Oil reserves in Equatorial Guinea
Equatorial Guinea: Oil reserves was 174.89 million cubic meters in 2021. ◆ Volatile
Oil reserves in Equatorial Guinea, 1993–2021
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 Equatorial Guinea stood at 174.89 million cubic meters. That is the highest value across all 29 years on record.
That represents a change of unchanged over ten years.
Over the whole period, oil reserves in Equatorial Guinea peaked at 174.89 million cubic meters in 2007 and was at its lowest, 572,354 cubic meters, in 1993.
Equatorial Guinea ranks 40th of 216 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves in Equatorial Guinea, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1993 | 572,354 cubic meters | — |
| 1994 | 572,354 cubic meters | +0.0% |
| 1995 | 1.91 million cubic meters | +233.3% |
| 1996 | 1.91 million cubic meters | +0.0% |
| 1997 | 1.91 million cubic meters | +0.0% |
| 1998 | 1.91 million cubic meters | +0.0% |
| 1999 | 1.91 million cubic meters | +0.0% |
| 2000 | 1.91 million cubic meters | +0.0% |
| 2001 | 1.91 million cubic meters | +0.0% |
| 2002 | 1.91 million cubic meters | +0.0% |
| 2003 | 1.91 million cubic meters | +0.0% |
| 2004 | 1.91 million cubic meters | +0.0% |
| 2005 | 1.91 million cubic meters | +0.0% |
| 2006 | 1.91 million cubic meters | +0.0% |
| 2007 | 174.89 million cubic meters | +9066.7% |
| 2008 | 174.89 million cubic meters | +0.0% |
| 2009 | 174.89 million cubic meters | +0.0% |
| 2010 | 174.89 million cubic meters | +0.0% |
| 2011 | 174.89 million cubic meters | +0.0% |
| 2012 | 174.89 million cubic meters | +0.0% |
| 2013 | 174.89 million cubic meters | +0.0% |
| 2014 | 174.89 million cubic meters | +0.0% |
| 2015 | 174.89 million cubic meters | +0.0% |
| 2016 | 174.89 million cubic meters | +0.0% |
| 2017 | 174.89 million cubic meters | +0.0% |
| 2018 | 174.89 million cubic meters | +0.0% |
| 2019 | 174.89 million cubic meters | +0.0% |
| 2020 | 174.89 million cubic meters | +0.0% |
| 2021 | 174.89 million cubic meters | +0.0% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 174.89 million cubic meters is above the median for upper middle income countries, which is 13.69 million cubic meters, 12.8× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.53 million cubic meters | 572,354 cubic meters | 1.91 million cubic meters | 7 |
| 2000s | 53.80 million cubic meters | 1.91 million cubic meters | 174.89 million cubic meters | 10 |
| 2010s | 174.89 million cubic meters | 174.89 million cubic meters | 174.89 million cubic meters | 10 |
| 2020s | 174.89 million cubic meters | 174.89 million cubic meters | 174.89 million cubic meters | 2 |
Countries ranked near Equatorial Guinea
More energy & mining data for Equatorial Guinea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -13.82 % 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 (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- 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 (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 2.7% (1983)
Frequently asked questions
- What is oil reserves in Equatorial Guinea?
- Oil reserves in Equatorial Guinea was 174.89 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 Equatorial Guinea?
- The highest recorded value was 174.89 million cubic meters in 2007.
- What is the lowest oil reserves recorded in Equatorial Guinea?
- The lowest recorded value was 572,354 cubic meters in 1993.
- How does Equatorial Guinea rank for oil reserves?
- Equatorial Guinea ranks 40th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Equatorial Guinea?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea 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.