Oil reserves in Cuba

Cuba: Oil reserves was 19.71 million cubic meters in 2021. ◆ Volatile

Latest (2021)
19.71 million cubic meters
Change on year
unchanged
World rank
67th
of 215 countries
All-time high
119.24 million cubic meters
in 2002
All-time low
15.90 million cubic meters
in 1991
Years of data
31
1991–2021

Oil reserves in Cuba, 1991–2021

25.0M50.0M75.0M100.0M125.0M1991200620211991: 15.9M cubic meters1992: 15.9M cubic meters1993: 15.9M cubic meters1994: 15.9M cubic meters1995: 15.9M cubic meters1996: 15.9M cubic meters1997: 15.9M cubic meters1998: 40.5M cubic meters1999: 45.1M cubic meters2000: 45.1M cubic meters2001: 45.1M cubic meters2002: 119.2M cubic meters2003: 119.2M cubic meters2004: 119.2M cubic meters2005: 119.2M cubic meters2006: 119.2M cubic meters2007: 19.7M cubic meters2008: 19.7M cubic meters2009: 19.7M cubic meters2010: 19.7M cubic meters2011: 19.7M cubic meters2012: 19.7M cubic meters2013: 19.7M cubic meters2014: 19.7M cubic meters2015: 19.7M cubic meters2016: 19.7M cubic meters2017: 19.7M cubic meters2018: 19.7M cubic meters2019: 19.7M cubic meters2020: 19.7M cubic meters2021: 19.7M cubic meters

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 67th of 215 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 64 Myanmar 22.10 million cubic meters compare
  2. 65 Philippines 22.02 million cubic meters compare
  3. 66 Netherlands 21.90 million cubic meters compare
  4. 68 Germany 18.32 million cubic meters compare
  5. 69 Poland 17.97 million cubic meters compare
  6. 70 Cote d'Ivoire 15.90 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Cuba

All data for Cuba →

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 67th out of 215 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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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Oil reserves
Unit
cubic meters
Source
U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
216 places, 8,283 data points, 1980–2021
Last refreshed

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.