2026-08-14 19:41:39
For Americans considering retirement abroad, the same savings can go dramatically different distances depending on the destination.
This graphic maps the estimated cost for Americans to retire comfortably around the world, based on data from NetCredit and Numbeo. Estimates reflect a retirement of 14 years and 8.4 months, based on the average U.S. retirement age and life expectancy, and exclude taxes and healthcare costs.
At an estimated $738,000, the U.S. ranks as the fifth-most expensive country in the dataset for an American to retire comfortably, behind Singapore, Iceland, Switzerland, and Luxembourg.
| Rank | Country | Cost to Retire Comfortably ($USD) |
|---|---|---|
| 1 |
 Singapore |
$1.1M |
| 2 |
 Iceland |
$893K |
| 3 |
 Switzerland |
$859K |
| 4 |
 Luxembourg |
$794K |
| 5 |
 United States |
$738K |
| 6 |
 Ireland |
$702K |
| 7 |
 UAE |
$684K |
| 8 |
 Netherlands |
$663K |
| 9 |
 Israel |
$642K |
| 10 |
 United Kingdom |
$627K |
| 11 |
 Denmark |
$625K |
| 12 |
 Norway |
$623K |
| 13 |
 Australia |
$620K |
| 14 |
 Qatar |
$606K |
| 15 |
 Canada |
$598K |
| 16 |
 Costa Rica |
$556K |
| 17 |
 Austria |
$553K |
| 18 |
 Malta |
$551K |
| 19 |
 Belgium |
$534K |
| 20 |
 Germany |
$530K |
| 21 |
 New Zealand |
$527K |
| 22 |
 Cyprus |
$525K |
| 23 |
 Finland |
$520K |
| 24 |
 Sweden |
$508K |
| 25 |
 France |
$496K |
| 26 |
 Italy |
$491K |
| 27 |
 Portugal |
$478K |
| 28 |
 Spain |
$478K |
| 29 |
 Uruguay |
$451K |
| 30 |
 Croatia |
$442K |
| 31 |
 Estonia |
$438K |
| 32 |
 Poland |
$438K |
| 33 |
 Kuwait |
$436K |
| 34 |
 Czech Republic |
$432K |
| 35 |
 Slovenia |
$430K |
| 36 |
 Lithuania |
$429K |
| 37 |
 Latvia |
$427K |
| 38 |
 Trinidad & Tobago |
$427K |
| 39 |
 Slovakia |
$417K |
| 40 |
 South Korea |
$406K |
| 41 |
 Greece |
$406K |
| 42 |
 Japan |
$398K |
| 43 |
 Montenegro |
$395K |
| 44 |
 Albania |
$388K |
| 45 |
 Saudi Arabia |
$362K |
| 46 |
 Turkey |
$361K |
| 47 |
 Moldova |
$360K |
| 48 |
 Serbia |
$359K |
| 49 |
 Mexico |
$356K |
| 50 |
 Taiwan |
$354K |
| 51 |
 Hungary |
$347K |
| 52 |
 Argentina |
$347K |
| 53 |
 Dominican Republic |
$339K |
| 54 |
 Chile |
$338K |
| 55 |
 Romania |
$335K |
| 56 |
 Uzbekistan |
$331K |
| 57 |
 Mauritius |
$330K |
| 58 |
 Ghana |
$324K |
| 59 |
 Nigeria |
$324K |
| 60 |
 Bulgaria |
$324K |
| 61 |
 Tanzania |
$322K |
| 62 |
 Thailand |
$317K |
| 63 |
 Georgia |
$315K |
| 64 |
 South Africa |
$313K |
| 65 |
 Peru |
$305K |
| 66 |
 North Macedonia |
$304K |
| 67 |
 Iran |
$302K |
| 68 |
 Philippines |
$301K |
| 69 |
 Bosnia & Herzegovina |
$299K |
| 70 |
 Venezuela |
$296K |
| 71 |
 Vietnam |
$295K |
| 72 |
 Kazakhstan |
$294K |
| 73 |
 Malaysia |
$292K |
| 74 |
 Iraq |
$290K |
| 75 |
 Ukraine |
$286K |
| 76 |
 Morocco |
$284K |
| 77 |
 Russia |
$281K |
| 78 |
 Ecuador |
$281K |
| 79 |
 China |
$279K |
| 80 |
 Colombia |
$279K |
| 81 |
 Kenya |
$272K |
| 82 |
 Uganda |
$272K |
| 83 |
 Azerbaijan |
$270K |
| 84 |
 Brazil |
$268K |
| 85 |
 Belarus |
$267K |
| 86 |
 Kosovo |
$266K |
| 87 |
 Sri Lanka |
$258K |
| 88 |
 Indonesia |
$254K |
| 89 |
 Tunisia |
$253K |
| 90 |
 Algeria |
$222K |
| 91 |
 Nepal |
$214K |
| 92 |
 Egypt |
$190K |
| 93 |
 Bangladesh |
$190K |
| 94 |
 India |
$189K |
| 95 |
 Pakistan |
$187K |
Costa Rica is also a popular destination for American retirees, combining a well-regarded healthcare system with a territorial tax system that generally does not tax foreign-source income.
