Nigeria vs Russian Federation: Oil reserves

Nigeria
5.87 billion cubic meters
in 2021
Russian Federation
12.72 billion cubic meters
in 2021
Nigeria rank
12th
Russian Federation rank
8th

Oil reserves over time

  • Nigeria
  • Russian Federation
2.5B5.0B7.5B10.0B12.5B198020002021

How they compare

Russian Federation currently reports 12.72 billion cubic meters against 5.87 billion cubic meters in Nigeria, a difference of 6.85 billion cubic meters.

That makes Russian Federation's figure about 2.2 times Nigeria's.

Across all 25 years both countries report, Russian Federation has been ahead every year.

Nigeria ranks 12th and Russian Federation ranks 8th of 212 countries.

Russian Federation has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Nigeria Russian Federation Difference Ahead
1990s 2.90 billion cubic meters 7.72 billion cubic meters 4.82 billion cubic meters Russian Federation
2000s 4.73 billion cubic meters 8.99 billion cubic meters 4.26 billion cubic meters Russian Federation
2010s 5.89 billion cubic meters 11.77 billion cubic meters 5.87 billion cubic meters Russian Federation
2020s 5.87 billion cubic meters 12.72 billion cubic meters 6.85 billion cubic meters Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Nigeria or Russian Federation?
Russian Federation, at 12.72 billion cubic meters against 5.87 billion cubic meters in Nigeria as of 2021.
What is the difference in oil reserves between Nigeria and Russian Federation?
6.85 billion cubic meters, with Russian Federation ahead.
How many years of comparable data are there for Nigeria and Russian Federation?
25 years are reported by both, from 1997 to 2021.
How do Nigeria and Russian Federation rank globally for oil reserves?
Nigeria ranks 12th and Russian Federation ranks 8th of 212 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

Share, cite or embed this page

Cite this page

Nigeria vs Russian Federation: Oil reserves. Statizoid, drawing on U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Retrieved 18 August 2026, from https://energy.statizoid.com/compare/oil-proved-reserves/nigeria/russian-federation/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://energy.statizoid.com/compare/oil-proved-reserves/nigeria/russian-federation/">Nigeria vs Russian Federation: Oil reserves</a> β€” Statizoid

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.