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Charted: The World’s Aging Population from 1950 to 2100
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Charted: The World’s Aging Population from 1950 to 2100
As demographics continue to shift in the 21st century, the world’s aging population will continue to be a focal point for many global decision makers.
Most countries around the world have experienced population explosions, or are about to. Combine this with declining birth rates and falling mortality rates, and it’s clear that the global senior population will continue to reach new heights.
These graphics by Pablo Alvarez use data from the 2022 UN World Population Prospects to visualize this increasing aging population across countries.
The World’s Aging Population from 1950 to 2100
In 2022, there were 771 million people aged 65+ years globally, accounting for almost 10% of the world’s population.
This segment has been growing at an increasing rate, and it’s expected to hit 16% in 2050, and eventually 24% by 2100. Here’s what that’s projected to look like, for every country and territory.
| Country by Population Aged +65 Years | 1950 | 2022 | 2100 |
|---|---|---|---|
| 🇦🇫 Afghanistan | 2.85% | 2.39% | 16.03% |
| 🇦🇱 Albania | 6.04% | 16.66% | 49.08% |
| 🇩🇿 Algeria | 3.49% | 6.39% | 28.83% |
| 🇦🇸 American Samoa | 2.38% | 7.27% | 45.41% |
| 🇦🇩 Andorra | 10.02% | 14.98% | 37.04% |
| 🇦🇴 Angola | 2.93% | 2.6% | 12.07% |
| 🇦🇮 Anguilla | 3.69% | 10.71% | 37.49% |
| 🇦🇬 Antigua and Barbuda | 4.14% | 10.63% | 35.4% |
| 🇦🇷 Argentina | 4.13% | 11.92% | 31.79% |
| 🇦🇲 Armenia | 8.17% | 13.15% | 36.13% |
| 🇦🇼 Aruba | 1.77% | 16.15% | 36.51% |
| 🇦🇺 Australia | 8.17% | 16.9% | 31.38% |
| 🇦🇹 Austria | 10.42% | 19.81% | 33.93% |
| 🇦🇿 Azerbaijan | 6.89% | 7.11% | 30.5% |
| 🇧🇸 Bahamas | 4.76% | 8.89% | 29.58% |
| 🇧🇭 Bahrain | 2.88% | 3.76% | 21.89% |
| 🇧🇩 Bangladesh | 3.9% | 6.04% | 32.56% |
| 🇧🇧 Barbados | 5.24% | 16.28% | 33.19% |
| 🇧🇾 Belarus | 8.24% | 17.18% | 30.45% |
| 🇧🇪 Belgium | 11.03% | 19.73% | 32.83% |
| 🇧🇿 Belize | 3.57% | 5.09% | 29.21% |
| 🇧🇯 Benin | 7.85% | 3.06% | 11.03% |
| 🇧🇲 Bermuda | 5.71% | 20.41% | 37.73% |
| 🇧🇹 Bhutan | 2.53% | 6.25% | 33.35% |
| 🇧🇴 Bolivia | 6.11% | 4.85% | 21.75% |
| 🇧🇶 Bonaire Sint Eustatius and Saba | 14.22% | 13.84% | 28.94% |
| 🇧🇦 Bosnia and Herzegovina | 3.95% | 18.4% | 36.4% |
| 🇧🇼 Botswana | 4.32% | 3.65% | 17.96% |
| 🇧🇷 Brazil | 2.39% | 9.88% | 33.52% |
| 🇻🇬 British Virgin Islands | 8.63% | 9.95% | 32.47% |
