Oil reserves by country
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.
Countries reporting
210
Highest
48.30 billion cubic meters
Venezuela
Lowest
0 cubic meters
Antarctica
Median
0 cubic meters
Years covered
42
1980–2021
Data points
8,283
What the numbers show
Oil reserves is currently reported for 210 countries. The highest value is 48.30 billion cubic meters in Venezuela; the lowest is 0 cubic meters in Antarctica.
The median across all reporting countries is 0 cubic meters, and the mean is 1.29 billion cubic meters.
Over the past decade 25 countries rose and 27 fell. The largest increase was in Vietnam (up 633.3%), and the largest decrease in Mauritania (down 80.0%).
Oil reserves: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Venezuela | 48.30 billion cubic meters | 2021 | up 43.9% | volatile |
| 2 | Saudi Arabia | 41.11 billion cubic meters | 2021 | down 2.2% | rising |
| 3 | Iran | 33.16 billion cubic meters | 2021 | up 52.3% | rising |
| 4 | Canada | 27.08 billion cubic meters | 2021 | down 2.8% | volatile |
| 5 | Iraq | 23.06 billion cubic meters | 2021 | up 26.1% | rising |
| 6 | Kuwait | 16.14 billion cubic meters | 2021 | unchanged | rising |
| 7 | United Arab Emirates | 15.55 billion cubic meters | 2021 | unchanged | rising |
| 8 | Russia | 12.72 billion cubic meters | 2021 | up 33.3% | rising |
| 9 | Libya | 7.69 billion cubic meters | 2021 | up 4.2% | rising |
| 10 | United States | 7.49 billion cubic meters | 2020 | up 111.1% | rising |
| 11 | Nigeria | 5.87 billion cubic meters | 2021 | down 0.8% | rising |
| 12 | Kazakhstan | 4.77 billion cubic meters | 2021 | unchanged | volatile |
| 13 | China | 4.14 billion cubic meters | 2021 | up 27.9% | rising |
| 14 | Qatar | 4.01 billion cubic meters | 2021 | down 0.5% | volatile |
| 15 | Brazil | 2.02 billion cubic meters | 2021 | down 1.1% | volatile |
| 16 | Algeria | 1.94 billion cubic meters | 2021 | unchanged | rising |
| 17 | Ecuador | 1.32 billion cubic meters | 2021 | up 27.1% | volatile |
| 18 | Norway | 1.29 billion cubic meters | 2021 | up 43.2% | falling |
| 19 | Angola | 1.24 billion cubic meters | 2021 | down 18.1% | volatile |
| 20 | Azerbaijan | 1.11 billion cubic meters | 2021 | unchanged | rising |
| 21 | Mexico | 919.92 million cubic meters | 2021 | down 44.5% | volatile |
| 22 | Oman | 854.24 million cubic meters | 2021 | down 2.3% | rising |
| 23 | Sudan | 794.94 million cubic meters | 2021 | unchanged | volatile |
| 24 | India | 732.12 million cubic meters | 2021 | down 19.0% | rising |
| 25 | Vietnam | 699.54 million cubic meters | 2021 | up 633.3% | volatile |
| 26 | Malaysia | 572.35 million cubic meters | 2021 | down 10.0% | rising |
| 27 | Egypt | 524.66 million cubic meters | 2021 | down 25.0% | flat |
| 28 | Yemen | 476.96 million cubic meters | 2021 | unchanged | flat |
| 29 | Congo | 458.20 million cubic meters | 2021 | up 44.1% | rising |
| 30 | United Kingdom | 397.47 million cubic meters | 2021 | down 12.5% | volatile |
| 30 | Syria | 397.47 million cubic meters | 2021 | unchanged | rising |
| 30 | Uganda | 397.47 million cubic meters | 2021 | up 150.0% | volatile |
| 33 | Argentina | 394.72 million cubic meters | 2021 | down 0.9% | rising |
| 34 | Indonesia | 394.29 million cubic meters | 2021 | down 37.8% | falling |
| 35 | Australia | 388.88 million cubic meters | 2021 | down 26.3% | rising |
| 36 | Colombia | 323.70 million cubic meters | 2021 | up 7.2% | rising |
| 37 | Gabon | 317.98 million cubic meters | 2021 | unchanged | rising |
| 38 | Chad | 238.48 million cubic meters | 2021 | unchanged | flat |
