Oil Consumption Trends in Indonesia 2014-2024

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Erlina Fury Santika 01/10/2025 18:54 WIB

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The Ministry of Energy and Mineral Resources compiled Indonesia's end-use petroleum consumption volume for the period 2014-2024.

Indonesia's Final Petroleum Consumption Volume (2014-2024)

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Indonesia's Final Petroleum Consumption Volume (2014-2024)

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From 2014-2024, the final consumption volume of oil fuel in Indonesia consistently recorded above 200 million barrels of oil equivalent (BOE) per year.

The data is sourced from the Handbook of Energy and Economic Statistic of Indonesia 2024, published by the Ministry of Energy and Mineral Resources (ESDM).

In 2014, Indonesia's final crude oil consumption volume reached 363.71 million BOE. This was the highest usage in the last decade.

After that, consumption was dominated by a decline. A significant drop occurred in 2019, falling to 262 million BOE, a decrease of 58.75 million BOE from 320.7 million BOE in 2018.

The downward trend continued in 2020, reaching 222.34 million BOE. This marked the lowest usage during that period.

Although it briefly increased in 2021-2022, the consumption volume remained in the range of 230 million-262 million BOE until the end of 2024.

The Ministry of ESDM noted that this final consumption data refers to the volume purely used for energy needs by end-users, such as households, transportation, industry, and commercial sectors. It does not include usage as raw material.

(Also read: Indonesia's Final Natural Gas Consumption in 2024 Lowest in a Decade)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Oil Consumption Trends in Indonesia 2014-2024

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