Oil reserves in Argentina
Argentina: Oil reserves was 394.72 million cubic meters in 2021. ▲ Rising
Oil reserves in Argentina, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
The most recent figure for oil reserves in Argentina is 394.72 million cubic meters, measured in 2021.
Compared with earlier readings it is up 3.9% on the previous year and down 0.9% over ten years.
Over the whole period, oil reserves in Argentina peaked at 488.28 million cubic meters in 2001 and was at its lowest, 249.61 million cubic meters, in 1992.
Argentina ranks 33rd of 215 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 379.97 million cubic meters | 360.26 million cubic meters | 421.32 million cubic meters | 10 |
| 1990s | 338.77 million cubic meters | 249.61 million cubic meters | 416.73 million cubic meters | 10 |
| 2000s | 431.86 million cubic meters | 368.92 million cubic meters | 488.28 million cubic meters | 10 |
| 2010s | 385.58 million cubic meters | 320.64 million cubic meters | 448.34 million cubic meters | 10 |
| 2020s | 387.26 million cubic meters | 379.80 million cubic meters | 394.72 million cubic meters | 2 |
Countries ranked near Argentina
More energy & mining data for Argentina
- Fuel imports 6.2% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 0.2% (2024)
- Gas production 451.54 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 9,848 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 451.54 terawatt-hours (2025)
- Gas production per person 9,848 kilowatt-hours per person (2025)
- Fuel exports 8.8% (2024)
- Electric power transmission and distribution losses 21.8% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 48.9% (2023)
Frequently asked questions
- What is oil reserves in Argentina?
- Oil reserves in Argentina was 394.72 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 Argentina?
- The highest recorded value was 488.28 million cubic meters in 2001.
- What is the lowest oil reserves recorded in Argentina?
- The lowest recorded value was 249.61 million cubic meters in 1992.
- How does Argentina rank for oil reserves?
- Argentina ranks 33rd out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Argentina?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this Argentina 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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CSV · JSON — 42 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.