Oil reserves in Georgia

Georgia: Oil reserves was 5.56 million cubic meters in 2021. ▬ Flat

Latest (2021)
5.56 million cubic meters
Change on year
unchanged
World rank
80th
of 215 countries
All-time high
5.56 million cubic meters
in 1997
All-time low
5.56 million cubic meters
in 1997
Years of data
25
1997–2021

Oil reserves in Georgia, 1997–2021

02.0M4.0M6.0M1997200920211997: 5.6M cubic meters1998: 5.6M cubic meters1999: 5.6M cubic meters2000: 5.6M cubic meters2001: 5.6M cubic meters2002: 5.6M cubic meters2003: 5.6M cubic meters2004: 5.6M cubic meters2005: 5.6M cubic meters2006: 5.6M cubic meters2007: 5.6M cubic meters2008: 5.6M cubic meters2009: 5.6M cubic meters2010: 5.6M cubic meters2011: 5.6M cubic meters2012: 5.6M cubic meters2013: 5.6M cubic meters2014: 5.6M cubic meters2015: 5.6M cubic meters2016: 5.6M cubic meters2017: 5.6M cubic meters2018: 5.6M cubic meters2019: 5.6M cubic meters2020: 5.6M cubic meters2021: 5.6M 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 Georgia is 5.56 million cubic meters, measured in 2021. That is the highest value across all 25 years on record.

That represents a change of unchanged over ten years.

Over the whole period, oil reserves in Georgia peaked at 5.56 million cubic meters in 1997 and was at its lowest, 5.56 million cubic meters, in 1997.

That places Georgia 80th out of 215 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.56 million cubic meters 5.56 million cubic meters 5.56 million cubic meters 3
2000s 5.56 million cubic meters 5.56 million cubic meters 5.56 million cubic meters 10
2010s 5.56 million cubic meters 5.56 million cubic meters 5.56 million cubic meters 10
2020s 5.56 million cubic meters 5.56 million cubic meters 5.56 million cubic meters 2

Countries ranked near Georgia

  1. 77 New Zealand 6.52 million cubic meters compare
  2. 78 Kyrgyzstan 6.36 million cubic meters compare
  3. 79 Austria 5.60 million cubic meters compare
  4. 81 Bangladesh 4.45 million cubic meters compare
  5. 82 Mauritania 3.18 million cubic meters compare
  6. 83 Bulgaria 2.38 million cubic meters compare
  7. 83 Czechia 2.38 million cubic meters compare
  8. 83 South Africa 2.38 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Georgia

All data for Georgia →

Frequently asked questions

What is oil reserves in Georgia?
Oil reserves in Georgia was 5.56 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 Georgia?
The highest recorded value was 5.56 million cubic meters in 1997.
What is the lowest oil reserves recorded in Georgia?
The lowest recorded value was 5.56 million cubic meters in 1997.
How does Georgia rank for oil reserves?
Georgia ranks 80th out of 215 countries with data for 2021.
Is oil reserves rising or falling in Georgia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Georgia 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 — 25 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.