| 🇧🇳 Brunei | 4.85% | 6.17% | 30.93% |
| 🇧🇬 Bulgaria | 6.66% | 22.38% | 37.13% |
| 🇧🇫 Burkina Faso | 2.01% | 2.53% | 13.07% |
| 🇧🇮 Burundi | 3.22% | 2.48% | 13.23% |
| 🇰🇭 Cambodia | 2.67% | 5.81% | 26.43% |
| 🇨🇲 Cameroon | 3.47% | 2.67% | 11.89% |
| 🇨🇦 Canada | 7.7% | 19.03% | 31.55% |
| 🇨🇻 Cape Verde | 3.67% | 5.55% | 32.63% |
| 🇰🇾 Cayman Islands | 6.05% | 8.17% | 28.75% |
| 🇨🇫 Central African Republic | 5.% | 2.51% | 11.43% |
| 🇹🇩 Chad | 4.33% | 2.01% | 9.64% |
| 🇨🇱 Chile | 3.3% | 13.03% | 36.61% |
| 🇨🇳 China | 5.04% | 13.72% | 40.93% |
| 🇨🇴 Colombia | 3.22% | 9.% | 34.49% |
| 🇰🇲 Comoros | 3.8% | 4.28% | 17.81% |
| 🇨🇬 Congo | 3.36% | 2.72% | 11.99% |
| 🇨🇰 Cook Islands | 2.94% | 11.73% | 29.75% |
| 🇨🇷 Costa Rica | 2.97% | 10.83% | 36.99% |
| 🇨🇮 Cote d'Ivoire | 2.21% | 2.4% | 10.86% |
| 🇭🇷 Croatia | 7.82% | 22.36% | 37.03% |
| 🇨🇺 Cuba | 4.36% | 15.81% | 36.31% |
| 🇨🇼 Curacao | 5.82% | 14.95% | 30.46% |
| 🇨🇾 Cyprus | 5.95% | 14.83% | 33.36% |
| 🇨🇿 Czechia | 8.29% | 20.64% | 26.94% |
| 🇨🇩 Democratic Republic of Congo | 3.77% | 2.92% | 10.62% |
| 🇩🇰 Denmark | 9.04% | 20.49% | 30.45% |
| 🇩🇯 Djibouti | 1.99% | 4.54% | 19.68% |
| 🇩🇲 Dominica | 7.67% | 9.53% | 34.28% |
| 🇩🇴 Dominican Republic | 2.72% | 7.4% | 30.47% |
| 🇪🇨 Ecuador | 5.2% | 7.83% | 31.97% |
| 🇪🇬 Egypt | 2.95% | 4.83% | 21.77% |
| 🇸🇻 El Salvador | 3.93% | 8.22% | 36.02% |
| 🇬🇶 Equatorial Guinea | 5.53% | 3.12% | 15.13% |
| 🇪🇷 Eritrea | 3.2% | 4.01% | 19.86% |
| 🇪🇪 Estonia | 10.56% | 20.58% | 34.15% |
| 🇸🇿 Eswatini | 2.68% | 4.% | 16.26% |
| 🇪🇹 Ethiopia | 3.01% | 3.14% | 18.6% |
| 🇫🇴 Faeroe Islands | 7.59% | 17.92% | 26.91% |
| 🇫🇰 Falkland Islands | 8.27% | 11.08% | 35.86% |
| 🇫🇯 Fiji | 5.99% | 5.9% | 20.6% |
| 🇫🇮 Finland | 6.63% | 23.27% | 34.04% |
| 🇫🇷 France | 11.39% | 21.66% | 34.23% |
| 🇬🇫 French Guiana | 7.96% | 5.98% | 21.13% |
| 🇵🇫 French Polynesia | 3.% | 10.07% | 37.85% |
| 🇬🇦 Gabon | 7.21% | 3.89% | 16.25% |
| 🇬🇲 Gambia | 2.5% | 2.43% | 16.06% |
| 🇬🇪 Georgia | 9.35% | 14.61% | 31.19% |
| 🇩🇪 Germany | 9.46% | 22.41% | 33.72% |
| 🇬🇭 Ghana | 4.62% | 3.55% | 15.91% |
| 🇬🇮 Gibraltar | 6.94% | 20.84% | 37.63% |
| 🇬🇷 Greece | 6.8% | 22.82% | 37.52% |
| 🇬🇱 Greenland | 3.06% | 10.02% | 29.16% |
| 🇬🇩 Grenada | 5.12% | 10.07% | 30.54% |
| 🇬🇵 Guadeloupe | 5.51% | 20.04% | 34.45% |
| 🇬🇺 Guam | 1.11% | 11.84% | 31.19% |
| 🇬🇹 Guatemala | 2.31% | 4.91% | 28.05% |
| 🇬🇬 Guernsey | 11.96% | 16.64% | 35.4% |
| 🇬🇳 Guinea | 5.39% | 3.32% | 14.% |
| 🇬🇼 Guinea-Bissau | 3.45% | 2.82% | 14.34% |
