Gross domestic product per barrel

Energy efficiency as it relates to oil usage can be described by the gross Domestic product per barrel (GDP per barrel) (GDP/barrel) of oil used. The original data for this is taken from two sources, the CIA World Fact Book and the List of countries by GDP (nominal) article from wikipedia. It should be noted that many of the numbers from the CIA are mere guesses (see notes) and that many do not reflect the use of oil consumed in the process of making refined products.

Data

GDP/Barrel

Country

GDP ($ millions)

bbl/day

GDP/bbl

United States

11,734,300

20,030,000

1605

Japan

4,671,198

5,578,000

2294

Germany

2,754,727

2,677,000

2819

United Kingdom

2,133,019

1,722,000

3393

France

2,046,292

2,060,000

2721

Italy

1,680,112

1,874,000

2456

China

1,653,686

6,391,000

708.9

Spain

1,041,338

1,544,000

1847

Canada

993,443

2,193,000

1241

South Korea

680,409

2,168,000

859.8

Mexico

675,254

1,752,000

1055

India

665,071

2,320,000

797.4

Australia

618,021

875,600

1933

Netherlands

607,531

920,000

1809

Brazil

603,783

2,100,000

787.7

Russia

581,783

2,800,000

569.2

Switzerland

357,969

258,900

3788

Belgium

352,270

624,200

1546

Sweden

346,926

346,100

2746

Taiwan

305,200

915,000

913.8

Turkey

302,561

715,100

1159

Austria

294,663

286,200

2820

Indonesia

257,806

1,155,000

611.5

Saudi Arabia

250,892

1,775,000

387.2

Norway

250,805

257,200

2671

Poland

242,226

479,200

1384

Denmark

241,690

188,300

3516

South Africa

213,100

484,000

1206

Greece

205,493

435,700

1292

Finland

186,154

219,700

2321

Ireland

184,700

175,600

2881

Portugal

167,944

326,500

1407

Hong Kong

164,144

260,000

1729

Thailand

163,512

851,000

526.4

Iran

161,483

1,425,000

310.4

Argentina

152,049

450,000

925.7

Malaysia

118,318

510,000

635.6

Israel

116,905

270,100

1185

Venezuela

108,163

530,000

559.1

Czech Republic

107,015

185,200

2786

Singapore

106,822

705,000

415.1

United Arab Emirates

104,204

310,000

920.9

Pakistan

103,421

365,000

776.2

Hungary

100,371

134,100

2050

Colombia

97,389

134,100

1989

New Zealand

96,678

151,900

1743

Chile

94,100

228,000

1130

Philippines

84,835

335,000

693.8

Algeria

84,817

232,000

1001

Egypt

77,032

566,000

372.8

Romania

71,323

235,000

831.5

Nigeria

71,318

310,000

630.2

Peru

68,635

157,000

1197

Ukraine

65,039

401,000

444.3

Bangladesh

58,305

84,000

1901

Kuwait

51,804

305,000

465.34

Morocco

50,031

158,000

867.5

Vietnam

43,891

216,000

556.7

Slovakia

41,091

71,000

1585

Kazakhstan

40,754

221,000

505.2

Croatia

34,309

90,000

1044

Slovenia

32,226

71,400

1236

Luxembourg

31,695

55,700

1558

Ecuador

30,300

155,000

535.5

Tunisia

28,501

90,000

867.6

Qatar

28,451

33,000

2362

Libya

28,025

236,000

325.3

Guatemala

25,959

66,000

1077

Oman

24,824

62,000

1096

Serbia and Montenegro

23,996

85,000

773.4

Bulgaria

23,773

107,000

608.7

Syria

23,745

240,000

271.0

Belarus

22,888

252,000

248.8

Lithuania

22,261

89,000

685.2

Lebanon

21,768

102,000

584.6

Sudan

21,585

70,000

844.8

Sri Lanka

20,718

79,000

718.5

Angola

19,523

46,000

1162

Dominican Republic

19,445

128,000

416.2

Costa Rica

18,511

40,000

1267

Kenya

16,088

52,000

847.6

Cameroon

15,865

23,000

1889

El Salvador

15,802

40,000

1082

Cote d'Ivoir

15,495

20,000

2122

Cyprus

15,419

52,000

812.3

Turkmenistan

13,982

80,000

478.8

Panama

13,793

78,000

484.4

Latvia

13,623

29,000

1287

Uruguay

13,267

38,000

956.5

Yemen

13,062

80,000

447.3

Iceland

12,258

17,280

1943

Trinidad and Tobago

12,019

29,000

1135

Jordan

11,515

103,000

306.2

Estonia

11,447

25,000

1254

Tanzania

11,307

22,000

1408

Bahrain

11,010

26,000

1160

Uzbekistan

9,720

120,000

221.9

Botswana

9,065

12,000

2069

Ghana

8,854

39,000

621.9

Bolivia