| 39 | Brunei | 174.89 million cubic meters | 2021 | unchanged | falling |
| 39 | Equatorial Guinea | 174.89 million cubic meters | 2021 | unchanged | volatile |
| 41 | Peru | 136.55 million cubic meters | 2021 | up 61.2% | rising |
| 42 | Ghana | 104.93 million cubic meters | 2021 | unchanged | volatile |
| 43 | Romania | 95.39 million cubic meters | 2021 | unchanged | falling |
| 43 | Turkmenistan | 95.39 million cubic meters | 2021 | unchanged | rising |
| 45 | Uzbekistan | 94.44 million cubic meters | 2021 | unchanged | flat |
| 46 | Pakistan | 85.85 million cubic meters | 2021 | up 72.5% | rising |
| 47 | Italy | 79.17 million cubic meters | 2021 | up 4.5% | falling |
| 48 | Denmark | 70.11 million cubic meters | 2021 | down 45.7% | rising |
| 49 | Tunisia | 67.57 million cubic meters | 2021 | unchanged | volatile |
| 50 | Ukraine | 62.80 million cubic meters | 2021 | unchanged | flat |
| 51 | Turkey | 58.19 million cubic meters | 2021 | up 35.3% | falling |
| 52 | Thailand | 40.18 million cubic meters | 2021 | down 41.9% | volatile |
| 53 | Trinidad and Tobago | 38.63 million cubic meters | 2021 | down 66.6% | falling |
| 54 | Bolivia | 38.30 million cubic meters | 2021 | down 48.2% | volatile |
| 55 | Cameroon | 31.80 million cubic meters | 2021 | unchanged | falling |
| 56 | Belarus | 31.48 million cubic meters | 2021 | unchanged | flat |
| 57 | Bahrain | 29.65 million cubic meters | 2021 | up 49.7% | falling |
| 58 | Democratic Republic of Congo | 28.62 million cubic meters | 2021 | unchanged | rising |
| 59 | Papua New Guinea | 25.38 million cubic meters | 2021 | up 81.4% | falling |
| 60 | Albania | 23.85 million cubic meters | 2021 | down 24.7% | flat |
| 60 | Chile | 23.85 million cubic meters | 2021 | unchanged | volatile |
| 60 | Spain | 23.85 million cubic meters | 2021 | unchanged | volatile |
| 60 | Niger | 23.85 million cubic meters | 2021 | — | volatile |
| 64 | Myanmar | 22.10 million cubic meters | 2021 | up 178.0% | volatile |
| 65 | Philippines | 22.02 million cubic meters | 2021 | unchanged | volatile |
| 66 | Netherlands | 21.90 million cubic meters | 2021 | down 55.6% | falling |
| 67 | Cuba | 19.71 million cubic meters | 2021 | unchanged | volatile |
| 68 | Germany | 18.32 million cubic meters | 2021 | down 58.3% | falling |
| 69 | Poland | 17.97 million cubic meters | 2021 | up 17.3% | rising |
| 70 | Cote d'Ivoire | 15.90 million cubic meters | 2021 | unchanged | falling |
| 71 | Suriname | 14.15 million cubic meters | 2021 | up 12.8% | rising |
| 72 | Guatemala | 13.69 million cubic meters | 2021 | up 3.7% | volatile |
| 73 | Serbia | 12.32 million cubic meters | 2021 | unchanged | flat |
| 74 | Croatia | 11.29 million cubic meters | 2021 | unchanged | falling |
| 75 | France | 9.81 million cubic meters | 2021 | down 32.6% | falling |
| 76 | Japan | 7.01 million cubic meters | 2021 | unchanged | falling |
| 77 | New Zealand | 6.52 million cubic meters | 2021 | down 63.6% | falling |
| 78 | Kyrgyzstan | 6.36 million cubic meters | 2021 | unchanged | flat |
| 79 | Austria | 5.60 million cubic meters | 2021 | down 29.6% | falling |
| 80 | Georgia | 5.56 million cubic meters | 2021 | unchanged | flat |
| 81 | Bangladesh | 4.45 million cubic meters | 2021 | unchanged | volatile |
| 82 | Mauritania | 3.18 million cubic meters | 2021 | down 80.0% | volatile |
| 83 | Bulgaria | 2.38 million cubic meters | 2021 | unchanged | flat |
| 83 | Czechia | 2.38 million cubic meters | 2021 | unchanged | rising |
| 83 | South Africa | 2.38 million cubic meters | 2021 | unchanged | volatile |
