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This means that, without Net Exports, there would be about <strong>174 years of oil left </strong>(at current consumption levels and excluding unproven reserves).</p><div class="row" style="margin-top:50px; margin-bottom:50px"><div class="col-md-12"> <div class="panel panel-default"><div class="panel-heading" style="text-align:center"><span class="panel-title" style="font-size:19px; text-transform:uppercase; font-weight:100">Oil Reserves </span></div><div class="panel-body" style="text-align:center"><span style="font-size:24px; font-weight:bold;">8,423,000,000</span><span style="font-size:15px"> barrels </span><div>Global Rank: <span style="font-size:18px; font-weight:bold"><a href="/oil/oil-reserves-by-country/#angola">18th</a></span> | Share of World: <span style="font-size:18px; font-weight:bold">0.51 %</span></div> <div style="padding-top:40px "><span style="font-size:20px"><strong>174 years </strong>of oil left </span><br><em>(at current consumption levels) </em> </div></div> </div> </div></div> <div style="clear:both; margin-top:60px"></div> <h3>History of Oil Reserves in Angola</h3> <div id="oil-reserves-chart" style="min-width: 310px; height: 400px; margin: 0 auto"></div><script type="text/javascript">Highcharts.setOptions({ lang: { thousandsSep: ',' } }); Highcharts.chart('oil-reserves-chart', { title: { text: 'Proven Oil Reserves' }, subtitle: { text: 'Barrels' }, xAxis: { categories: [ '1980', '1981', '1982', '1983', '1984', '1985', '1986', '1987', '1988', '1989', '1990', '1991', '1992', '1993', '1994', '1995', '1996', '1997', '1998', '1999', '2000', '2001', '2002', '2003', '2004', '2005', '2006', '2007', '2008', '2009', '2010', '2011', '2012', '2013', '2014', '2015', '2016', '2016' ], crosshair: true }, yAxis: { min: 0, title: { text: 'Proven Oil Reserves' } }, credits: { enabled: false }, tooltip: { pointFormat: "{point.y:,.0f} barrels" }, plotOptions: { column: { pointPadding: 0.2, borderWidth: 0 } }, series: [ { type: 'spline', lineWidth: 8, name: 'Reserves of Oil', color: '#b00221', data: [ 1200000000, 1200000000, 1500000000, 1600000000, 1700000000, 1800000000, 2000000000, 1100000000, 1100000000, 2000000000, 2000000000, 2100000000, 1800000000, 1500000000, 1500000000, 5400000000, 5400000000, 5400000000, 5400000000, 5412000000, 5412000000, 5412000000, 5412000000, 5412000000, 5412000000, 5412000000, 5412000000, 8000000000, 9035000000, 9040000000, 9500000000, 9500000000, 9500000000, 10470000000, 9060000000, 9011000000, 8423000000, 8423000000 ] }] });</script><h3 id="oil-consumption">Oil Consumption in Angola </h3><p><em>See also: <a href="/oil/oil-consumption-by-country/"><strong>List of countries by Oil Consumption </strong></a></em></p><div class="spaced"><ul><li>Angola consumes<strong> 133,000 barrels per day </strong> (B/d) of oil as of the year 2016.</li><li>Angola ranks <a href="/oil/oil-consumption-by-country/#angola"><strong>71st</strong></a> in the world for oil consumption, accounting for about<strong> 0.1%</strong> of the <a href="/oil/#oil-consumption">world's total consumption</a> of 97,103,871 barrels per day. </li><li>Angola consumes<strong> 0.19 gallons of oil per capita</strong> every day (based on the 2016 population of 29,183,070 people), or <strong>70 </strong>gallons per capita per year (<strong>2 barrels). </strong><em>[1 barrel = 42 US Gallons]</em></li></ul></div><h3 id="oil-production">Oil Production in Angola </h3><p><em>See also: <a href="/oil/oil-production-by-country/"><strong>List of countries by Oil Production </strong></a></em></p><div class="spaced"><ul><li>Angola <strong>produces 1,796,742.75 barrels per day </strong>of oil (as of 2016) ranking <a href="/oil/oil-production-by-country/#angola"><strong>16th</strong></a> in the world.</li><li>Angola produces every year an amount equivalent to <strong>7.8% of its total proven reserves</strong> (as of 2016).