The estimated retirement cost is $598,000 in Canada and just $356,000 in Mexico. That means the same modeled retirement in Mexico costs less than half as much as in the U.S.
The gap extends to several popular European destinations. Portugal and Spain both come in at $478,000, roughly $260,000 below the U.S. estimate, while Greece requires an estimated $406,000.
Retirement costs across Europe range from $893,000 in Iceland to $267,000 in Belarus.
Many of the highest estimates are concentrated in Northern and Western Europe. Switzerland ($859K), Luxembourg ($794K), Ireland ($702K), the UK ($627K), and Denmark ($625K) all rank among the more expensive countries in the dataset.
Further south and east, retirement savings can stretch considerably further. The estimated cost falls to $395,000 in Montenegro, $388,000 in Albania, and $335,000 in Romania.
Even within Western Europe, there are sizable differences. Retiring in Portugal or Spain is estimated to cost about 35% less than in the United States.
At the other end of the ranking, just four countries have estimated retirement costs below $200,000.
Pakistan is the cheapest at $187,000, followed closely by India ($189K), Bangladesh ($190K), and Egypt ($190K). Pakistan’s estimate is roughly one-quarter of the $738,000 required in the United States.
Several other large economies also fall below $300,000, including Brazil ($268K), China ($279K), Colombia ($279K), Russia ($281K), Malaysia ($292K), and Vietnam ($295K).
Across the full dataset, the gap between the most and least expensive countries exceeds $900,000, highlighting how strongly local living costs can affect the purchasing power of retirement savings. These figures are not individualized retirement targets and exclude healthcare and taxes, which can significantly affect the cost of retiring abroad.
To learn more about this topic, check out this graphic on the share of Americans receiving Social Security by state.
2026-08-14 11:22:09
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Working-age population measures the share of people ages 15–64, including both economically active and inactive people. A large working-age population can give countries a substantial pool of potential workers, though it should not be confused with employment or labor force participation.
This graphic, created by Harris Saleem, ranks countries with the highest working-age population shares using 2025 data from Worldostats. The age range follows the OECD definition of working-age population.
The table below shows the 15 countries with the highest working-age population percentages.
| Rank | Country | Percentage |
|---|---|---|
| 1 |
Qatar |
83.3% |
| 2 |
UAE |
82.0% |
| 3 |
Kuwait |
78.4% |
| 4 |
 Bahrain |
77.4% |
| 5 |
 Maldives |
75.6% |
| 6 |
Singapore |
75.2% |
| 7 |
Saudi Arabia |
73.1% |
| 8 |
 Jamaica |
73.0% |
| 9 |
 Brunei |
72.5% |
| 10 |
 Bhutan |
72.2% |
| 11 |
 Oman |
72.1% |
| 12 |
South Korea |
70.7% |
| 13 |
Malaysia |
70.3% |
| 14 |
Thailand |
70.2% |
| 15 |
Azerbaijan |
69.7% |
The ranking has a clear geographic pattern, with six of the 15 countries located in the Gulf. Qatar and the UAE occupy the top two spots, while Kuwait and Bahrain also rank among the top five.
Migration is a major factor behind the region’s high percentages. Gulf economies have long attracted large numbers of foreign workers, many of whom migrate specifically for employment and therefore fall within prime working-age years. This helps explain why Qatar, the UAE, Kuwait, Bahrain, Saudi Arabia, and Oman all make the top 15.