| 🇬🇾 Guyana | 3.89% | 6.28% | 28.94% |
| 🇭🇹 Haiti | 3.64% | 4.54% | 19.07% |
| 🇭🇳 Honduras | 3.96% | 4.27% | 26.5% |
| 🇭🇰 Hong Kong | 2.48% | 20.47% | 41.64% |
| 🇭🇺 Hungary | 7.81% | 20.01% | 31.85% |
| 🇮🇸 Iceland | 7.52% | 15.33% | 34.25% |
| 🇮🇳 India | 3.1% | 6.9% | 29.81% |
| 🇮🇩 Indonesia | 1.74% | 6.86% | 25.28% |
| 🇮🇷 Iran | 5.22% | 7.62% | 33.72% |
| 🇮🇶 Iraq | 2.79% | 3.41% | 18.44% |
| 🇮🇪 Ireland | 10.99% | 15.14% | 32.48% |
| 🇮🇲 Isle of Man | 13.9% | 22.29% | 31.8% |
| 🇮🇱 Israel | 4.% | 12.04% | 25.97% |
| 🇮🇹 Italy | 8.09% | 24.05% | 38.19% |
| 🇯🇲 Jamaica | 3.83% | 7.45% | 44.05% |
| 🇯🇵 Japan | 4.89% | 29.92% | 38.7% |
| 🇯🇪 Jersey | 12.34% | 16.22% | 30.52% |
| 🇯🇴 Jordan | 5.03% | 3.84% | 27.3% |
| 🇰🇿 Kazakhstan | 6.47% | 8.04% | 19.58% |
| 🇰🇪 Kenya | 5.28% | 2.87% | 16.98% |
| 🇰🇮 Kiribati | 7.13% | 3.81% | 17.33% |
| 🇽🇰 Kosovo | 5.33% | 10.19% | 43.35% |
| 🇰🇼 Kuwait | 2.88% | 4.93% | 31.56% |
| 🇰🇬 Kyrgyzstan | 7.91% | 4.54% | 21.08% |
| 🇱🇦 Laos | 2.13% | 4.45% | 25.24% |
| 🇱🇻 Latvia | 10.12% | 21.86% | 32.86% |
| 🇱🇧 Lebanon | 7.24% | 9.89% | 32.11% |
| 🇱🇸 Lesotho | 6.34% | 4.2% | 13.44% |
| 🇱🇷 Liberia | 2.97% | 3.31% | 13.88% |
| 🇱🇾 Libya | 5.21% | 4.86% | 27.77% |
| 🇱🇮 Liechtenstein | 7.89% | 19.37% | 34.79% |
| 🇱🇹 Lithuania | 8.65% | 20.8% | 32.79% |
| 🇱🇺 Luxembourg | 9.71% | 15.03% | 31.55% |
| 🇲🇴 Macao | 3.11% | 13.% | 32.39% |
| 🇲🇬 Madagascar | 3.25% | 3.35% | 16.21% |
| 🇲🇼 Malawi | 3.06% | 2.61% | 15.61% |
| 🇲🇾 Malaysia | 4.91% | 7.5% | 30.78% |
| 🇲🇻 Maldives | 3.14% | 4.78% | 35.61% |
| 🇲🇱 Mali | 2.78% | 2.38% | 11.% |
| 🇲🇹 Malta | 7.42% | 19.13% | 38.26% |
| 🇲🇭 Marshall Islands | 5.68% | 4.56% | 17.8% |
| 🇲🇶 Martinique | 5.85% | 22.77% | 37.31% |
| 🇲🇷 Mauritania | 1.44% | 3.22% | 15.03% |
| 🇲🇺 Mauritius | 3.18% | 12.79% | 33.76% |
| 🇾🇹 Mayotte | 6.61% | 2.88% | 18.15% |
| 🇲🇽 Mexico | 2.99% | 8.32% | 34.88% |
| 🇫🇲 Micronesia (country) | 4.11% | 6.16% | 27.59% |
| 🇲🇩 Moldova | 7.56% | 12.98% | 26.36% |
| 🇲🇨 Monaco | 15.64% | 35.92% | 30.16% |
| 🇲🇳 Mongolia | 3.87% | 4.61% | 26.18% |
| 🇲🇪 Montenegro | 7.85% | 16.55% | 34.16% |
| 🇲🇸 Montserrat | 7.92% | 17.7% | 33.05% |
| 🇲🇦 Morocco | 2.86% | 7.72% | 29.97% |
| 🇲🇿 Mozambique | 3.13% | 2.57% | 13.43% |
| 🇲🇲 Myanmar | 3.21% | 6.82% | 23.69% |
| 🇳🇦 Namibia | 4.1% | 3.97% | 15.38% |
| 🇳🇷 Nauru | 8.98% | 2.5% | 15.87% |
| 🇳🇵 Nepal | 2.74% | 6.09% | 29.51% |
| 🇳🇱 Netherlands | 7.76% | 20.31% | 32.89% |
| 🇳🇨 New Caledonia | 5.% | 11.02% | 31.61% |
