Iran, Islamic Republic of vs Venezuela, Bolivarian Republic of: Oil reserves
Oil reserves over time
- Iran, Islamic Republic of
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 48.30 billion cubic meters against 33.16 billion cubic meters in Iran, Islamic Republic of, a difference of 15.14 billion cubic meters.
That makes Venezuela, Bolivarian Republic of's figure about 1.5 times Iran, Islamic Republic of's.
The two have swapped places 1 time across 42 shared years of data; in 1980 it was Iran, Islamic Republic of ahead.
Iran, Islamic Republic of ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st of 212 countries.
Across the 5 decades both report, Iran, Islamic Republic of averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Iran, Islamic Republic of | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.69 billion cubic meters | 4.66 billion cubic meters | 5.03 billion cubic meters | Iran, Islamic Republic of |
| 1990s | 14.59 billion cubic meters | 10.19 billion cubic meters | 4.40 billion cubic meters | Iran, Islamic Republic of |
| 2000s | 18.34 billion cubic meters | 12.82 billion cubic meters | 5.53 billion cubic meters | Iran, Islamic Republic of |
| 2010s | 24.23 billion cubic meters | 41.67 billion cubic meters | 17.44 billion cubic meters | Venezuela, Bolivarian Republic of |
| 2020s | 28.95 billion cubic meters | 48.22 billion cubic meters | 19.27 billion cubic meters | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, Iran, Islamic Republic of or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 48.30 billion cubic meters against 33.16 billion cubic meters in Iran, Islamic Republic of as of 2021.
- What is the difference in oil reserves between Iran, Islamic Republic of and Venezuela, Bolivarian Republic of?
- 15.14 billion cubic meters, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Venezuela, Bolivarian Republic of?
- 42 years are reported by both, from 1980 to 2021.
- How do Iran, Islamic Republic of and Venezuela, Bolivarian Republic of rank globally for oil reserves?
- Iran, Islamic Republic of ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st of 212 countries.
- Where does this data come from?
- U.S. Energy Information Administration (2022) β 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.