In Qatar, foreign workers remain central to the economy even as the government pursues “Qatarization” policies intended to increase nationals’ participation in the workforce. An Economic Research Forum analysis notes that the country’s national population is not large enough to replace its foreign workforce at scale.
Outside the Gulf, the Maldives ranks fifth at 75.6%, narrowly ahead of Singapore at 75.2%. Both countries stand out among a ranking otherwise heavily concentrated in Gulf states.
South Korea, Malaysia, and Thailand also make the top 15, though their shares sit closer to 70%. Over time, aging could put downward pressure on working-age shares in some countries as larger cohorts move into retirement.
To explore another side of global demographic trends, see The 25 Best Countries to Retire in 2025 on the Voronoi app.
2026-08-14 00:57:45
Airline market values span a wide range, from global network carriers to ultra-low-cost operators.
This treemap visualizes the 20 most valuable publicly traded airlines worldwide by market capitalization, using July 2026 data from CompaniesMarketCap. Privately held and state-owned companies are excluded.
Delta ranks as the world’s most valuable airline. In July 2026, its market cap stood at $58.5 billion, more than $18 billion above its nearest competitor, United Airlines.
Founded in 1925, Delta is headquartered in Atlanta, operates more than 5,400 flights every day, and is a founding member of the SkyTeam alliance.
The table below ranks the 20 most valuable airlines based on their market capitalization at the end of July 2026.
| Rank | Airline | Market Cap (billions $) |
|---|---|---|
| 1 |
Delta |
$58.5 |
| 2 |
United |
$40.1 |
| 3 |
Ryanair |
$31.1 |
| 4 |
International Consolidated Airlines |
$23.9 |
| 5 |
Southwest |
$22.3 |
| 6 |
IndiGo |
$21.1 |
| 7 |
Air China |
$18.8 |
| 8 |
Singapore Airlines |
$18.7 |
| 9 |
LATAM |
$15.7 |
| 10 |
China Southern Airlines |
$13.9 |
| 11 |
Lufthansa |
$12.5 |
| 12 |
China Eastern Airlines |
$12.1 |
| 13 |
 Cathay Pacific |
$11.2 |
| 14 |
Qantas |
$10.8 |
| 15 |
American Airlines |
$10.1 |
| 16 |
Turkish Airlines |
$8.9 |
| 17 |
Hainan Airlines |
$8.6 |
| 18 |
ANA |
$8.6 |
| 19 |
Japan Airlines |
$8.1 |
| 20 |
EVA |
$7.0 |
Among the U.S. Big Three, the valuation gap is substantial. United Airlines ranks second globally at $40.1 billion, while American Airlines is valued at $10.1 billion, less than one-fifth of Delta’s market cap.
American Airlines trails its traditional rivals amid lower profitability and a heavier debt load. Southwest Airlines, valued at $22.3 billion, is worth more than twice as much despite operating only within North America.
Ryanair stands out as the highest-valued airline outside the United States. At $31.1 billion, the Irish ultra-low-cost carrier ranks third globally, ahead of major airline groups including IAG and Lufthansa.
The Dublin-headquartered airline carries more passengers and operates more flights than any other European airline.
Ryanair’s low-cost model pairs inexpensive base fares with additional fees for services such as checked luggage and seat selection.
The five most valuable airlines are based in the U.S. or Europe, but Asian carriers occupy 10 of the 20 spots in the ranking.
IndiGo leads the region at $21.1 billion, followed by Air China ($18.8 billion) and Singapore Airlines ($18.7 billion). Four Chinese carriers make the top 20, with a combined market capitalization of more than $53 billion.
Airlines from Hong Kong, Japan, Singapore, and Taiwan also appear in the ranking, highlighting the breadth of Asia’s major aviation market. LATAM Airlines ($15.7 billion) and Qantas ($10.8 billion) are the only airlines from South America and Oceania, respectively, to make the top 20.
To learn more about the record profits of major airlines, check out Despite Headwinds: Airlines on Track for a Record Year on Voronoi.
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2026-08-13 23:44:17
For decades, the 60/40 portfolio has been one of the most widely used models in investing. The idea is simple: hold 60% in equities for growth and 40% in bonds for stability. But recent market conditions have challenged that traditional mix.
Higher inflation, shifting interest rates, and market volatility have led many investors to rethink how they manage risk and diversification.
