In 2020, the production value of the oil and gas industry in Brazil is forecast to decrease by 17 percent in comparison to the previous year, the result of a drop in crude oil production value. In the natural gas segment, the value of production is expected to increase in both 2020 and 2021.
For 2021, the oil and gas sector's production value is expected to increase again, when compared to 2020, but should still remain nearly 13 percent below the value reported in 2019. These results are mainly associated with the expected behavior of international oil prices and policies.
Oil and natural gas production value in Brazil from 2019 to 2021
(in billion Brazilian reals)
Figures were calculated by the Inter-American Development Bank, based on data from OPEC, IMF and Brazil's Central Bank "Focus Report".
Figures have been rounded.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Inter-American Development Bank. (August 26, 2020). Oil and natural gas production value in Brazil from 2019 to 2021 (in billion Brazilian reals) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/
Inter-American Development Bank. "Oil and natural gas production value in Brazil from 2019 to 2021 (in billion Brazilian reals)." Chart. August 26, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/
Inter-American Development Bank. (2020). Oil and natural gas production value in Brazil from 2019 to 2021 (in billion Brazilian reals). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/
Inter-American Development Bank. "Oil and Natural Gas Production Value in Brazil from 2019 to 2021 (in Billion Brazilian Reals)." Statista, Statista Inc., 26 Aug 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/
Inter-American Development Bank, Oil and natural gas production value in Brazil from 2019 to 2021 (in billion Brazilian reals) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/ (last visited November 13, 2024)
Oil and natural gas production value in Brazil from 2019 to 2021 (in billion Brazilian reals) [Graph], Inter-American Development Bank, August 26, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1169584/oil-gas-production-value-brazil/