| 86 | Israel | 2.02 million cubic meters | 2021 | up 556.2% | volatile |
| 87 | Hungary | 1.92 million cubic meters | 2021 | down 54.5% | volatile |
| 88 | Lithuania | 1.91 million cubic meters | 2021 | unchanged | flat |
| 88 | Tajikistan | 1.91 million cubic meters | 2021 | unchanged | flat |
| 90 | Greece | 1.59 million cubic meters | 2021 | unchanged | volatile |
| 91 | Slovakia | 1.43 million cubic meters | 2021 | unchanged | flat |
| 92 | Benin | 1.27 million cubic meters | 2021 | unchanged | volatile |
| 93 | Belize | 1.07 million cubic meters | 2021 | unchanged | flat |
| 94 | Taiwan | 378,390 cubic meters | 2021 | unchanged | falling |
| 95 | Barbados | 314,477 cubic meters | 2021 | up 10.6% | rising |
| 96 | Jordan | 158,987 cubic meters | 2021 | unchanged | volatile |
| 97 | Morocco | 108,747 cubic meters | 2021 | unchanged | volatile |
| 98 | Ethiopia | 68,047 cubic meters | 2021 | unchanged | flat |
| 99 | Aruba | 0 cubic meters | 2021 | — | flat |
| 99 | Afghanistan | 0 cubic meters | 2021 | — | flat |
| 99 | Armenia | 0 cubic meters | 2021 | — | flat |
| 99 | American Samoa | 0 cubic meters | 2021 | — | flat |
| 99 | Antigua and Barbuda | 0 cubic meters | 2021 | — | flat |
| 99 | Burundi | 0 cubic meters | 2021 | — | flat |
| 99 | Belgium | 0 cubic meters | 2021 | — | flat |
| 99 | Burkina Faso | 0 cubic meters | 2021 | — | flat |
| 99 | Bahamas | 0 cubic meters | 2021 | — | flat |
| 99 | Bosnia and Herzegovina | 0 cubic meters | 2021 | — | flat |
| 99 | Bermuda | 0 cubic meters | 2021 | — | flat |
| 99 | Bhutan | 0 cubic meters | 2021 | — | flat |
| 99 | Botswana | 0 cubic meters | 2021 | — | flat |
| 99 | Central African Republic | 0 cubic meters | 2021 | — | flat |
| 99 | Switzerland | 0 cubic meters | 2021 | — | flat |
| 99 | Comoros | 0 cubic meters | 2021 | — | flat |
| 99 | Cape Verde | 0 cubic meters | 2021 | — | flat |
| 99 | Costa Rica | 0 cubic meters | 2021 | — | flat |
| 99 | Cayman Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Cyprus | 0 cubic meters | 2021 | — | flat |
| 99 | Djibouti | 0 cubic meters | 2021 | — | flat |
| 99 | Dominica | 0 cubic meters | 2021 | — | flat |
| 99 | Dominican Republic | 0 cubic meters | 2021 | — | flat |
| 99 | Eritrea | 0 cubic meters | 2021 | — | flat |
| 99 | Estonia | 0 cubic meters | 2021 | — | flat |
| 99 | Finland | 0 cubic meters | 2021 | — | flat |
| 99 | Fiji | 0 cubic meters | 2021 | — | flat |
| 99 | Faroe Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Gibraltar | 0 cubic meters | 2021 | — | flat |
| 99 | Guinea | 0 cubic meters | 2021 | — | flat |
| 99 | Gambia | 0 cubic meters | 2021 | — | flat |
| 99 | Guinea-Bissau | 0 cubic meters | 2021 | — | flat |
| 99 | Grenada | 0 cubic meters | 2021 | — | flat |
| 99 | Greenland | 0 cubic meters | 2021 | — | flat |
| 99 | Guam | 0 cubic meters | 2021 | — | flat |
| 99 | Guyana | 0 cubic meters | 2021 | — | flat |
| 99 | Hong Kong | 0 cubic meters | 2021 | — | flat |
| 99 | Honduras | 0 cubic meters | 2021 | — | flat |
| 99 | Haiti | 0 cubic meters | 2021 | — | flat |
| 99 | Iceland | 0 cubic meters | 2021 | — | flat |
| 99 | Jamaica | 0 cubic meters | 2021 | — | flat |
| 99 | Kenya | 0 cubic meters | 2021 | — | flat |
| 99 | Cambodia | 0 cubic meters | 2021 | — | flat |
| 99 | Kiribati | 0 cubic meters | 2021 | — | flat |
| 99 | Saint Kitts and Nevis | 0 cubic meters | 2021 | — | flat |
| 99 | South Korea | 0 cubic meters | 2003 | — | flat |
| 99 | Laos | 0 cubic meters | 2021 | — | flat |
| 99 | Lebanon | 0 cubic meters | 2021 | — | flat |
| 99 | Liberia | 0 cubic meters | 2021 | — | flat |
| 99 | Saint Lucia | 0 cubic meters | 2021 | — | flat |
