Australia vs Colombia: Oil reserves
Oil reserves over time
- Australia
- Colombia
How they compare
Australia currently reports 388.88 million cubic meters against 323.70 million cubic meters in Colombia, a difference of 65.19 million cubic meters.
That makes Australia's figure about 1.2 times Colombia's.
The two have swapped places 8 times across 42 shared years of data; in 1980 it was Australia ahead.
Australia ranks 35th and Colombia ranks 36th of 215 countries.
Across the 5 decades both report, Australia averaged higher in 4 and Colombia in 1.
Head to head by decade
| Decade | Australia | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 276.08 million cubic meters | 157.06 million cubic meters | 119.02 million cubic meters | Australia |
| 1990s | 283.30 million cubic meters | 396.45 million cubic meters | 113.15 million cubic meters | Colombia |
| 2000s | 378.55 million cubic meters | 276.35 million cubic meters | 102.20 million cubic meters | Australia |
| 2010s | 318.41 million cubic meters | 318.33 million cubic meters | 77,400 cubic meters | Australia |
| 2020s | 388.88 million cubic meters | 317.66 million cubic meters | 71.23 million cubic meters | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, Australia or Colombia?
- Australia, at 388.88 million cubic meters against 323.70 million cubic meters in Colombia as of 2021.
- What is the difference in oil reserves between Australia and Colombia?
- 65.19 million cubic meters, with Australia ahead.
- How many years of comparable data are there for Australia and Colombia?
- 42 years are reported by both, from 1980 to 2021.
- How do Australia and Colombia rank globally for oil reserves?
- Australia ranks 35th and Colombia ranks 36th of 215 countries.
- Where does this data come from?
- U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as Oil reserves. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Proved reserves, measured in cubic meters, are generally those quantities that can be recovered in the future from known reservoirs under existing economic and operating conditions, according to geological and engineering information. Includes crude oil and lease condensate.