Spare capacity share of demand

Effective global spare oil production capacity expressed as a percentage of global oil demand.

Unit Percent Industry Oil and Gas

Records
1
Regions
1
Period
2023
Sources
1
Verification 1 verified data points Verified 15 Sep 2026 Next update Sources typically refresh annually

The chart

The figure

One published observation so far. A chart follows as soon as a second period is published.

Spare capacity share of demand

Global, 2023

1 observation
2.2% Global · 2023 · IEA · full record
Source: IEA · CC BY 4.0 · statorigin.org

Every record

All records

1 record · 1 region · 2023

Spare capacity share of demand: every record, grouped by region, newest first.
Period Value Source Type
Global 1 record
2023 2.2% IEA · 31 Dec 2023 forecast

Primary documents

Sources

1 document. Each links to the publisher's own copy.

Document Publisher Published Data points
Market Report Series: Oil 2018 IEA 1

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StatOrigin. (2026). Spare capacity share of demand. Retrieved from https://statorigin.org/indicators/spare-capacity-share-of-demand