Oil reserves in Mexico

Mexico: Oil reserves was 919.92 million cubic meters in 2021. ◆ Volatile

Latest (2021)
919.92 million cubic meters
Change on year
unchanged
World rank
21st
of 215 countries
All-time high
9.06 billion cubic meters
in 1982
All-time low
919.92 million cubic meters
in 2020
Years of data
42
1980–2021

Oil reserves in Mexico, 1980–2021

02.0B4.0B6.0B8.0B10.0B1980200020211980: 5.0B cubic meters1981: 7.0B cubic meters1982: 9.1B cubic meters1983: 7.7B cubic meters1984: 7.6B cubic meters1985: 7.7B cubic meters1986: 7.8B cubic meters1987: 8.7B cubic meters1988: 7.7B cubic meters1989: 8.6B cubic meters1990: 9.0B cubic meters1991: 8.3B cubic meters1992: 8.2B cubic meters1993: 8.2B cubic meters1994: 8.1B cubic meters1995: 8.1B cubic meters1996: 7.9B cubic meters1997: 7.8B cubic meters1998: 6.4B cubic meters1999: 7.6B cubic meters2000: 4.5B cubic meters2001: 4.5B cubic meters2002: 4.3B cubic meters2003: 2.0B cubic meters2004: 2.5B cubic meters2005: 2.3B cubic meters2006: 2.0B cubic meters2007: 2.0B cubic meters2008: 1.9B cubic meters2009: 1.7B cubic meters2010: 1.7B cubic meters2011: 1.7B cubic meters2012: 1.6B cubic meters2013: 1.6B cubic meters2014: 1.6B cubic meters2015: 1.6B cubic meters2016: 1.5B cubic meters2017: 1.2B cubic meters2018: 1.1B cubic meters2019: 1.0B cubic meters2020: 919.9M cubic meters2021: 919.9M cubic meters

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 Mexico stood at 919.92 million cubic meters. That is the lowest value across all 42 years on record.

Compared with earlier readings it is down 44.5% over ten years.

Over the whole period, oil reserves in Mexico peaked at 9.06 billion cubic meters in 1982 and was at its lowest, 919.92 million cubic meters, in 2020.

Mexico ranks 21st 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

DecadeAverage LowestHighest Years
1980s 7.69 billion cubic meters 4.97 billion cubic meters 9.06 billion cubic meters 10
1990s 7.93 billion cubic meters 6.36 billion cubic meters 8.96 billion cubic meters 10
2000s 2.76 billion cubic meters 1.67 billion cubic meters 4.52 billion cubic meters 10
2010s 1.46 billion cubic meters 1.02 billion cubic meters 1.66 billion cubic meters 10
2020s 919.92 million cubic meters 919.92 million cubic meters 919.92 million cubic meters 2

Countries ranked near Mexico

  1. 18 Norway 1.29 billion cubic meters compare
  2. 19 Angola 1.24 billion cubic meters compare
  3. 20 Azerbaijan 1.11 billion cubic meters compare
  4. 22 Oman 854.24 million cubic meters compare
  5. 23 Sudan 794.94 million cubic meters compare
  6. 24 India 732.12 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Mexico

All data for Mexico →

Frequently asked questions

What is oil reserves in Mexico?
Oil reserves in Mexico was 919.92 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 Mexico?
The highest recorded value was 9.06 billion cubic meters in 1982.
What is the lowest oil reserves recorded in Mexico?
The lowest recorded value was 919.92 million cubic meters in 2020.
How does Mexico rank for oil reserves?
Mexico ranks 21st out of 215 countries with data for 2021.
Is oil reserves rising or falling in Mexico?
Over the last ten years it is down 44.5%. The long-run trend across the full record is volatile.
Where does this Mexico 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.