This report was previously published by BP.
Figures include crude oil, shale oil, oil sands, condensates and NGLs. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form.
This statistic was compiled using several releases of the publication.
Figures were calculated by ÌÇÐÄÆÆ½â°æ based on the production values for Mexico and Central and South America, provided by the source.
Figures were restated based on the latest report.
Figures have been rounded.
Citation formats
Oil production in Latin America & the Caribbean 2009-2024
Oil production in Latin America and the Caribbean has been continually increasing in the last couple of years, dipping to around million barrels per day in 2024. This represented an increase of nearly ****percent in comparison to the peak output of the decade registered in 2015. Brazil is the largest oil producer in Latin America, accounting for over ***percent of the region's output that year.
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Kearney, & Energy Institute. (June 25, 2025). Oil production in Latin America and the Caribbean from 2009 to 2024 (in million barrels per day) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 02, 2026, from /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/
Kearney, und Energy Institute. "Oil production in Latin America and the Caribbean from 2009 to 2024 (in million barrels per day)." Chart. June 25, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 02, 2026. /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/
Kearney, Energy Institute. (2025). Oil production in Latin America and the Caribbean from 2009 to 2024 (in million barrels per day). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 02, 2026. /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/
Kearney, and Energy Institute. "Oil Production in Latin America and The Caribbean from 2009 to 2024 (in Million Barrels per Day)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 25 Jun 2025, /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/
Kearney & Energy Institute, Oil production in Latin America and the Caribbean from 2009 to 2024 (in million barrels per day) ÌÇÐÄÆÆ½â°æ, /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/ (last visited August 02, 2026)
Oil production in Latin America and the Caribbean from 2009 to 2024 (in million barrels per day) [Graph], Kearney, & Energy Institute, June 25, 2025. [Online]. Available: /statistics/265202/oil-production-in-central-and-south-america-in-barrels-per-day/