Key Market Indicators
Bolivian crude oil production is predicted to reach 2.7 million tonnes of oil equivalent by 2026, up from 2.6 million tonnes in 2021. This is a growth of about 0.4% on average each year since 1976, when there was a drop of 0.8% year on year. In 2021, Bolivia was ranked 45th in the world, with Romania ahead at 2.6 million tonnes. The top three countries were Saudi Arabia, the United States and Iraq.
