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Visualized: Oil Versus Democracy – ENERGYminute


These translations are done via Google Translate

Energy, ESG, Oil & Gas, Politics

by Michelle Heath and Aaron Foyer

Courtesy of ENERGYminute  

See more articles and infographics from ENERGYminute HERE

Posts

The Economist Intelligence Unit (EIU) releases an annual study of the state of democracies around the world. Each country receives an individual score and gets classified as either a full democracy, flawed democracy, hybrid regime, or authoritarian regime.

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Oil production from different political regimes

Country Daily Production
(barrels/day)
Democratic Score Democratic Ranking
Canada           5,538,539                              9.24 Full Democracy
Norway           2,030,848                              9.81 Full Democracy
United Kingdom               935,746                              8.54 Full Democracy
Australia               461,132                              8.96 Full Democracy
Germany               188,387                              8.67 Full Democracy
South Korea               108,152                              8.01 Full Democracy
Japan               103,573                              8.13 Full Democracy
United States         18,876,774                              7.92 Flawed Democracy
Brazil           3,689,417                              6.92 Flawed Democracy
Mexico           1,923,657                              6.07 Flawed Democracy
India               891,095                              6.61 Flawed Democracy
Indonesia               858,065                              6.30 Flawed Democracy
Colombia               764,186                              7.04 Flawed Democracy
Argentina               702,330                              6.95 Flawed Democracy
Malaysia               610,948                              7.19 Flawed Democracy
Ecuador               475,641                              6.13 Flawed Democracy
Thailand               460,598                              6.04 Flawed Democracy
Ghana               186,359                              6.50 Flawed Democracy
Nigeria           1,650,393                              4.10 Hybrid Regime
Pakistan                 99,539                              4.31 Hybrid Regime
Turkey                 84,398                              4.48 Hybrid Regime
Saudi Arabia         10,835,341                              2.08 Authoritarian Regime
Russia         10,776,718                              3.31 Authoritarian Regime
China           4,992,695                              2.27 Authoritarian Regime
Iraq           4,149,022                              3.62 Authoritarian Regime
United Arab Emirates           3,785,884                              2.70 Authoritarian Regime
Iran           3,457,532                              2.20 Authoritarian Regime
Kuwait           2,716,896                              3.80 Authoritarian Regime
Kazakhstan           1,867,437                              3.14 Authoritarian Regime
Qatar           1,822,418                              3.24 Authoritarian Regime
Algeria           1,415,979                              3.77 Authoritarian Regime
Libya           1,251,737                              1.95 Authoritarian Regime
Angola           1,196,687                              3.66 Authoritarian Regime
Oman               980,205                              3.00 Authoritarian Regime
Azerbaijan               716,735                              2.68 Authoritarian Regime
Egypt               659,822                              2.93 Authoritarian Regime
Venezuela               613,924                              2.76 Authoritarian Regime
Turkmenistan               238,371                              1.72 Authoritarian Regime
Vietnam               206,047                              2.94 Authoritarian Regime
Bahrain               188,545                              2.49 Authoritarian Regime
Gabon               174,715                              3.54 Authoritarian Regime
Equatorial Guinea               142,562                              1.92 Authoritarian Regime

Just 10% of global oil production comes from full democracies, with Canada being the largest producer of the group.

The United States ranks surprisingly amongst flawed democracies due to a low-functioning government and low political culture.

More than half of the world’s oil production comes from authoritarian regimes with Saudi Arabian, Russia and China being the largest producers.

The recent energy crisis sparked by the Ukraine war highlight the geopolitical importance of sourcing energy from friendly nations. Democratic and human rights are included in the social and governance factors of ESG.

Sources:

https://worldpopulationreview.com/country-rankings/democracy-countries



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