| 99 | Sri Lanka | 0 cubic meters | 2021 | — | flat |
| 99 | Lesotho | 0 cubic meters | 2021 | — | flat |
| 99 | Latvia | 0 cubic meters | 2021 | — | flat |
| 99 | Macao | 0 cubic meters | 2021 | — | flat |
| 99 | Moldova | 0 cubic meters | 2021 | — | flat |
| 99 | Madagascar | 0 cubic meters | 2021 | — | flat |
| 99 | Maldives | 0 cubic meters | 2021 | — | flat |
| 99 | North Macedonia | 0 cubic meters | 2021 | — | flat |
| 99 | Mali | 0 cubic meters | 2021 | — | flat |
| 99 | Montenegro | 0 cubic meters | 2021 | — | flat |
| 99 | Mongolia | 0 cubic meters | 1997 | — | flat |
| 99 | Mozambique | 0 cubic meters | 2021 | — | flat |
| 99 | Mauritius | 0 cubic meters | 2021 | — | flat |
| 99 | Malawi | 0 cubic meters | 2021 | — | flat |
| 99 | Namibia | 0 cubic meters | 2021 | — | flat |
| 99 | New Caledonia | 0 cubic meters | 2021 | — | flat |
| 99 | Nicaragua | 0 cubic meters | 2021 | — | flat |
| 99 | Nepal | 0 cubic meters | 2021 | — | flat |
| 99 | Nauru | 0 cubic meters | 2021 | — | flat |
| 99 | Panama | 0 cubic meters | 2021 | — | flat |
| 99 | Puerto Rico | 0 cubic meters | 2021 | — | flat |
| 99 | North Korea | 0 cubic meters | 2021 | — | flat |
| 99 | Portugal | 0 cubic meters | 2021 | — | flat |
| 99 | Paraguay | 0 cubic meters | 2021 | — | flat |
| 99 | Palestine | 0 cubic meters | 2021 | — | flat |
| 99 | French Polynesia | 0 cubic meters | 2021 | — | flat |
| 99 | Rwanda | 0 cubic meters | 2021 | — | flat |
| 99 | Senegal | 0 cubic meters | 2021 | — | flat |
| 99 | Singapore | 0 cubic meters | 2021 | — | flat |
| 99 | Solomon Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Sierra Leone | 0 cubic meters | 2021 | — | flat |
| 99 | El Salvador | 0 cubic meters | 2021 | — | flat |
| 99 | Somalia | 0 cubic meters | 2021 | — | flat |
| 99 | Sao Tome and Principe | 0 cubic meters | 2021 | — | flat |
| 99 | Slovenia | 0 cubic meters | 2021 | — | flat |
| 99 | Sweden | 0 cubic meters | 2021 | — | flat |
| 99 | Eswatini | 0 cubic meters | 2021 | — | flat |
| 99 | Seychelles | 0 cubic meters | 2021 | — | flat |
| 99 | Turks and Caicos Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Togo | 0 cubic meters | 2021 | — | flat |
| 99 | East Timor | 0 cubic meters | 2021 | — | flat |
| 99 | Tonga | 0 cubic meters | 2021 | — | flat |
| 99 | Tanzania | 0 cubic meters | 2021 | — | flat |
| 99 | Uruguay | 0 cubic meters | 2021 | — | flat |
| 99 | Saint Vincent and the Grenadines | 0 cubic meters | 2021 | — | flat |
| 99 | British Virgin Islands | 0 cubic meters | 2021 | — | flat |
| 99 | United States Virgin Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Vanuatu | 0 cubic meters | 2021 | — | flat |
| 99 | Samoa | 0 cubic meters | 2021 | — | flat |
| 99 | Zambia | 0 cubic meters | 2021 | — | flat |
| 99 | Zimbabwe | 0 cubic meters | 2021 | — | flat |
| 99 | French Guiana | 0 cubic meters | 2021 | — | flat |
| 99 | Reunion | 0 cubic meters | 2021 | — | flat |
| 99 | Western Sahara | 0 cubic meters | 2021 | — | flat |
| 99 | Cook Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Montserrat | 0 cubic meters | 2021 | — | flat |
| 99 | Niue | 0 cubic meters | 2021 | — | flat |
| 99 | Falkland Islands | 0 cubic meters | 2021 | — | flat |
| 99 | Saint Helena | 0 cubic meters | 2021 | — | flat |
| 99 | Saint Pierre and Miquelon | 0 cubic meters | 2021 | — | flat |
| 99 | Netherlands Antilles | 0 cubic meters | 2021 | — | flat |
| 99 | Antarctica | 0 cubic meters | 2021 | — | flat |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- USSR 9.06 billion cubic meters
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.