The optimal World Portfolio has shifted from bond-heavy allocations towards 55% U.S. equities and 45% gold mix in 2025.
This graphic, sponsored by U.S. Money Reserve, is the first of six in our Gold Versus series, showing what gold is really competing against. It shows the optimal asset weights of the World Portfolio over time, using data from Goldman Sachs.
The data shows how the best-performing investment mix for a given level of risk has shifted, based on the optimal asset weights of the World Portfolio.
| Year | U.S. Equity (%) | Non-U.S. Equity (%) | U.S. Bonds (%) | Non-U.S. Bonds (%) | Gold (%) |
|---|---|---|---|---|---|
| 2000 | 55 | 30 | 15 | 0 | 0 |
| 2005 | 17 | 3 | 80 | 0 | 0 |
| 2010 | 0 | 4 | 73 | 0 | 23 |
| 2015 | 18 | 0 | 77 | 0 | 5 |
| 2020 | 27 | 0 | 73 | 0 | 0 |
| 2025 | 55 | 0 | 0 | 0 | 45 |
Source: Goldman Sachs
In 2025, the optimal World Portfolio was made up of 55% U.S. equities and 45% gold. According to the data, this mix would have provided the best return for the level of risk.
This marks a notable shift away from bonds and toward a portfolio built around U.S. equities and gold.
The optimal World Portfolio has shifted across several major market downturns and recessions. Recent downturns in the data period include:
Source: Investopedia
In 2000, just before the Dot-Com Recession, the optimal allocation leaned heavily toward equities, with 55% in U.S. equities and 30% in non-U.S. equities. By 2005, the mix had shifted sharply toward U.S. bonds, which made up 80% of the optimal portfolio.
Gold became a more visible part of the optimal mix in 2010, with 23% gold in the portfolio alongside a 73% allocation to U.S. bonds.
After the COVID-19 Recession, the optimal portfolio changed again. Most recently, the mix has moved away from bonds entirely in 2025, shifting to 55% U.S. equities and 45% gold.
Gold’s role in a portfolio is different from that of stocks or bonds. It does not generate earnings or interest, but it can act as a store of value during periods of uncertainty, inflation, and market volatility.
As a result, gold may be considered a strategic portfolio component, rather than simply a reactionary trade during market stress.
To learn more about how gold can fit into a modern portfolio, U.S. Money Reserve can help investors explore their options.
Explore the countries with the world’s biggest precious metal reserves, including gold, silver, and platinum group metals.
China leads globally, while Africa produces nearly a quarter of the world’s gold.
Central banks gold buying in 2026 shows rising demand from emerging markets amid geopolitical uncertainty.
China, Poland, and Türkiye led global gold buying among central banks.
See how all of the world’s gold, mined and below-ground, would look if it was all amassed and sitting next to the White House.
We show how much gold is in the world—including above and below-ground stock—highlighting how the metal remains exceptionally rare.
2026-08-13 22:11:10
As of August 1, 2026, wildfires and landscape fires have burned 112.3 million hectares of land across the globe, an area roughly the size of South Africa.
This visualization uses data from the Global Wildfire Information System (GWIS) via Our World in Data to show where that burning is concentrated in 2026 as of August 1. The data includes prescribed burns, agricultural burns, and uncontrolled wildfires.
More than half of the world’s burned land so far in 2026 is in Africa.
