Oil reserves in Azerbaijan
Azerbaijan: Oil reserves was 1.11 billion cubic meters in 2021. ▲ Rising
Oil reserves in Azerbaijan, 1997–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Azerbaijan recorded 1.11 billion cubic meters for oil reserves in 2021. That is the highest value across all 25 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, oil reserves in Azerbaijan peaked at 1.11 billion cubic meters in 2003 and was at its lowest, 187.29 million cubic meters, in 1997.
Azerbaijan ranks 21st of 216 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Oil reserves in Azerbaijan, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1997 | 187.29 million cubic meters | — |
| 1998 | 187.29 million cubic meters | +0.0% |
| 1999 | 187.29 million cubic meters | +0.0% |
| 2000 | 187.29 million cubic meters | +0.0% |
| 2001 | 187.29 million cubic meters | +0.0% |
| 2002 | 187.29 million cubic meters | +0.0% |
| 2003 | 1.11 billion cubic meters | +494.2% |
| 2004 | 1.11 billion cubic meters | +0.0% |
| 2005 | 1.11 billion cubic meters | +0.0% |
| 2006 | 1.11 billion cubic meters | +0.0% |
| 2007 | 1.11 billion cubic meters | +0.0% |
| 2008 | 1.11 billion cubic meters | +0.0% |
| 2009 | 1.11 billion cubic meters | +0.0% |
| 2010 | 1.11 billion cubic meters | +0.0% |
| 2011 | 1.11 billion cubic meters | +0.0% |
| 2012 | 1.11 billion cubic meters | +0.0% |
| 2013 | 1.11 billion cubic meters | +0.0% |
| 2014 | 1.11 billion cubic meters | +0.0% |
| 2015 | 1.11 billion cubic meters | +0.0% |
| 2016 | 1.11 billion cubic meters | +0.0% |
| 2017 | 1.11 billion cubic meters | +0.0% |
| 2018 | 1.11 billion cubic meters | +0.0% |
| 2019 | 1.11 billion cubic meters | +0.0% |
| 2020 | 1.11 billion cubic meters | +0.0% |
| 2021 | 1.11 billion cubic meters | +0.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 1.11 billion cubic meters is above the median for upper middle income countries, which is 13.69 million cubic meters, 81.3× the median. (55 countries reporting)
- Azerbaijan's 1.11 billion cubic meters is above the median for Europe & Central Asia, which is 2.38 million cubic meters, 466.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 187.29 million cubic meters | 187.29 million cubic meters | 187.29 million cubic meters | 3 |
| 2000s | 835.22 million cubic meters | 187.29 million cubic meters | 1.11 billion cubic meters | 10 |
| 2010s | 1.11 billion cubic meters | 1.11 billion cubic meters | 1.11 billion cubic meters | 10 |
| 2020s | 1.11 billion cubic meters | 1.11 billion cubic meters | 1.11 billion cubic meters | 2 |
Countries ranked near Azerbaijan
More energy & mining data for Azerbaijan
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -2.15 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- 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 (2025)
- Fuel imports 5.5% (2025)
Frequently asked questions
- What is oil reserves in Azerbaijan?
- Oil reserves in Azerbaijan was 1.11 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 Azerbaijan?
- The highest recorded value was 1.11 billion cubic meters in 2003.
- What is the lowest oil reserves recorded in Azerbaijan?
- The lowest recorded value was 187.29 million cubic meters in 1997.
- How does Azerbaijan rank for oil reserves?
- Azerbaijan ranks 21st out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Azerbaijan?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Azerbaijan 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.