Oil reserves in Guatemala
Guatemala: Oil reserves was 13.69 million cubic meters in 2021. ◆ Volatile
Latest (2021)
13.69 million cubic meters
Change on year
down 3.7%
World rank
73rd
of 216 countries
All-time high
83.63 million cubic meters
in 1999
All-time low
2.54 million cubic meters
in 1980
Years of data
42
1980–2021
Oil reserves in Guatemala, 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 Guatemala stood at 13.69 million cubic meters.
That represents a change of down 3.7% on the previous year and up 3.7% over ten years.
Over the whole period, oil reserves in Guatemala peaked at 83.63 million cubic meters in 1999 and was at its lowest, 2.54 million cubic meters, in 1980.
Guatemala ranks 73rd 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 Guatemala, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1980 | 2.54 million cubic meters | — |
| 1981 | 3.18 million cubic meters | +25.0% |
| 1982 | 8.74 million cubic meters | +175.0% |
| 1983 | 7.95 million cubic meters | -9.1% |
| 1984 | 7.63 million cubic meters | -4.0% |
| 1985 | 79.49 million cubic meters | +941.7% |
| 1986 | 7.95 million cubic meters | -90.0% |
| 1987 | 3.66 million cubic meters | -54.0% |
| 1988 | 6.60 million cubic meters | +80.4% |
| 1989 | 12.85 million cubic meters | +94.8% |
| 1990 | 6.61 million cubic meters | -48.5% |
| 1991 | 5.76 million cubic meters | -13.0% |
| 1992 | 5.53 million cubic meters | -3.9% |
| 1993 | 32.91 million cubic meters | +494.9% |
| 1994 | 32.91 million cubic meters | +0.0% |
| 1995 | 77.59 million cubic meters | +135.7% |
| 1996 | 77.59 million cubic meters | +0.0% |
| 1997 | 31.80 million cubic meters | -59.0% |
| 1998 | 31.80 million cubic meters | +0.0% |
| 1999 | 83.63 million cubic meters | +163.0% |
| 2000 | 83.63 million cubic meters | +0.0% |
| 2001 | 83.63 million cubic meters | +0.0% |
| 2002 | 83.63 million cubic meters | +0.0% |
| 2003 | 83.63 million cubic meters | +0.0% |
| 2004 | 83.63 million cubic meters | +0.0% |
| 2005 | 83.63 million cubic meters | +0.0% |
| 2006 | 83.63 million cubic meters | +0.0% |
| 2007 | 13.21 million cubic meters | -84.2% |
| 2008 | 13.21 million cubic meters | +0.0% |
| 2009 | 13.21 million cubic meters | +0.0% |
| 2010 | 13.21 million cubic meters | +0.0% |
| 2011 | 13.21 million cubic meters | +0.0% |
| 2012 | 13.21 million cubic meters | +0.0% |
| 2013 | 13.21 million cubic meters | +0.0% |
| 2014 | 13.21 million cubic meters | +0.0% |
| 2015 | 13.21 million cubic meters | +0.0% |
| 2016 | 13.21 million cubic meters | +0.0% |
| 2017 | 13.21 million cubic meters | +0.0% |
| 2018 | 13.21 million cubic meters | +0.0% |
| 2019 | 14.57 million cubic meters | +10.3% |
| 2020 | 14.22 million cubic meters | -2.4% |
| 2021 | 13.69 million cubic meters | -3.7% |
Guatemala compared with similar countries
- Guatemala's 13.69 million cubic meters is above the median for upper middle income countries, which is 13.69 million cubic meters, 1.0× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.06 million cubic meters | 2.54 million cubic meters | 79.49 million cubic meters | 10 |
| 1990s | 38.61 million cubic meters | 5.53 million cubic meters | 83.63 million cubic meters | 10 |
| 2000s | 62.50 million cubic meters | 13.21 million cubic meters | 83.63 million cubic meters | 10 |
| 2010s | 13.34 million cubic meters | 13.21 million cubic meters | 14.57 million cubic meters | 10 |
| 2020s | 13.95 million cubic meters | 13.69 million cubic meters | 14.22 million cubic meters | 2 |
Countries ranked near Guatemala
More energy & mining data for Guatemala
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.84 % 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 15.3% (2024)
Frequently asked questions
- What is oil reserves in Guatemala?
- Oil reserves in Guatemala was 13.69 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 Guatemala?
- The highest recorded value was 83.63 million cubic meters in 1999.
- What is the lowest oil reserves recorded in Guatemala?
- The lowest recorded value was 2.54 million cubic meters in 1980.
- How does Guatemala rank for oil reserves?
- Guatemala ranks 73rd out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Guatemala?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is volatile.
- Where does this Guatemala 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.