Oil reserves in Angola
Angola: Oil reserves was 1.24 billion cubic meters in 2021. ◆ Volatile
Oil reserves in Angola, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Angola recorded 1.24 billion cubic meters for oil reserves in 2021.
The figure is down 4.6% on the previous year and down 18.1% over ten years.
Over the whole period, oil reserves in Angola peaked at 1.66 billion cubic meters in 2013 and was at its lowest, 182.68 million cubic meters, in 1988.
Angola ranks 20th of 216 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves in Angola, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1980 | 190.78 million cubic meters | — |
| 1981 | 190.78 million cubic meters | +0.0% |
| 1982 | 230.53 million cubic meters | +20.8% |
| 1983 | 259.94 million cubic meters | +12.8% |
| 1984 | 270.28 million cubic meters | +4.0% |
| 1985 | 286.18 million cubic meters | +5.9% |
| 1986 | 317.98 million cubic meters | +11.1% |
| 1987 | 182.74 million cubic meters | -42.5% |
| 1988 | 182.68 million cubic meters | -0.0% |
| 1989 | 321.79 million cubic meters | +76.2% |
| 1990 | 321.79 million cubic meters | +0.0% |
| 1991 | 329.74 million cubic meters | +2.5% |
| 1992 | 289.07 million cubic meters | -12.3% |
| 1993 | 238.48 million cubic meters | -17.5% |
| 1994 | 238.48 million cubic meters | +0.0% |
| 1995 | 860.47 million cubic meters | +260.8% |
| 1996 | 860.47 million cubic meters | +0.0% |
| 1997 | 860.47 million cubic meters | +0.0% |
| 1998 | 860.44 million cubic meters | -0.0% |
| 1999 | 860.44 million cubic meters | +0.0% |
| 2000 | 860.44 million cubic meters | +0.0% |
| 2001 | 860.44 million cubic meters | +0.0% |
| 2002 | 860.44 million cubic meters | +0.0% |
| 2003 | 860.44 million cubic meters | +0.0% |
| 2004 | 860.44 million cubic meters | +0.0% |
| 2005 | 860.44 million cubic meters | +0.0% |
| 2006 | 860.44 million cubic meters | +0.0% |
| 2007 | 1.27 billion cubic meters | +47.8% |
| 2008 | 1.44 billion cubic meters | +12.9% |
| 2009 | 1.44 billion cubic meters | +0.1% |
| 2010 | 1.51 billion cubic meters | +5.1% |
| 2011 | 1.51 billion cubic meters | +0.0% |
| 2012 | 1.51 billion cubic meters | +0.0% |
| 2013 | 1.66 billion cubic meters | +10.2% |
| 2014 | 1.44 billion cubic meters | -13.5% |
| 2015 | 1.43 billion cubic meters | -0.5% |
| 2016 | 1.34 billion cubic meters | -6.5% |
| 2017 | 1.32 billion cubic meters | -1.8% |
| 2018 | 1.51 billion cubic meters | +15.1% |
| 2019 | 1.33 billion cubic meters | -12.0% |
| 2020 | 1.30 billion cubic meters | -2.7% |
| 2021 | 1.24 billion cubic meters | -4.6% |
Biggest year-on-year movements
Years where Oil reserves in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +260.8% | 238.48 million cubic meters | 860.47 million cubic meters |
| 1989 | +76.2% | 182.68 million cubic meters | 321.79 million cubic meters |
| 2007 | +47.8% | 860.44 million cubic meters | 1.27 billion cubic meters |
| 1987 | -42.5% | 317.98 million cubic meters | 182.74 million cubic meters |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 243.37 million cubic meters | 182.68 million cubic meters | 321.79 million cubic meters | 10 |
| 1990s | 571.99 million cubic meters | 238.48 million cubic meters | 860.47 million cubic meters | 10 |
| 2000s | 1.02 billion cubic meters | 860.44 million cubic meters | 1.44 billion cubic meters | 10 |
| 2010s | 1.46 billion cubic meters | 1.32 billion cubic meters | 1.66 billion cubic meters | 10 |
| 2020s | 1.27 billion cubic meters | 1.24 billion cubic meters | 1.30 billion cubic meters | 2 |
Countries ranked near Angola
More energy & mining data for Angola
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 1.92 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.5% (2024)
Frequently asked questions
- What is oil reserves in Angola?
- Oil reserves in Angola was 1.24 billion 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 Angola?
- The highest recorded value was 1.66 billion cubic meters in 2013.
- What is the lowest oil reserves recorded in Angola?
- The lowest recorded value was 182.68 million cubic meters in 1988.
- How does Angola rank for oil reserves?
- Angola ranks 20th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Angola?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is volatile.
- Where does this Angola 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.
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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.