8,784

48,000

501.3

Jamaica

8,677

69,000

344.5

Azerbaijan

8,537

123,000

190.1

Bosnia and Herzegovina

8,262

21,000

1077

Ethiopia

8,005

27,000

812.2

Senegal

7,637

31,000

874.9

Albania

7,595

7,500

2774

Honduras

7,429

37,000

550.0

Gabon

7,226

12,250

1615

Myanmar

6,891

Uganda

6,806

10,000

1864

Paraguay

6,718

25,000

736.2

Democratic Republic of the Congo

6,505

8,300

2147

Nepal

6,359

15,400

1131

Mozambique

6,086

11,000

1515

Mauritius

5,907

21,000

770.6

Zimbabwe

5,762

22,500

701.6

Bahamas

5,718

23,000

681.1

Brunei

5,692

12,000

1299

Zambia

5,409

12,250

1209

Afghanistan

5,392

5,000

2954

Malta

5,369

18,000

817.1

Burkina Faso

5,110

8,000

1750

Mali

4,937

4,250

3182

Cambodia

4,879

3,700

3612

Macedonia

4,695

21,000

612.5

Namibia

4,624

16,000

791.7

Nicaragua

4,577

25,200

497.6

Georgia

4,541

13,000

957.0

Equatorial Guinea

4,480

Madagascar

4,359

15,000

796.1

Republic of the Congo

4,349

5,200

2291

Chad

4,220

1,450

7973

Benin

4,053

12,000

925.3

Guinea

3,917

8,400

1277

Papua New Guinea

3,554

15,000

649.1

Haiti

3,537

11,800

821.2

Armenia

3,214

40,000

220.1

Niger

3,141

5,400

1593

Barbados

2,813

10,000

770.6

Netherlands Antilles (Netherlands)

2,790

72,500

105.4

Fiji

2,656

10,000

727.6

Moldova

2,595

37,000

192.1

Laos

2,434

2,950

2260

Swaziland

2,361

3,500

1848

Kyrgyzstan

2,210

11,000

550.4

Tajikistan

2,073

25,000

227.1

Togo

2,032

8,500

654.9

Malawi

1,879

5,450

944.5

Rwanda

1,835

6,000

837.8

Mauritania

1,532

24,000

174.8

Mongolia

1,516

11,000

377.5

Lesotho

1,470

1,400

2876

Central African Republic

1,309

2,400

1494

Suriname

1,107

14,000

216.6

Sierra Leone

1,071

6,510

450.7

Belize

1,036

6,000

473.0

Cape Verde

931

1,200

2125

Antigua and Barbuda

803

3,600

611.1

Guyana

786

11,300

190

Saint Lucia

763

2,520

829.5

Maldives

753

4,000

515.7

Seychelles

703

7,600

253.4

Burundi

664

3,000

606.3

Djibouti

660

12,000

150.6

Eritrea

627

4,600

373.4

Bhutan

623

1,100

1551

Grenada

437

1,800

665.1

Saint Vincent and the Grenadines

404

1,300

851.4

Gambia

401

2,000

549.3

Saint Kitts and Nevis

397

700

1553

Comoros

369

700

1444

Timor-Leste

339

Samoa

316

1,000

865.7

Vanuatu

311

620

1374

Dominica

271

800

928.0

Guinea-Bissau

270

2,450

301.9

Solomon Islands

258

1,270

556.5

Tonga

195

800

667.8

Kiribati

64

200

876.7

São Tomé and Príncipe

64

650

269.7

Biggest 30 Economies

Country

GDP/barrel (sorted)

Switzerland

3788

Denmark

3516

United Kingdom

3393

Austria

2820

Germany

2819

Sweden

2746

France

2721

Norway

2671

Italy

2456

Finland

2321

Japan

2294

Australia

1933

Spain

1847

Netherlands

1809

United States

1605

Belgium

1546

Poland

1384

Greece

1292

Canada

1241

South Africa

1206

Turkey

1159

Mexico

1055

Taiwan

913.8

South Korea

859.8

India

797.4

Brazil

787.7

China

708.9

Indonesia

611.5

Russia

569.2

Saudi Arabia

387.2

Calculations

GDP/bbl is calculated by taking the GDP * 1,000,000 and dividing by the bbl/day * 365 to give dollars (USD) of GDP per barrel of oil.

References

  • CIA World Fact Book
  • List of countries by GDP (nominal)
  • Peak oil
  • Petrodollar
  • Petroeuro
  • Iranian Oil Bourse

Notes

  • Many of the numbers from the CIA are mere guesses (some are absolutely ridiculous) and may not reflect the use of oil consumed in the process of making refined products.
  • Any economy that has a GDP of less than 100,000 is unlikely to have a true GDP/barrel of more than 1,000 or so. Any country that does should be compared with its neighbours for a sanity check, case in point: Chad.
  • None of these numbers reflects the use of other energy sources such as hydro or nuclear power but in a time of rising oil prices, poor use of oil and its byproducts will become a severe handicap.