| 🇳🇿 New Zealand | 9.09% | 16.31% | 33.2% |
| 🇳🇮 Nicaragua | 2.71% | 5.29% | 28.92% |
| 🇳🇪 Niger | .92% | 2.4% | 9.76% |
| 🇳🇬 Nigeria | 3.% | 2.97% | 12.31% |
| 🇳🇺 Niue | 4.79% | 15.16% | 22.55% |
| 🇰🇵 North Korea | 2.72% | 11.71% | 30.49% |
| 🇲🇰 North Macedonia | 5.87% | 14.91% | 36.56% |
| 🇲🇵 Northern Mariana Islands | 2.95% | 10.81% | 32.09% |
| 🇳🇴 Norway | 9.52% | 18.44% | 31.65% |
| 🇴🇲 Oman | 3.05% | 2.76% | 23.96% |
| 🇵🇰 Pakistan | 5.48% | 4.27% | 17.23% |
| 🇵🇼 Palau | 8.59% | 9.93% | 21.48% |
| 🇵🇸 Palestine | 4.77% | 3.53% | 23.44% |
| 🇵🇦 Panama | 3.57% | 8.77% | 30.03% |
| 🇵🇬 Papua New Guinea | 1.09% | 3.19% | 16.81% |
| 🇵🇾 Paraguay | 3.73% | 6.26% | 26.51% |
| 🇵🇪 Peru | 3.43% | 8.41% | 30.33% |
| 🇵🇭 Philippines | 3.56% | 5.44% | 23.38% |
| 🇵🇱 Poland | 5.22% | 18.55% | 35.69% |
| 🇵🇹 Portugal | 7.% | 22.9% | 36.28% |
| 🇵🇷 Puerto Rico | 3.63% | 22.93% | 48.9% |
| 🇶🇦 Qatar | 3.5% | 1.52% | 15.01% |
| 🇷🇪 Reunion | 3.81% | 13.28% | 32.4% |
| 🇷🇴 Romania | 7.16% | 18.64% | 32.22% |
| 🇷🇺 Russia | 4.8% | 15.8% | 27.86% |
| 🇷🇼 Rwanda | 2.76% | 3.2% | 17.36% |
| 🇧🇱 Saint Barthlemy | 7.3% | 10.61% | 43.89% |
| 🇸🇭 Saint Helena | 8.63% | 28.66% | 32.61% |
| 🇰🇳 Saint Kitts and Nevis | 5.36% | 10.13% | 29.79% |
| 🇱🇨 Saint Lucia | 3.59% | 9.23% | 33.39% |
| 🇲🇫 Saint Martin (French part) | 4.47% | 11.14% | 30.08% |
| 🇵🇲 Saint Pierre and Miquelon | 6.34% | 17.32% | 33.4% |
| 🇻🇨 Saint Vincent and the Grenadines | 7.71% | 10.86% | 32.34% |
| 🇼🇸 Samoa | 2.52% | 5.22% | 18.75% |
| 🇸🇲 San Marino | 10.15% | 20.47% | 35.73% |
| 🇸🇹 Sao Tome and Principe | 3.92% | 3.76% | 15.6% |
| 🇸🇦 Saudi Arabia | 3.32% | 2.81% | 30.28% |
| 🇸🇳 Senegal | 3.42% | 3.14% | 16.54% |
| 🇷🇸 Serbia | 6.15% | 20.56% | 37.55% |
| 🇸🇨 Seychelles | 10.68% | 8.16% | 28.84% |
| 🇸🇱 Sierra Leone | 3.02% | 3.14% | 15.52% |
| 🇸🇬 Singapore | 2.29% | 15.12% | 36.51% |
| 🇸🇽 Sint Maarten (Dutch part) | 12.03% | 10.57% | 34.51% |
| 🇸🇰 Slovakia | 6.63% | 16.98% | 33.4% |
| 🇸🇮 Slovenia | 7.52% | 20.96% | 33.59% |
| 🇸🇧 Solomon Islands | 4.03% | 3.47% | 15.29% |
| 🇸🇴 Somalia | 2.6% | 2.57% | 10.75% |
| 🇿🇦 South Africa | 4.06% | 5.89% | 20.55% |
| 🇰🇷 South Korea | 2.74% | 17.49% | 44.44% |
| 🇸🇸 South Sudan | 3.48% | 2.89% | 13.11% |
| 🇪🇸 Spain | 7.23% | 20.27% | 38.72% |
| 🇱🇰 Sri Lanka | 8.76% | 11.54% | 35.73% |
| 🇸🇩 Sudan | 3.03% | 3.5% | 13.28% |
| 🇸🇷 Suriname | 4.09% | 7.39% | 25.8% |
| 🇸🇪 Sweden | 10.19% | 20.25% | 31.83% |
| 🇨🇭 Switzerland | 9.49% | 19.31% | 32.61% |
| 🇸🇾 Syria | 7.66% | 4.68% | 24.62% |
