Oil reserves in Ecuador
Ecuador: Oil reserves was 1.32 billion cubic meters in 2021. ◆ Volatile
Oil reserves in Ecuador, 1980–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
In 2021, oil reserves in Ecuador stood at 1.32 billion cubic meters.
The figure is up 27.1% over ten years.
Over the whole period, oil reserves in Ecuador peaked at 1.40 billion cubic meters in 2015 and was at its lowest, 135.14 million cubic meters, in 1982.
Ecuador ranks 17th 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 | 219.60 million cubic meters | 135.14 million cubic meters | 266.30 million cubic meters | 10 |
| 1990s | 295.27 million cubic meters | 225.76 million cubic meters | 336.26 million cubic meters | 10 |
| 2000s | 613.01 million cubic meters | 336.26 million cubic meters | 740.88 million cubic meters | 10 |
| 2010s | 1.25 billion cubic meters | 1.03 billion cubic meters | 1.40 billion cubic meters | 10 |
| 2020s | 1.32 billion cubic meters | 1.32 billion cubic meters | 1.32 billion cubic meters | 2 |
Countries ranked near Ecuador
More energy & mining data for Ecuador
- Fuel imports 25.0% (2024)
- Ores and metals imports 1.1% (2024)
- Ores and metals exports 6.9% (2024)
- Gas production 2.91 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 160.42 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 2.91 terawatt-hours (2024)
- Gas production per person 160.42 kilowatt-hours per person (2024)
- Fuel exports 27.5% (2024)
- Electric power transmission and distribution losses 17.0% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 53.5% (2023)
Frequently asked questions
- What is oil reserves in Ecuador?
- Oil reserves in Ecuador was 1.32 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 Ecuador?
- The highest recorded value was 1.40 billion cubic meters in 2015.
- What is the lowest oil reserves recorded in Ecuador?
- The lowest recorded value was 135.14 million cubic meters in 1982.
- How does Ecuador rank for oil reserves?
- Ecuador ranks 17th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Ecuador?
- Over the last ten years it is up 27.1%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.