Spare capacity share of demand
RecordSTO-01M2KJ7XC0-54GEVGWHB4-GWGE0D
Global · 2023
IEA projected spare capacity share of demand worldwide at 2.2% in 2023.
Spare capacity share of demand: every country and year, and how it is measured
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- Price volatility on the horizon
- Retrieved
- 15 Sep 2026
- Status
- Verified
What the source says
But by 2023, if investments remain insufficient, the effective global spare capacity cushion falls to only 2.2% of demand, the lowest number since 2007.
Checked: the figure 2.2%is stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
APA
International Energy Agency. (2023). Market Report Series: Oil 2018. Retrieved September 15, 2026, from https://www.iea.org/reports/oil-2018. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0D
Other formats: MLA, Chicago, BibTeX
- MLA
- International Energy Agency. "Market Report Series: Oil 2018." 2023, https://www.iea.org/reports/oil-2018. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0D.
- Chicago
- International Energy Agency. "Market Report Series: Oil 2018." 2023. https://www.iea.org/reports/oil-2018. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0D.
- BibTeX
- @misc{iea2023sparegwge0d, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0D}, note = {Original source: https://www.iea.org/reports/oil-2018. Accessed September 15, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Market Report Series: Oil 2018
- Type
- Report
- Published
- —
- Locator
- Price volatility on the horizon
- Retrieved
- 15 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- CC by 4.0
Verification
- Status
- Verified
- Review protocol
- Editorial review
- Checked on
- 15 September 2026
- Last revision
- 15 September 2026
- Permanent URL
- /stat/stat_01M2KJ7XC054GEVGWHB4GWGE0D