| 🇹🇼 Taiwan | 2.11% | 16.71% | 37.32% |
| 🇹🇯 Tajikistan | 4.34% | 3.47% | 19.43% |
| 🇹🇿 Tanzania | 2.2% | 3.1% | 14.97% |
| 🇹🇭 Thailand | 3.21% | 15.21% | 39.17% |
| 🇹🇱 Timor | 3.14% | 5.21% | 25.42% |
| 🇹🇬 Togo | 4.29% | 3.13% | 11.77% |
| 🇹🇰 Tokelau | 4.7% | 8.66% | 25.03% |
| 🇹🇴 Tonga | 4.6% | 6.22% | 21.65% |
| 🇹🇹 Trinidad and Tobago | 3.93% | 11.52% | 32.67% |
| 🇹🇳 Tunisia | 4.4% | 9.02% | 31.24% |
| 🇹🇷 Turkey | 3.77% | 8.64% | 33.9% |
| 🇹🇲 Turkmenistan | 5.84% | 5.15% | 21.55% |
| 🇹🇨 Turks and Caicos Islands | 5.79% | 10.34% | 28.25% |
| 🇹🇻 Tuvalu | 4.98% | 6.48% | 16.15% |
| 🇺🇬 Uganda | 2.87% | 1.69% | 14.33% |
| 🇺🇦 Ukraine | 7.54% | 18.81% | 33.2% |
| 🇦🇪 United Arab Emirates | 3.35% | 1.83% | 15.77% |
| 🇬🇧 United Kingdom | 10.84% | 19.17% | 32.56% |
| 🇺🇸 United States | 8.18% | 17.13% | 30.47% |
| 🇻🇮 United States Virgin Islands | 7.54% | 20.42% | 39.11% |
| 🇺🇾 Uruguay | 8.23% | 15.58% | 35.98% |
| 🇺🇿 Uzbekistan | 5.87% | 5.14% | 22.24% |
| 🇻🇺 Vanuatu | 5.65% | 3.74% | 16.29% |
| 🇻🇪 Venezuela | 2.29% | 8.61% | 27.71% |
| 🇻🇳 Vietnam | 4.13% | 9.12% | 30.02% |
| 🇼🇫 Wallis and Futuna | 1.76% | 13.47% | 32.98% |
| 🇪🇭 Western Sahara | 2.82% | 5.84% | 23.73% |
| 🇾🇪 Yemen | 3.98% | 2.66% | 18.25% |
| 🇿🇲 Zambia | 2.76% | 1.75% | 12.66% |
| 🇿🇼 Zimbabwe | 3.18% | 3.32% | 14.22% |
| 🌐 World | 5.13% | 9.82% | 24.03% |
Some of the places with high elderly shares today include high-income countries like Japan (30%), Italy (24%), and Finland (23%).
The lowest shares are concentrated in the Middle East and Africa. Many countries have just 2% of their population aged 65 years and older, such as Qatar, Uganda, and Afghanistan.
But over time, almost all countries are expected to see their older population segments grow. In just three decades, it is estimated that one-in-four European, North American, and Asian residents will be over 65 years of age.
By 2100, a variety of Asian countries and island nations facing low population growth are expected to see more than one-third of their populations aged 65 years or older, including South Korea and Jamaica at 44%. However, it’s actually Albania that’s the biggest outlier overall, with a projected 49% of its population to be aged 65 and older by 2100.
Passing the Generational Torch
The challenge of an aging population is set to impact all sectors of society, including labor and financial markets, demand for housing and transportation, and especially family structures and intergenerational ties.
