Nicaragua Oil

Oil Consumption in Nicaragua

See also: List of countries by Oil Consumption

• Nicaragua consumes 37,000 barrels per day (B/d) of oil as of the year 2016.
• Nicaragua ranks #115 in the world for oil consumption, accounting for about 0.038% of the world's total consumption of 97,103,871 barrels per day.
• Nicaragua consumes 0.25 gallons of oil per capita every day (based on the 2016 population of 6,232,666 people), or 91 gallons per capita per year (2 barrels). [1 barrel = 42 US Gallons]

Oil Production in Nicaragua

See also: List of countries by Oil Production

• Nicaragua produces −81 barrels per day of oil (as of 2016) ranking # in the world.
• Nicaragua produces every year an amount equivalent to of its total proven reserves (as of 2016).

Oil Imports

• Nicaragua imports 34% of its oil consumption (12,410 barrels per day in 2016).

History of Oil Consumption and Production