Equatorial Guinea vs Ghana: Oil reserves

Equatorial Guinea
174.89 million cubic meters
in 2021
Ghana
104.93 million cubic meters
in 2021
Equatorial Guinea rank
39th
Ghana rank
42nd

Oil reserves over time

  • Equatorial Guinea
  • Ghana
050.0M100.0M150.0M198020002021

How they compare

Equatorial Guinea currently reports 174.89 million cubic meters against 104.93 million cubic meters in Ghana, a difference of 69.95 million cubic meters.

That makes Equatorial Guinea's figure about 1.7 times Ghana's.

The two have swapped places 2 times across 29 shared years of data; in 1993 it was Equatorial Guinea ahead.

Equatorial Guinea ranks 39th and Ghana ranks 42nd of 215 countries.

Equatorial Guinea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Equatorial Guinea Ghana Difference Ahead
1990s 1.53 million cubic meters 1.52 million cubic meters 3,862 cubic meters Equatorial Guinea
2000s 53.80 million cubic meters 2.55 million cubic meters 51.25 million cubic meters Equatorial Guinea
2010s 174.89 million cubic meters 94.68 million cubic meters 80.21 million cubic meters Equatorial Guinea
2020s 174.89 million cubic meters 104.93 million cubic meters 69.95 million cubic meters Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Equatorial Guinea or Ghana?
Equatorial Guinea, at 174.89 million cubic meters against 104.93 million cubic meters in Ghana as of 2021.
What is the difference in oil reserves between Equatorial Guinea and Ghana?
69.95 million cubic meters, with Equatorial Guinea ahead.
How many years of comparable data are there for Equatorial Guinea and Ghana?
29 years are reported by both, from 1993 to 2021.
How do Equatorial Guinea and Ghana rank globally for oil reserves?
Equatorial Guinea ranks 39th and Ghana ranks 42nd 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.