Brazil vs Norway: Oil reserves

Brazil
2.02 billion cubic meters
in 2021
Norway
1.29 billion cubic meters
in 2021
Brazil rank
15th
Norway rank
18th

Oil reserves over time

  • Brazil
  • Norway
0500.0M1.0B1.5B2.0B2.5B198020002021

How they compare

Brazil currently reports 2.02 billion cubic meters against 1.29 billion cubic meters in Norway, a difference of 730.14 million cubic meters.

That makes Brazil's figure about 1.6 times Norway's.

The two have swapped places 1 time across 42 shared years of data; in 1980 it was Norway ahead.

Brazil ranks 15th and Norway ranks 18th of 215 countries.

Across the 5 decades both report, Brazil averaged higher in 3 and Norway in 2.

Head to head by decade

Decade Brazil Norway Difference Ahead
1980s 295.42 million cubic meters 1.40 billion cubic meters 1.11 billion cubic meters Norway
1990s 632.60 million cubic meters 1.51 billion cubic meters 881.93 million cubic meters Norway
2000s 1.58 billion cubic meters 1.40 billion cubic meters 177.62 million cubic meters Brazil
2010s 2.19 billion cubic meters 983.69 million cubic meters 1.21 billion cubic meters Brazil
2020s 2.08 billion cubic meters 1.30 billion cubic meters 779.71 million cubic meters Brazil

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Brazil or Norway?
Brazil, at 2.02 billion cubic meters against 1.29 billion cubic meters in Norway as of 2021.
What is the difference in oil reserves between Brazil and Norway?
730.14 million cubic meters, with Brazil ahead.
How many years of comparable data are there for Brazil and Norway?
42 years are reported by both, from 1980 to 2021.
How do Brazil and Norway rank globally for oil reserves?
Brazil ranks 15th and Norway ranks 18th 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.