</li></ul></div><h3 id="oil-imports-exports">Oil Exports </h3><div class="spaced"><ul><li>Angola <strong> exports 94% of its oil production</strong> (1,681,354 barrels per day in 2016). </li></ul></div> <div style="clear:both; margin-top:60px"></div> <h3>History of Oil Consumption and Production</h3><div id="oil-cons-prod-chart" style="min-width: 310px; height: 400px; margin: 0 auto; padding-top:50px"></div><script type="text/javascript">Highcharts.setOptions({ lang: { thousandsSep: ',' } }); Highcharts.chart('oil-cons-prod-chart', { chart: { type: 'column' }, title: { text: 'Angola Oil Consumption and Production (barrels per day)' }, xAxis: { categories: [ '1980', '1981', '1982', '1983', '1984', '1985', '1986', '1987', '1988', '1989', '1990', '1991', '1992', '1993', '1994', '1995', '1996', '1997', '1998', '1999', '2000', '2001', '2002', '2003', '2004', '2005', '2006', '2007', '2008', '2009', '2010', '2011', '2012', '2013', '2014', '2016', '2016', '2016' ] }, yAxis: { min: 0, title: { text: 'Oil Consumption and Production' } }, subtitle: { text: 'Barrels per day (B/d)' }, plotOptions: { column: { stacking: 'normal' }, series: { pointPadding: 0.1, groupPadding: 0 } }, credits: {enabled: false}, tooltip: { pointFormat: "{point.y:,.0f} barrels per day" }, series: [ { name: 'Oil Production', color: '#ff8e82', data: [150000, 130000, 122000, 177000, 208000, 231000, 281000, 359000, 451000, 454000, 474000, 499000, 526000, 508000, 535797.2603, 645432.8767, 708184.153, 713208.2192, 734582.1918, 744517.8082, 746113.1126, 741904.1209, 896143.0065, 902304.7217, 1054415.032, 1249228.808, 1419916.863, 1747504.83, 1960206.508, 1886295.219, 1917992.548, 1765027.438, 1796470.18, 1814026.534, 1755755.438, 1796742.754, 1796742.754, 1796742.754] }, { type: 'spline', name: 'Oil Consumption', color: '#b00221', data: [ 20000, 20000, 21000, 22000, 19000, 25000, 23800, 23900, 24000, 24300, 24300, 25500, 25500, 24800, 24500, 26400, 24800, 29800, 25400, 31300, 38701.39235, 43584.75836, 45353.58027, 50687.49699, 54201.45464, 42130.64438, 56786.80767, 67463.39178, 82756.61967, 98669.40822, 104685.3742, 110532.6137, 128552.1574, 139800.9655, 153691.9584, 133000, 133000, 133000 ] } ] });</script> <div class="row"> <div id="pie_oil" style="min-width: 310px; height: 400px; max-width: 600px; margin: 0 auto; padding-top:40px"></div><script type="text/javascript">Highcharts.chart('pie_oil', { chart: { plotBackgroundColor: null, plotBorderWidth: null, plotShadow: false, type: 'pie' }, title: { text: 'Yearly Oil Production (Consumption + Net Exports) as share of Total Proven Reserves' }, credits: {enabled: false}, tooltip: { pointFormat: '<b>{point.percentage:.1f}%</b>' }, plotOptions: { pie: { allowPointSelect: true, cursor: 'pointer', dataLabels: { enabled: true, format: '<b>{point.name}</b>: {point.percentage:.1f} %' } } }, series: [{ name: '', colorByPoint: true, data: [{ name: 'Consumption', color: '#003862', y: 48545000 }, { name: 'Net Exports', color: '#FF9900', y: 613694210 }, { name: 'Proven Reserves Left', color: '#79C6FF', y: 8374455000 }] }] });</script></div> <h3 id="sources">See also</h3><ul> <li><a href="/world-population/angola-population/">Population of Angola</a></li></ul><h3>Sources</h3><ul> <li><a href="https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html">Statistical Review of World Energy</a> - British Petroleum</li> <li><a href="https://www.eia.gov/">U.S. Energy Information Administration (EIA)</a></li></ul> </div></div><div class="col-md-4 adright"><div align="center" data-freestar-ad="__300x600" id="worldometers_siderail_right"> <script data-cfasync="false" type="text/javascript"> freestar.config.enabled_slots.push({ placementName: "worldometers_siderail_right", slotId: "worldometers_siderail_right" }); 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