Mexico vs Norway: Oil reserves

Mexico
919.92 million cubic meters
in 2021
Norway
1.29 billion cubic meters
in 2021
Mexico rank
22nd
Norway rank
19th

Oil reserves over time

  • Mexico
  • Norway
02.0B4.0B6.0B8.0B10.0B198020002021

How they compare

Norway currently reports 1.29 billion cubic meters against 919.92 million cubic meters in Mexico, a difference of 371.40 million cubic meters.

That makes Norway's figure about 1.4 times Mexico's.

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

Mexico ranks 22nd and Norway ranks 19th of 216 countries.

Across the 5 decades both report, Mexico averaged higher in 4 and Norway in 1.

Head to head by decade

Decade Mexico Norway Difference Ahead
1980s 7.69 billion cubic meters 1.40 billion cubic meters 6.29 billion cubic meters Mexico
1990s 7.93 billion cubic meters 1.51 billion cubic meters 6.42 billion cubic meters Mexico
2000s 2.76 billion cubic meters 1.40 billion cubic meters 1.37 billion cubic meters Mexico
2010s 1.46 billion cubic meters 983.69 million cubic meters 478.16 million cubic meters Mexico
2020s 919.92 million cubic meters 1.30 billion cubic meters 379.12 million cubic meters Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Mexico or Norway?
Norway, at 1.29 billion cubic meters against 919.92 million cubic meters in Mexico as of 2021.
What is the difference in oil reserves between Mexico and Norway?
371.40 million cubic meters, with Norway ahead.
How many years of comparable data are there for Mexico and Norway?
42 years are reported by both, from 1980 to 2021.
How do Mexico and Norway rank globally for oil reserves?
Mexico ranks 22nd and Norway ranks 19th of 216 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.

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Mexico vs Norway: Oil reserves. Statizoid, drawing on U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://energy.statizoid.com/compare/oil-proved-reserves/mexico/norway/

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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.