Oil reserves in Brazil
Brazil: Oil reserves was 2.02 billion cubic meters in 2021. ◆ Volatile
Oil reserves in Brazil, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Brazil recorded 2.02 billion cubic meters for oil reserves in 2021.
The figure is down 5.4% on the previous year and down 1.1% over ten years.
Over the whole period, oil reserves in Brazil peaked at 2.57 billion cubic meters in 2016 and was at its lowest, 193.97 million cubic meters, in 1980.
Brazil ranks 15th of 215 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 295.42 million cubic meters | 193.97 million cubic meters | 405.42 million cubic meters | 10 |
| 1990s | 632.60 million cubic meters | 445.22 million cubic meters | 1.13 billion cubic meters | 10 |
| 2000s | 1.58 billion cubic meters | 1.17 billion cubic meters | 2.01 billion cubic meters | 10 |
| 2010s | 2.19 billion cubic meters | 2.01 billion cubic meters | 2.57 billion cubic meters | 10 |
| 2020s | 2.08 billion cubic meters | 2.02 billion cubic meters | 2.14 billion cubic meters | 2 |
Countries ranked near Brazil
More energy & mining data for Brazil
- Fuel imports 11.1% (2025)
- Ores and metals imports 2.9% (2025)
- Ores and metals exports 12.2% (2025)
- Gas production 265.68 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 1,248 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 265.68 terawatt-hours (2025)
- Gas production per person 1,248 kilowatt-hours per person (2025)
- Fuel exports 16.1% (2025)
- Electric power transmission and distribution losses 15.0% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 50.4% (2023)
Frequently asked questions
- What is oil reserves in Brazil?
- Oil reserves in Brazil was 2.02 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 Brazil?
- The highest recorded value was 2.57 billion cubic meters in 2016.
- What is the lowest oil reserves recorded in Brazil?
- The lowest recorded value was 193.97 million cubic meters in 1980.
- How does Brazil rank for oil reserves?
- Brazil ranks 15th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Brazil?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- Where does this Brazil 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.