The data table below shows the land area burned for every country as of August 1, 2026:
| Rank | Country or Territory | Area Burned in Hectares (YTD to Aug 1, 2026) |
Share | Region |
|---|---|---|---|---|
| 1 |
 Democratic Republic of Congo |
13,611,126 | 12.1% | Africa |
| 2 |
Australia |
11,801,650 | 10.5% | Oceania |
| 3 |
 Angola |
7,473,034 | 6.7% | Africa |
| 4 |
 South Sudan |
6,955,022 | 6.2% | Africa |
| 5 |
 Central African Republic |
6,017,881 | 5.4% | Africa |
| 6 |
 Myanmar |
4,325,702 | 3.9% | Asia |
| 7 |
India |
4,029,704 | 3.6% | Asia |
| 8 |
Russia |
3,335,029 | 3.0% | Europe |
| 9 |
 Guinea |
3,250,992 | 2.9% | Africa |
| 10 |
 Zambia |
3,213,687 | 2.9% | Africa |
| 11 |
Venezuela |
2,977,466 | 2.7% | South America |
| 12 |
Nigeria |
2,807,200 | 2.5% | Africa |
| 13 |
Thailand |
2,669,550 | 2.4% | Asia |
| 14 |
 Laos |
2,641,321 | 2.4% | Asia |
| 15 |
United States |
2,371,207 | 2.1% | North America |
| 16 |
China |
2,265,057 | 2.0% | Asia |
| 17 |
Canada |
2,031,754 | 1.8% | North America |
| 18 |
Brazil |
2,030,209 | 1.8% | South America |
| 19 |
 Ethiopia |
1,851,131 | 1.6% | Africa |
| 20 |
Ghana |
1,763,395 | 1.6% | Africa |
| 21 |
 Cambodia |
1,525,312 | 1.4% | Asia |
| 22 |
 Mali |
1,490,698 | 1.3% | Africa |
| 23 |
 Cameroon |
1,435,373 | 1.3% | Africa |
| 24 |
 Chad |
1,309,155 | 1.2% | Africa |
| 25 |
Mexico |
1,264,823 | 1.1% | North America |
| 26 |
 Sudan |
1,203,158 | 1.1% | Africa |
| 27 |
 Senegal |
1,187,591 | 1.1% | Africa |
| 28 |
Tanzania |
1,048,663 | 0.9% | Africa |
| 29 |
Colombia |
891,985 | 0.8% | South America |
| 30 |
 Mozambique |
787,066 | 0.7% | Africa |
| 31 |
South Africa |
784,647 | 0.7% | Africa |
| 32 |
 Sierra Leone |
731,535 | 0.7% | Africa |
| 33 |
 Madagascar |
687,086 | 0.6% | Africa |
| 34 |
 Congo |
677,354 | 0.6% | Africa |
| 35 |
 Burkina Faso |
553,719 | 0.5% | Africa |
| 36 |
 Bolivia |
546,490 | 0.5% | South America |
| 37 |
Argentina |
545,304 | 0.5% | South America |
| 38 |
Uganda |
519,601 | 0.5% | Africa |
| 39 |
Indonesia |
488,365 | 0.4% | Asia |
| 40 |
 Cote d'Ivoire |
451,527 | 0.4% | Africa |
| 41 |
Kazakhstan |
429,520 | 0.4% | Asia |
| 42 |
 Paraguay |
405,669 | 0.4% | South America |
| 43 |
 Benin |
343,416 | 0.3% | Africa |
| 44 |
 Honduras |
320,884 | 0.3% | North America |
| 45 |
Chile |
304,983 | 0.3% | South America |
| 46 |
Vietnam |
283,638 | 0.3% | Asia |
| 47 |
Philippines |
237,168 | 0.2% | Asia |
| 48 |
 Papua New Guinea |
228,440 | 0.2% | Oceania |
| 49 |
 Togo |
208,905 | 0.2% | Africa |
| 50 |
 Nicaragua |
205,306 | 0.2% | North America |
| 51 |
 Guinea-Bissau |
198,497 | 0.2% | Africa |
| 52 |
 Zimbabwe |
191,333 | 0.2% | Africa |
| 53 |
 Cuba |
181,721 | 0.2% | North America |
| 54 |
Spain |
179,677 | 0.2% | Europe |
| 55 |
 Guatemala |
171,398 | 0.2% | North America |
| 56 |
 Botswana |
170,855 | 0.2% | Africa |
| 57 |
 Liberia |
170,428 | 0.2% | Africa |
| 58 |
Nepal |
156,215 | 0.1% | Asia |
| 59 |
Ukraine |
154,202 | 0.1% | Europe |
| 60 |
 Namibia |
145,011 | 0.1% | Africa |
| 61 |
Bangladesh |
143,982 | 0.1% | Asia |
| 62 |
Iran |
119,492 | 0.1% | Asia |
| 63 |
 Gabon |
103,419 | 0.1% | Africa |
| 64 |
Costa Rica |
98,035 | 0.1% | North America |
| 65 |
Algeria |
97,985 | 0.1% | Africa |
| 66 |
 Gambia |
97,664 | 0.1% | Africa |
| 67 |
France |
96,050 | 0.1% | Europe |
| 68 |
 Niger |
87,000 | 0.1% | Africa |
| 69 |
Pakistan |
80,485 | 0.1% | Asia |
| 70 |
Italy |
69,050 | 0.1% | Europe |
| 71 |
Iraq |
65,826 | 0.1% | Asia |
| 72 |
Kenya |
62,459 | 0.1% | Africa |
| 73 |
 Mongolia |
60,447 | 0.1% | Asia |
| 74 |
 Malawi |
57,640 | 0.1% | Africa |
Much of this reflects deliberate seasonal burning. Across sub-Saharan Africa, fire is a long-standing tool for clearing land, managing pasture, and preparing fields for planting. Even so, the scale is striking: Africa has recorded roughly 26 times as much burned area as the United States so far in 2026.
