Oil reserves in Albania
Albania: Oil reserves was 23.85 million cubic meters in 2021. ▬ Flat
Oil reserves in Albania, 1992–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
In 2021, oil reserves in Albania stood at 23.85 million cubic meters. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 24.7% over ten years.
Over the whole period, oil reserves in Albania peaked at 31.66 million cubic meters in 2008 and was at its lowest, 23.85 million cubic meters, in 2020.
Albania ranks 60th of 215 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.23 million cubic meters | 26.23 million cubic meters | 26.23 million cubic meters | 8 |
| 2000s | 28.37 million cubic meters | 26.23 million cubic meters | 31.66 million cubic meters | 10 |
| 2010s | 28.30 million cubic meters | 26.76 million cubic meters | 31.66 million cubic meters | 10 |
| 2020s | 23.85 million cubic meters | 23.85 million cubic meters | 23.85 million cubic meters | 2 |
Countries ranked near Albania
More energy & mining data for Albania
- Fuel imports 8.6% (2024)
- Ores and metals imports 1.3% (2024)
- Ores and metals exports 5.6% (2024)
- Gas production 0.5635 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 201.83 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.5635 terawatt-hours (2024)
- Gas production per person 201.83 kilowatt-hours per person (2024)
- Fuel exports 3.3% (2024)
- Electric power transmission and distribution losses 12.3% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 53.8% (2023)
Frequently asked questions
- What is oil reserves in Albania?
- Oil reserves in Albania was 23.85 million cubic meters in 2021, according to U.S. Energy Information Administration (2022) – with major processing by Our World in Data.
- What is the highest oil reserves recorded in Albania?
- The highest recorded value was 31.66 million cubic meters in 2008.
- What is the lowest oil reserves recorded in Albania?
- The lowest recorded value was 23.85 million cubic meters in 2020.
- How does Albania rank for oil reserves?
- Albania ranks 60th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Albania?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is flat.
- Where does this Albania data come from?
- The figures come from U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as part of Oil reserves. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.