Oil reserves in Bolivia
Bolivia: Oil reserves was 38.30 million cubic meters in 2021. ◆ Volatile
Oil reserves in Bolivia, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Bolivia recorded 38.30 million cubic meters for oil reserves in 2021.
The figure is down 48.2% over ten years.
Over the whole period, oil reserves in Bolivia peaked at 73.93 million cubic meters in 2008 and was at its lowest, 16.53 million cubic meters, in 1982.
Bolivia ranks 55th of 216 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves in Bolivia, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1980 | 23.85 million cubic meters | — |
| 1981 | 17.81 million cubic meters | -25.3% |
| 1982 | 16.53 million cubic meters | -7.1% |
| 1983 | 28.62 million cubic meters | +73.1% |
| 1984 | 25.52 million cubic meters | -10.8% |
| 1985 | 25.12 million cubic meters | -1.6% |
| 1986 | 24.48 million cubic meters | -2.5% |
| 1987 | 23.69 million cubic meters | -3.2% |
| 1988 | 24.80 million cubic meters | +4.7% |
| 1989 | 28.01 million cubic meters | +12.9% |
| 1990 | 28.94 million cubic meters | +3.3% |
| 1991 | 18.95 million cubic meters | -34.5% |
| 1992 | 18.92 million cubic meters | -0.2% |
| 1993 | 17.83 million cubic meters | -5.8% |
| 1994 | 17.23 million cubic meters | -3.3% |
| 1995 | 22.08 million cubic meters | +28.1% |
| 1996 | 22.08 million cubic meters | +0.0% |
| 1997 | 20.98 million cubic meters | -5.0% |
| 1998 | 20.98 million cubic meters | +0.0% |
| 1999 | 20.98 million cubic meters | +0.0% |
| 2000 | 20.98 million cubic meters | +0.0% |
| 2001 | 63.04 million cubic meters | +200.5% |
| 2002 | 70.03 million cubic meters | +11.1% |
| 2003 | 70.03 million cubic meters | +0.0% |
| 2004 | 70.03 million cubic meters | +0.0% |
| 2005 | 70.03 million cubic meters | +0.0% |
| 2006 | 70.03 million cubic meters | +0.0% |
| 2007 | 69.95 million cubic meters | -0.1% |
| 2008 | 73.93 million cubic meters | +5.7% |
| 2009 | 73.93 million cubic meters | +0.0% |
| 2010 | 73.93 million cubic meters | +0.0% |
| 2011 | 73.93 million cubic meters | +0.0% |
| 2012 | 33.36 million cubic meters | -54.9% |
| 2013 | 33.36 million cubic meters | +0.0% |
| 2014 | 33.36 million cubic meters | +0.0% |
| 2015 | 33.62 million cubic meters | +0.8% |
| 2016 | 33.62 million cubic meters | +0.0% |
| 2017 | 33.62 million cubic meters | +0.0% |
| 2018 | 33.62 million cubic meters | +0.0% |
| 2019 | 33.62 million cubic meters | +0.0% |
| 2020 | 38.30 million cubic meters | +13.9% |
| 2021 | 38.30 million cubic meters | +0.0% |
Biggest year-on-year movements
Years where Oil reserves in Bolivia 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 |
|---|---|---|---|
| 2001 | +200.5% | 20.98 million cubic meters | 63.04 million cubic meters |
| 1983 | +73.1% | 16.53 million cubic meters | 28.62 million cubic meters |
| 2012 | -54.9% | 73.93 million cubic meters | 33.36 million cubic meters |
| 1991 | -34.5% | 28.94 million cubic meters | 18.95 million cubic meters |
| 1995 | +28.1% | 17.23 million cubic meters | 22.08 million cubic meters |
| 1981 | -25.3% | 23.85 million cubic meters | 17.81 million cubic meters |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 23.84 million cubic meters | 16.53 million cubic meters | 28.62 million cubic meters | 10 |
| 1990s | 20.89 million cubic meters | 17.23 million cubic meters | 28.94 million cubic meters | 10 |
| 2000s | 65.20 million cubic meters | 20.98 million cubic meters | 73.93 million cubic meters | 10 |
| 2010s | 41.60 million cubic meters | 33.36 million cubic meters | 73.93 million cubic meters | 10 |
| 2020s | 38.30 million cubic meters | 38.30 million cubic meters | 38.30 million cubic meters | 2 |
Countries ranked near Bolivia
More energy & mining data for Bolivia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 6.34 % 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 29.2% (2024)
Frequently asked questions
- What is oil reserves in Bolivia?
- Oil reserves in Bolivia was 38.30 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 Bolivia?
- The highest recorded value was 73.93 million cubic meters in 2008.
- What is the lowest oil reserves recorded in Bolivia?
- The lowest recorded value was 16.53 million cubic meters in 1982.
- How does Bolivia rank for oil reserves?
- Bolivia ranks 55th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Bolivia?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
- Where does this Bolivia 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 — 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.