Libya vs Russia: Oil reserves
Libya
7.69 billion cubic meters
in 2021
Russia
12.72 billion cubic meters
in 2021
Libya rank
9th
Russia rank
8th
Oil reserves over time
- Libya
- Russia
How they compare
Russia currently reports 12.72 billion cubic meters against 7.69 billion cubic meters in Libya, a difference of 5.03 billion cubic meters.
That makes Russia's figure about 1.7 times Libya's.
Across all 25 years both countries report, Russia has been ahead every year.
Libya ranks 9th and Russia ranks 8th of 215 countries.
Russia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Libya | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.69 billion cubic meters | 7.72 billion cubic meters | 3.03 billion cubic meters | Russia |
| 2000s | 5.70 billion cubic meters | 8.99 billion cubic meters | 3.29 billion cubic meters | Russia |
| 2010s | 7.57 billion cubic meters | 11.77 billion cubic meters | 4.20 billion cubic meters | Russia |
| 2020s | 7.69 billion cubic meters | 12.72 billion cubic meters | 5.03 billion cubic meters | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, Libya or Russia?
- Russia, at 12.72 billion cubic meters against 7.69 billion cubic meters in Libya as of 2021.
- What is the difference in oil reserves between Libya and Russia?
- 5.03 billion cubic meters, with Russia ahead.
- How many years of comparable data are there for Libya and Russia?
- 25 years are reported by both, from 1997 to 2021.
- How do Libya and Russia rank globally for oil reserves?
- Libya ranks 9th and Russia ranks 8th 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.