Papua New Guinea vs Spain: Oil reserves

Papua New Guinea
25.38 million cubic meters
in 2021
Spain
23.85 million cubic meters
in 2021
Papua New Guinea rank
60th
Spain rank
61st

Oil reserves over time

  • Papua New Guinea
  • Spain
020.0M40.0M60.0M198020002021

How they compare

Papua New Guinea currently reports 25.38 million cubic meters against 23.85 million cubic meters in Spain, a difference of 1.54 million cubic meters.

That makes Papua New Guinea's figure about 1.1 times Spain's.

The two have swapped places 3 times across 37 shared years of data; in 1985 it was Spain ahead.

Papua New Guinea ranks 60th and Spain ranks 61st of 212 countries.

Papua New Guinea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Papua New Guinea Spain Difference Ahead
1980s 17.97 million cubic meters 9.47 million cubic meters 8.50 million cubic meters Papua New Guinea
1990s 43.81 million cubic meters 3.59 million cubic meters 40.22 million cubic meters Papua New Guinea
2000s 36.68 million cubic meters 18.07 million cubic meters 18.61 million cubic meters Papua New Guinea
2010s 24.93 million cubic meters 23.85 million cubic meters 1.09 million cubic meters Papua New Guinea
2020s 25.26 million cubic meters 23.85 million cubic meters 1.42 million cubic meters Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Papua New Guinea or Spain?
Papua New Guinea, at 25.38 million cubic meters against 23.85 million cubic meters in Spain as of 2021.
What is the difference in oil reserves between Papua New Guinea and Spain?
1.54 million cubic meters, with Papua New Guinea ahead.
How many years of comparable data are there for Papua New Guinea and Spain?
37 years are reported by both, from 1985 to 2021.
How do Papua New Guinea and Spain rank globally for oil reserves?
Papua New Guinea ranks 60th and Spain ranks 61st 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.

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Papua New Guinea vs Spain: Oil reserves. Statizoid, drawing on U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Retrieved 20 August 2026, from https://energy.statizoid.com/compare/oil-proved-reserves/papua-new-guinea/spain/

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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.