Oil reserves in Colombia
Colombia: Oil reserves was 323.70 million cubic meters in 2021. ▲ Rising
Oil reserves in Colombia, 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 Colombia is 323.70 million cubic meters, measured in 2021.
The figure is up 3.9% on the previous year and up 7.2% over ten years.
Over the whole period, oil reserves in Colombia peaked at 556.46 million cubic meters in 1996 and was at its lowest, 82.11 million cubic meters, in 1982.
Colombia ranks 37th of 216 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Oil reserves in Colombia, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1980 | 112.88 million cubic meters | — |
| 1981 | 127.19 million cubic meters | +12.7% |
| 1982 | 82.11 million cubic meters | -35.4% |
| 1983 | 85.22 million cubic meters | +3.8% |
| 1984 | 89.03 million cubic meters | +4.5% |
| 1985 | 99.21 million cubic meters | +11.4% |
| 1986 | 194.60 million cubic meters | +96.2% |
| 1987 | 205.17 million cubic meters | +5.4% |
| 1988 | 252.79 million cubic meters | +23.2% |
| 1989 | 322.43 million cubic meters | +27.5% |
| 1990 | 327.51 million cubic meters | +1.6% |
| 1991 | 317.98 million cubic meters | -2.9% |
| 1992 | 307.67 million cubic meters | -3.2% |
| 1993 | 307.67 million cubic meters | +0.0% |
| 1994 | 307.67 million cubic meters | +0.0% |
| 1995 | 539.45 million cubic meters | +75.3% |
| 1996 | 556.46 million cubic meters | +3.2% |
| 1997 | 445.16 million cubic meters | -20.0% |
| 1998 | 445.16 million cubic meters | +0.0% |
| 1999 | 409.74 million cubic meters | -8.0% |
| 2000 | 409.74 million cubic meters | +0.0% |
| 2001 | 313.52 million cubic meters | -23.5% |
| 2002 | 278.23 million cubic meters | -11.3% |
| 2003 | 292.90 million cubic meters | +5.3% |
| 2004 | 292.90 million cubic meters | +0.0% |
| 2005 | 245.16 million cubic meters | -16.3% |
| 2006 | 245.16 million cubic meters | +0.0% |
| 2007 | 231.01 million cubic meters | -5.8% |
| 2008 | 239.44 million cubic meters | +3.6% |
| 2009 | 215.43 million cubic meters | -10.0% |
| 2010 | 215.43 million cubic meters | +0.0% |
| 2011 | 302.08 million cubic meters | +40.2% |
| 2012 | 316.00 million cubic meters | +4.6% |
| 2013 | 349.77 million cubic meters | +10.7% |
| 2014 | 377.91 million cubic meters | +8.0% |
| 2015 | 388.72 million cubic meters | +2.9% |
| 2016 | 366.94 million cubic meters | -5.6% |
| 2017 | 318.29 million cubic meters | -13.3% |
| 2018 | 264.79 million cubic meters | -16.8% |
| 2019 | 283.35 million cubic meters | +7.0% |
| 2020 | 311.62 million cubic meters | +10.0% |
| 2021 | 323.70 million cubic meters | +3.9% |
Colombia compared with similar countries
- Colombia's 323.70 million cubic meters is above the median for upper middle income countries, which is 13.69 million cubic meters, 23.6× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Oil reserves in Colombia 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 |
|---|---|---|---|
| 1986 | +96.2% | 99.21 million cubic meters | 194.60 million cubic meters |
| 1995 | +75.3% | 307.67 million cubic meters | 539.45 million cubic meters |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 157.06 million cubic meters | 82.11 million cubic meters | 322.43 million cubic meters | 10 |
| 1990s | 396.45 million cubic meters | 307.67 million cubic meters | 556.46 million cubic meters | 10 |
| 2000s | 276.35 million cubic meters | 215.43 million cubic meters | 409.74 million cubic meters | 10 |
| 2010s | 318.33 million cubic meters | 215.43 million cubic meters | 388.72 million cubic meters | 10 |
| 2020s | 317.66 million cubic meters | 311.62 million cubic meters | 323.70 million cubic meters | 2 |
Countries ranked near Colombia
- 34 Argentina 394.72 million cubic meters compare
- 35 Indonesia 394.29 million cubic meters compare
- 36 Australia 388.88 million cubic meters compare
- 38 Gabon 317.98 million cubic meters compare
- 39 Chad 238.48 million cubic meters compare
- 40 Brunei 174.89 million cubic meters compare
- 40 Equatorial Guinea 174.89 million cubic meters compare
More energy & mining data for Colombia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -4.05 % 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 (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 9.6% (2024)
Frequently asked questions
- What is oil reserves in Colombia?
- Oil reserves in Colombia was 323.70 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 Colombia?
- The highest recorded value was 556.46 million cubic meters in 1996.
- What is the lowest oil reserves recorded in Colombia?
- The lowest recorded value was 82.11 million cubic meters in 1982.
- How does Colombia rank for oil reserves?
- Colombia ranks 37th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Colombia?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
- Where does this Colombia 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.