Oil reserves in Cuba
Cuba: Oil reserves was 19.71 million cubic meters in 2021. ◆ Volatile
Oil reserves in Cuba, 1991–2021
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 Cuba is 19.71 million cubic meters, measured in 2021.
That represents a change of unchanged over ten years.
Over the whole period, oil reserves in Cuba peaked at 119.24 million cubic meters in 2002 and was at its lowest, 15.90 million cubic meters, in 1991.
Cuba ranks 68th 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 Cuba, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1991 | 15.90 million cubic meters | — |
| 1992 | 15.90 million cubic meters | +0.0% |
| 1993 | 15.90 million cubic meters | +0.0% |
| 1994 | 15.90 million cubic meters | +0.0% |
| 1995 | 15.90 million cubic meters | +0.0% |
| 1996 | 15.90 million cubic meters | +0.0% |
| 1997 | 15.90 million cubic meters | +0.0% |
| 1998 | 40.54 million cubic meters | +155.0% |
| 1999 | 45.07 million cubic meters | +11.2% |
| 2000 | 45.07 million cubic meters | +0.0% |
| 2001 | 45.07 million cubic meters | +0.0% |
| 2002 | 119.24 million cubic meters | +164.5% |
| 2003 | 119.24 million cubic meters | +0.0% |
| 2004 | 119.24 million cubic meters | +0.0% |
| 2005 | 119.24 million cubic meters | +0.0% |
| 2006 | 119.24 million cubic meters | +0.0% |
| 2007 | 19.71 million cubic meters | -83.5% |
| 2008 | 19.71 million cubic meters | +0.0% |
| 2009 | 19.71 million cubic meters | +0.0% |
| 2010 | 19.71 million cubic meters | +0.0% |
| 2011 | 19.71 million cubic meters | +0.0% |
| 2012 | 19.71 million cubic meters | +0.0% |
| 2013 | 19.71 million cubic meters | +0.0% |
| 2014 | 19.71 million cubic meters | +0.0% |
| 2015 | 19.71 million cubic meters | +0.0% |
| 2016 | 19.71 million cubic meters | +0.0% |
| 2017 | 19.71 million cubic meters | +0.0% |
| 2018 | 19.71 million cubic meters | +0.0% |
| 2019 | 19.71 million cubic meters | +0.0% |
| 2020 | 19.71 million cubic meters | +0.0% |
| 2021 | 19.71 million cubic meters | +0.0% |
Cuba compared with similar countries
- Cuba's 19.71 million cubic meters is above the median for upper middle income countries, which is 13.69 million cubic meters, 1.4× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.88 million cubic meters | 15.90 million cubic meters | 45.07 million cubic meters | 9 |
| 2000s | 74.55 million cubic meters | 19.71 million cubic meters | 119.24 million cubic meters | 10 |
| 2010s | 19.71 million cubic meters | 19.71 million cubic meters | 19.71 million cubic meters | 10 |
| 2020s | 19.71 million cubic meters | 19.71 million cubic meters | 19.71 million cubic meters | 2 |
Countries ranked near Cuba
- 65 Myanmar 22.10 million cubic meters compare
- 66 Philippines 22.02 million cubic meters compare
- 67 Netherlands 21.90 million cubic meters compare
- 69 Germany 18.32 million cubic meters compare
- 70 Poland 17.97 million cubic meters compare
- 71 Cote d'Ivoire 15.90 million cubic meters compare
More energy & mining data for Cuba
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Primary energy use, annual growth rate 0.1025 % 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 (2020)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- 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 (2020)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 30.9% (2021)
Frequently asked questions
- What is oil reserves in Cuba?
- Oil reserves in Cuba was 19.71 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 Cuba?
- The highest recorded value was 119.24 million cubic meters in 2002.
- What is the lowest oil reserves recorded in Cuba?
- The lowest recorded value was 15.90 million cubic meters in 1991.
- How does Cuba rank for oil reserves?
- Cuba ranks 68th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Cuba?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Cuba 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.