Oil reserves in Barbados
Barbados: Oil reserves was 314,477 cubic meters in 2021. ▲ Rising
Oil reserves in Barbados, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Barbados recorded 314,477 cubic meters for oil reserves in 2021.
That represents a change of down 6.8% on the previous year and up 10.6% over ten years.
Over the whole period, oil reserves in Barbados peaked at 936,753 cubic meters in 1993 and was at its lowest, 63,595 cubic meters, in 1986.
That places Barbados 95th out of 215 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 199,322 cubic meters | 63,595 cubic meters | 575,534 cubic meters | 10 |
| 1990s | 499,936 cubic meters | 374,097 cubic meters | 936,753 cubic meters | 10 |
| 2000s | 404,034 cubic meters | 345,161 cubic meters | 501,764 cubic meters | 10 |
| 2010s | 361,680 cubic meters | 284,428 cubic meters | 451,524 cubic meters | 10 |
| 2020s | 326,004 cubic meters | 314,477 cubic meters | 337,530 cubic meters | 2 |
Countries ranked near Barbados
More energy & mining data for Barbados
- Fuel imports 22.7% (2024)
- Ores and metals imports 0.7% (2024)
- Ores and metals exports 7.6% (2024)
- Gas production 0.0404 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 143.03 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.0404 terawatt-hours (2024)
- Gas production per person 143.03 kilowatt-hours per person (2024)
- Fuel exports 8.0% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 56.5% (2023)
- Share of dietary energy derived from protein vs. GDP per capita 13.9% (2023)
Frequently asked questions
- What is oil reserves in Barbados?
- Oil reserves in Barbados was 314,477 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 Barbados?
- The highest recorded value was 936,753 cubic meters in 1993.
- What is the lowest oil reserves recorded in Barbados?
- The lowest recorded value was 63,595 cubic meters in 1986.
- How does Barbados rank for oil reserves?
- Barbados ranks 95th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Barbados?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- Where does this Barbados 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.