One way to help grasp the nature of transition is to note the changing ratio between seniors and young children in the world population, as seen in the below crossover diagram:
Dropping fertility rates, in addition to improved child and infant mortality rates, are known to have played a major role in the plateauing population of children.
However, not all countries have witnessed this crossover yet, as it usually coincides with higher levels of economic development.
As countries such as India, Brazil, and South Africa reach higher levels of per capita income, they will be likely to follow down the paths of more advanced economies, eventually experiencing similar demographic fates and challenges.
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Countries
Charted: The World’s Biggest Oil Producers
Just three countries—the U.S., Saudi Arabia and Russia—make up the lion’s share of global oil supply. Here are the biggest oil producers in 2022.
Charted: The World’s Biggest Oil Producers in 2022
In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the Russian invasion of Ukraine.
Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost.
But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, we’ve visualized and ranked the world’s biggest oil producers.
Ranked: Oil Production By Country, in 2022
The U.S. has been the world’s biggest oil producer since 2018 and continued its dominance in 2022 by producing close to 18 million barrels per day (B/D). This accounted for nearly one-fifth of the world’s oil supply.
Almost three-fourths of the country’s oil production is centered around five states: Texas, New Mexico, North Dakota, Alaska, and Colorado.
We rank the other major oil producers in the world below.
| Rank | Country | 2022 Production (Thousand B/D) | YoY Change | Share of World Supply |
|---|---|---|---|---|
| 1 | 🇺🇸 U.S. | 17,770 | +6.5% | 18.9% |
| 2 | 🇸🇦 Saudi Arabia | 12,136 | +10.8% | 12.9% |
| 3 | 🇷🇺 Russia | 11,202 | +1.8% | 11.9% |
| 4 | 🇨🇦 Canada | 5,576 | +3.0% | 5.9% |
| 5 | 🇮🇶 Iraq | 4,520 | +10.2% | 4.8% |
| 6 | 🇨🇳 China | 4,111 | +2.9% | 4.4% |
| 7 | 🇦🇪 UAE | 4,020 | +10.4% | 4.3% |
| 8 | 🇮🇷 Iran | 3,822 | +4.6% | 4.1% |
| 9 | 🇧🇷 Brazil | 3,107 | +3.9% | 3.3% |
| 10 | 🇰🇼 Kuwait | 3,028 | +12.0% | 3.2% |
| 11 | 🇲🇽 Mexico | 1,944 | +0.9% | 2.1% |
| 12 | 🇳🇴 Norway | 1,901 | -6.3% | 2.0% |
| 13 | 🇰🇿 Kazakhstan | 1,769 | -2.0% | 1.9% |
| 14 | 🇶🇦 Qatar | 1,768 | +1.8% | 1.9% |
| 15 | 🇩🇿 Algeria | 1,474 | +8.9% | 1.6% |
| 16 | 🇳🇬 Nigeria | 1,450 | -11.2% | 1.5% |
| 17 | 🇦🇴 Angola | 1,190 | +1.1% | 1.3% |
| 18 | 🇱🇾 Libya | 1,088 | -14.3% | 1.2% |
| 19 | 🇴🇲 Oman | 1,064 | +9.6% | 1.1% |
| 20 | 🇬🇧 UK | 778 | -11.0% | 0.8% |
| 21 | 🇨🇴 Colombia | 754 | +2.4% | 0.8% |
| 22 | 🇮🇳 India | 737 | -3.8% | 0.8% |
| 23 | 🇻🇪 Venezuela | 731 | +8.1% | 0.8% |
| 24 | 🇦🇷 Argentina | 706 | +12.4% | 0.8% |
| 25 | 🇦🇿 Azerbaijan | 685 | -5.6% | 0.7% |
| 26 | 🇮🇩 Indonesia | 644 | -6.9% | 0.7% |
| 27 | 🇪🇬 Egypt | 613 | +0.8% | 0.7% |
| 28 | 🇲🇾 Malaysia | 567 | -1.7% | 0.6% |
| 29 | 🇪🇨 Ecuador | 481 | +1.7% | 0.5% |
| 30 | 🇦🇺 Australia | 420 | -5.2% | 0.4% |
| 31 | 🇹🇭 Thailand | 331 | -17.5% | 0.4% |
| 32 | 🇨🇩 Congo | 269 | -1.7% | 0.3% |
| 33 | 🇹🇲 Turkmenistan | 244 | +1.0% | 0.3% |
| 34 | 🇻🇳 Vietnam | 194 | -1.2% | 0.2% |
| 35 | 🇬🇦 Gabon | 191 | +5.4% | 0.2% |
| 36 | 🇸🇸 South Sudan | 141 | -7.6% | 0.2% |
| 37 | 🇵🇪 Peru | 128 | +0.5% | 0.1% |
| 38 | 🇹🇩 Chad | 124 | +6.2% | 0.1% |
