Key Market Indicators
Crude oil production in Ecuador is projected to hit 27,610 thousand tonnes of oil equivalent by 2026. This figure is up 0.4% year-on-year from 2021's 26,640 thousand tonnes. However, since 1976, supply has dropped 0.9% annually. In 2021, Qatar topped the list with 26,640 thousand tonnes, while Ecuador was 28th. Saudi Arabia, the United States and Iraq rounded out the top four.