The Democratic Republic of Congo leads all countries with 13.6 million hectares burned, an area roughly the size of England. Angola follows at 7.5 million hectares, South Sudan at 7.0 million, and the Central African Republic at 6.0 million.
Burned-area totals alone do not measure wildfire severity or risk, particularly because the GWIS dataset includes agricultural and prescribed burning. Still, several countries outside the global leaders have experienced significant uncontrolled wildfires in 2026.
Spain has experienced one of the year’s most severe fire seasons. Driven by extreme heat and drought, wildfires had scorched approximately 180,000 hectares as of August 1, an exceptionally high total for this point in the season. A massive fire in Ávila became the largest in Spanish history, and with simultaneous fires raging across France, combined evacuations across both countries surpassed 300,000.
Canada has recorded 2.0 million hectares burned as of August 1, with fires active across multiple provinces. The 2026 season follows the country’s record-breaking 2023 season, which burned approximately 15 million hectares according to Natural Resources Canada, seven times the historic national annual average.
The United States has recorded 2.4 million hectares burned, with Oregon and Washington experiencing some of the most severe ongoing fires. More than 100 large wildfires were actively burning as of early August, driven by drought conditions affecting more than a quarter of the country’s land area.
As four decades of U.S. wildfire data show, the number of fires has declined over time while the total land burned has increased, pointing to fires that are fewer but more intense.
Outside Africa, Australia has recorded the largest burned area at 11.8 million hectares. That ranks second globally behind the Democratic Republic of Congo and accounts for nearly all of Oceania’s 11% share.
The data table below shows a regional breakdown of land area burned in 2026 so far:
| Region | Area Burned in Hectares (YTD to Aug 1, 2026) |
Share |
|---|---|---|
| Africa | 61,870,300 | 55.1% |
| Asia | 19,733,182 | 17.6% |
| Oceania | 12,061,714 | 10.7% |
| South America | 7,813,377 | 7.0% |
| North America | 6,804,905 | 6.1% |
| Europe | 3,992,404 | 3.6% |
| World | 112,275,880 | 100% |
Asia accounts for 18% of global burned land. Myanmar leads the region at 4.3 million hectares, followed by India at 4.0 million. Thailand, Laos, and China each add between 2.3 and 2.7 million hectares.
South America contributes 7% of global burned land, led by Venezuela at 3.0 million hectares and Brazil at 2.0 million. Europe accounts for just 3%, with Russia responsible for most of the region’s 3.3 million-hectare total.
If you enjoyed this graphic, check out How Much CO2 do Wildfires Contribute Globally? on Voronoi.
2026-08-13 20:06:13
The United States is the world’s largest crude oil producer, but several individual states produce volumes comparable to major oil-producing nations.
This visualization ranks major U.S. oil-producing states and federal offshore production alongside leading oil-producing countries. The data comes from the U.S. Energy Information Administration.
Country figures represent average daily crude oil production from January through November, while U.S. state figures are full-year 2025 averages.
Importantly, the U.S. state and federal Gulf of Mexico figures shown here are components of the United States’ 13.58 million barrels per day (mb/d) total. They should therefore be viewed as comparisons of production scale rather than additional production on top of the national figure.
Texas averaged 5.75 million barrels of crude oil per day in 2025, accounting for about 42% of total U.S. crude production.
