Australia vs Indonesia: Oil reserves

Australia
388.88 million cubic meters
in 2021
Indonesia
394.29 million cubic meters
in 2021
Australia rank
35th
Indonesia rank
34th

Oil reserves over time

  • Australia
  • Indonesia
0500.0M1.0B1.5B2.0B198020002021

How they compare

Indonesia currently reports 394.29 million cubic meters against 388.88 million cubic meters in Australia, a difference of 5.41 million cubic meters.

Across all 42 years both countries report, Indonesia has been ahead every year.

Australia ranks 35th and Indonesia ranks 34th of 215 countries.

Indonesia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Australia Indonesia Difference Ahead
1980s 276.08 million cubic meters 1.43 billion cubic meters 1.15 billion cubic meters Indonesia
1990s 283.30 million cubic meters 1.01 billion cubic meters 722.68 million cubic meters Indonesia
2000s 378.55 million cubic meters 736.44 million cubic meters 357.89 million cubic meters Indonesia
2010s 318.41 million cubic meters 590.65 million cubic meters 272.24 million cubic meters Indonesia
2020s 388.88 million cubic meters 447.55 million cubic meters 58.67 million cubic meters Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Australia or Indonesia?
Indonesia, at 394.29 million cubic meters against 388.88 million cubic meters in Australia as of 2021.
What is the difference in oil reserves between Australia and Indonesia?
5.41 million cubic meters, with Indonesia ahead.
How many years of comparable data are there for Australia and Indonesia?
42 years are reported by both, from 1980 to 2021.
How do Australia and Indonesia rank globally for oil reserves?
Australia ranks 35th and Indonesia ranks 34th 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

Indicator
Oil reserves
Unit
cubic meters
Source
U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
216 places, 8,283 data points, 1980–2021
Last refreshed

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.