Oil reserves in Indonesia

Indonesia: Oil reserves was 394.29 million cubic meters in 2021. ▼ Falling

Latest (2021)
394.29 million cubic meters
Change on year
down 21.3%
World rank
34th
of 215 countries
All-time high
1.76 billion cubic meters
in 1991
All-time low
394.29 million cubic meters
in 2021
Years of data
42
1980–2021

Oil reserves in Indonesia, 1980–2021

500.0M1.0B1.5B2.0B1980200020211980: 1.5B cubic meters1981: 1.5B cubic meters1982: 1.6B cubic meters1983: 1.5B cubic meters1984: 1.4B cubic meters1985: 1.4B cubic meters1986: 1.4B cubic meters1987: 1.3B cubic meters1988: 1.3B cubic meters1989: 1.3B cubic meters1990: 1.3B cubic meters1991: 1.8B cubic meters1992: 1.0B cubic meters1993: 918.8M cubic meters1994: 918.8M cubic meters1995: 918.8M cubic meters1996: 821.5M cubic meters1997: 791.7M cubic meters1998: 791.7M cubic meters1999: 791.7M cubic meters2000: 791.7M cubic meters2001: 791.7M cubic meters2002: 794.9M cubic meters2003: 794.9M cubic meters2004: 747.2M cubic meters2005: 747.2M cubic meters2006: 683.8M cubic meters2007: 683.6M cubic meters2008: 694.8M cubic meters2009: 634.4M cubic meters2010: 634.4M cubic meters2011: 634.4M cubic meters2012: 617.7M cubic meters2013: 640.7M cubic meters2014: 594.8M cubic meters2015: 594.8M cubic meters2016: 587.1M cubic meters2017: 572.4M cubic meters2018: 526.2M cubic meters2019: 504.0M cubic meters2020: 500.8M cubic meters2021: 394.3M 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 Indonesia is 394.29 million cubic meters, measured in 2021. That is the lowest value across all 42 years on record.

That represents a change of down 21.3% on the previous year and down 37.8% over ten years.

Over the whole period, oil reserves in Indonesia peaked at 1.76 billion cubic meters in 1991 and was at its lowest, 394.29 million cubic meters, in 2021.

Indonesia ranks 34th of 215 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 42 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.43 billion cubic meters 1.31 billion cubic meters 1.56 billion cubic meters 10
1990s 1.01 billion cubic meters 791.71 million cubic meters 1.76 billion cubic meters 10
2000s 736.44 million cubic meters 634.36 million cubic meters 794.94 million cubic meters 10
2010s 590.65 million cubic meters 503.99 million cubic meters 640.72 million cubic meters 10
2020s 447.55 million cubic meters 394.29 million cubic meters 500.81 million cubic meters 2

Countries ranked near Indonesia

  1. 33 Argentina 394.72 million cubic meters compare
  2. 35 Australia 388.88 million cubic meters compare
  3. 36 Colombia 323.70 million cubic meters compare
  4. 37 Gabon 317.98 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Indonesia

All data for Indonesia →

Frequently asked questions

What is oil reserves in Indonesia?
Oil reserves in Indonesia was 394.29 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 Indonesia?
The highest recorded value was 1.76 billion cubic meters in 1991.
What is the lowest oil reserves recorded in Indonesia?
The lowest recorded value was 394.29 million cubic meters in 2021.
How does Indonesia rank for oil reserves?
Indonesia ranks 34th out of 215 countries with data for 2021.
Is oil reserves rising or falling in Indonesia?
Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
Where does this Indonesia 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 — 42 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.