| 39 | 🇬🇶 Equatorial Guinea | 119 | -9.2% | 0.1% |
| 40 | 🇸🇾 Syria | 93 | -2.7% | 0.1% |
| 41 | 🇮🇹 Italy | 92 | -7.9% | 0.1% |
| 42 | 🇧🇳 Brunei | 92 | -13.8% | 0.1% |
| 43 | 🇾🇪 Yemen | 81 | -2.4% | 0.1% |
| 44 | 🇹🇹 Trinidad & Tobago | 74 | -3.6% | 0.1% |
| 45 | 🇷🇴 Romania | 65 | -6.2% | 0.1% |
| 46 | 🇩🇰 Denmark | 65 | -1.6% | 0.1% |
| 47 | 🇺🇿 Uzbekistan | 63 | -0.9% | 0.1% |
| 48 | 🇸🇩 Sudan | 62 | -3.3% | 0.1% |
| 49 | 🇹🇳 Tunisia | 40 | -12.9% | 0.0% |
| 50 | Other CIS | 43 | +4.4% | 0.0% |
| 51 | Other Middle East | 210 | +1.2% | 0.2% |
| 52 | Other Africa | 283 | -3.4% | 0.3% |
| 53 | Other Europe | 230 | -20.5% | 0.2% |
| 54 | Other Asia Pacific | 177 | -10.6% | 0.2% |
| 55 | Other S. & Cent. America | 381 | +68.5% | 0.4% |
| Total World | 93,848 | +4.2% | 100.0% |
Behind America’s considerable lead in oil production, Saudi Arabia (ranked 2nd) produced 12 million B/D, accounting for about 13% of global supply.
Russia came in third with 11 million B/D in 2022. Together, these top three oil producing behemoths, along with Canada (4th) and Iraq (5th), make up more than half of the entire world’s oil supply.
Meanwhile, the top 10 oil producers, including those ranked 6th to 10th—China, UAE, Iran, Brazil, and Kuwait—are responsible for more than 70% of the world’s oil production.
Notably, all top 10 oil giants increased their production between 2021–2022, and as a result, global output rose 4.2% year-on-year.
Major Oil Producing Regions in 2022
The Middle East accounts for one-third of global oil production and North America makes up almost another one-third of production. The Commonwealth of Independent States—an organization of post-Soviet Union countries—is another major regional producer of oil, with a 15% share of world production.
| Region | 2022 Production (Thousand B/D) | YoY Change | Share of World Supply |
|---|---|---|---|
| Middle East | 30,743 | +9.2% | 32.8% |
| North America | 25,290 | +5.3% | 27.0% |
| CIS | 14,006 | +0.9% | 14.9% |
| Africa | 7,043 | -3.5% | 7.5% |
| Asia Pacific | 7,273 | -1.4% | 7.8% |
| South & Central America | 6,361 | 7.2% | 6.8% |
| Europe | 3,131 | -8.6% | 3.3% |
What’s starkly apparent in the data however is Europe’s declining share of oil production, now at 3% of the world’s supply. In the last 20 years the EU’s oil output has dropped by more than 50% due to a variety of factors, including stricter environmental regulations and a shift to natural gas.
Another lens to look at regional production is through OPEC members, which control about 35% of the world’s oil output and about 70% of the world’s oil reserves.
When taking into account the group of 10 oil exporting countries OPEC has relationships with, known as OPEC+, the share of oil production increases to more than half of the world’s supply.
Oil’s Big Balancing Act
Since it’s the very lifeblood of the modern economy, the countries that control significant amounts of oil production also reap immense political and economic benefits. Entire regions have been catapulted into prosperity and wars have been fought over the control of the resource.
At the same time, the ongoing effort to pivot to renewable energy is pushing many major oil exporters to diversify their economies. A notable example is Saudi Arabia, whose sovereign wealth fund has invested in companies like Uber and WeWork.
However, the world still needs oil, as it supplies nearly one-third of global energy demand.
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