Historical) Oil Imports & Exports in Serbia

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 Serbia

  • In 2024, Serbia produced approximately 14,103 barrels per day of oil and consumed 87,499 barrels per day , a deficit of 73,396 barrels per day.

Serbia Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
202577,500,00073< 0.01%13,225−6.2%860.01%————————
202477,500,00074< 0.01%14,103−6.1%850.01%87,499+1.7%890.09%0.55———
202377,500,00074< 0.01%15,017−5.7%810.01%86,002−2.9%910.08%0.53———
202277,500,00073< 0.01%15,932−6.2%800.02%88,528+9.2%890.09%0.55———
202177,500,00073< 0.01%16,986−5.3%780.02%81,045+11.6%890.08%0.5———
2020———17,936−4.2%780.02%72,589−7.4%900.08%0.44———
201977,500,00072< 0.01%18,728+0.13%790.02%78,354+4%900.08%0.47———
201877,500,00073< 0.01%18,704−5%780.02%75,371+2%900.08%0.4553,78218353,599
201777,500,00073< 0.01%19,684−13%750.02%73,892−0.15%900.07%0.4450,06712849,939
201677,500,00073< 0.01%22,617−1.6%750.02%74,000+1.7%890.08%0.4446,30418346,121
201577,500,00073< 0.01%22,996+18.6%780.02%72,734+3.7%880.08%0.4336,571036,571
201477,500,00074< 0.01%19,393−3%810.02%70,169−4.8%880.07%0.4129,172029,172
201377,500,00073< 0.01%19,991+10.6%800.02%73,721+4.4%850.08%0.4332,689032,689
201277,500,000720.01%18,069−8%800.02%70,624−12.3%860.08%0.420,674020,674
201177,500,000740.01%19,640−10.9%780.02%80,503−0.4%840.09%0.4628,237028,237
201077,500,000710.01%22,038+11.4%740.03%80,828−3.2%850.09%0.4638,279038,279
200977,500,000720.01%19,790+7.3%750.02%83,534−3.1%810.10%0.4746,329046,329
200877,500,000720.01%18,450+9.5%760.02%86,182−6%810.10%0.4952,550052,550
200777,500,000710.01%16,857−0.54%780.02%91,677+1.9%790.10%0.5152,570052,570
200677,500,000700.01%16,948—790.02%89,972—800.10%0.550,537050,537

See also

Sources