If it were ranked alongside countries, the state would place fourth, behind the United States, Russia, and Saudi Arabia, while exceeding Canada, Iraq, and China.
| Rank | Country / State | Type | Oil Production (mb/d) |
|---|---|---|---|
| 1 |
United States |
Country | 13.58 |
| 2 |
Russia |
Country | 9.87 |
| 3 |
Saudi Arabia |
Country | 9.51 |
| 4 |
Texas |
U.S. State | 5.75 |
| 5 |
Canada |
Country | 4.94 |
| 6 |
Iraq |
Country | 4.39 |
| 7 |
China |
Country | 4.34 |
| 8 |
Iran |
Country | 4.19 |
| 9 |
United Arab Emirates |
Country | 3.82 |
| 10 |
Brazil |
Country | 3.75 |
| 11 |
Kuwait |
Country | 2.58 |
| 12 |
New Mexico |
U.S. State | 2.24 |
| 13 |
Kazakhstan |
Country | 2.07 |
| 14 |
U.S. Offshore |
U.S. Federal Offshore | 1.90 |
| 15 |
Norway |
Country | 1.85 |
| 16 |
Mexico |
Country | 1.72 |
| 17 |
Nigeria |
Country | 1.61 |
| 18 |
 Libya |
Country | 1.36 |
| 19 |
Qatar |
Country | 1.31 |
| 20 |
North Dakota |
U.S. State | 1.15 |
| 21 |
Algeria |
Country | 1.14 |
| 22 |
Angola |
Country | 1.03 |
| 23 |
Oman |
Country | 1.00 |
| 24 |
Venezuela |
Country | 0.97 |
| 25 |
Argentina |
Country | 0.79 |
| 26 |
Colombia |
Country | 0.75 |
| 27 |
 Guyana |
Country | 0.73 |
| 28 |
United Kingdom |
Country | 0.61 |
| 29 |
India |
Country | 0.60 |
| 30 |
Indonesia |
Country | 0.58 |
| 31 |
Azerbaijan |
Country | 0.56 |
| 32 |
Malaysia |
Country | 0.52 |
| 33 |
Egypt |
Country | 0.51 |
| 34 |
Colorado |
U.S. State | 0.47 |
| 35 |
Ecuador |
Country | 0.44 |
| 36 |
Alaska |
U.S. State | 0.42 |
| 37 |
Oklahoma |
U.S. State | 0.41 |
| 38 |
Wyoming |
U.S. State | 0.29 |
| 39 |
California |
U.S. State | 0.26 |
| 40 |
Australia |
Country | 0.25 |
| 41 |
Congo-Brazzaville |
Country | 0.24 |
| 42 |
Gabon |
Country | 0.24 |
| 43 |
 Turkmenistan |
Country | 0.19 |
| 44 |
Utah |
U.S. State | 0.19 |
| 45 |
Ghana |
Country | 0.18 |
| 46 |
Bahrain |
Country | 0.18 |
| 47 |
Vietnam |
Country | 0.16 |
| 48 |
Thailand |
Country | 0.16 |
| 49 |
Ohio |
U.S. State | 0.14 |
| 50 |
Chad |
Country | 0.13 |
The state’s massive output is closely tied to the Permian Basin, which stretches across West Texas and southeastern New Mexico.
Advances in horizontal drilling and hydraulic fracturing have transformed the basin into one of the world’s most important oil-producing regions.
New Mexico produced an average of 2.24 million barrels per day, enough to rank 12th in this comparison.
That puts the state ahead of major producers including Kazakhstan, Norway, Mexico, and Nigeria. Like Texas, New Mexico has benefited from rapid development in the Permian Basin.
North Dakota is another major contributor, producing 1.15 million barrels per day. At that level, it sits just ahead of Algeria, Angola, Oman, and Venezuela in the ranking.
Federal offshore production in the U.S. Gulf of Mexico averaged 1.90 million barrels per day, placing it between Kazakhstan and Norway in this comparison.
Several other states produce volumes comparable to entire countries. Colorado’s 470,000 barrels per day exceeds Ecuador’s output, while Alaska and Oklahoma each produce more crude than Australia.
Wyoming and California also surpass Australia’s 250,000 barrels per day, while Utah’s production is roughly level with Turkmenistan.
Taken together, these comparisons help illustrate why the United States is the world’s largest crude oil producer. While Texas dominates U.S. output, significant production across New Mexico, federal offshore areas, and other states adds to the country’s global lead.
If you enjoyed today’s post, check out this graphic about U.S. oil independence over time.
