Oil demand global outlook by key region 2017-2040

World oil demand outlook from 2017 to 2040, by key region (in million barrels per day)*

Oil demand global outlook by key region 2017-2040 This statistic displays OPEC's projection of the oil demand worldwide from 2017 to 2040, sorted by key region. The oil demand in developing countries is expected to increase to approximately 67 million barrels per day by 2040.
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World oil demand outlook from 2017 to 2040, by key region (in million barrels per day)*

201720202025203020352040
OECD America2525.725.223.922.520.9
OECD Europe14.314.513.913.112.411.6
OECD Asia Oceania8.187.67.26.76.2
OECD47.347.545.54340.537.9
Latin America5.766.46.87.17.3
Middle East & Africa3.84.14.65.15.76.3
India4.55.26.47.6910.4
China12.313.414.715.816.617.4
Other Asia8.79.410.311.312.212.9
OPEC9.39.810.711.51212.3
Developing countries44.447.953.158.162.666.6
Russia3.53.73.93.93.93.9
Other Eurasia1.92.12.22.32.42.5
Eurasia5.45.86.16.36.46.4
201720202025203020352040
OECD America2525.725.223.922.520.9
OECD Europe14.314.513.913.112.411.6
OECD Asia Oceania8.187.67.26.76.2
OECD47.347.545.54340.537.9
Latin America5.766.46.87.17.3
Middle East & Africa3.84.14.65.15.76.3
India4.55.26.47.6910.4
China12.313.414.715.816.617.4
Other Asia8.79.410.311.312.212.9
OPEC9.39.810.711.51212.3
Developing countries44.447.953.158.162.666.6
Russia3.53.73.93.93.93.9
Other Eurasia1.92.12.22.32.42.5
Eurasia5.45.86.16.36.46.4
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This statistic displays OPEC's projection of the oil demand worldwide from 2017 to 2040, sorted by key region. The oil demand in developing countries is expected to increase to approximately 67 million barrels per day by 2040.
Show more
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