Oil reserves in Myanmar

Myanmar: Oil reserves was 22.10 million cubic meters in 2021. ◆ Volatile

Latest (2021)
22.10 million cubic meters
Change on year
unchanged
World rank
64th
of 215 countries
All-time high
22.10 million cubic meters
in 2017
All-time low
3.97 million cubic meters
in 1980
Years of data
42
1980–2021

Oil reserves in Myanmar, 1980–2021

5.0M10.0M15.0M20.0M1980200020211980: 4.0M cubic meters1981: 4.8M cubic meters1982: 4.5M cubic meters1983: 5.1M cubic meters1984: 4.8M cubic meters1985: 4.5M cubic meters1986: 10.4M cubic meters1987: 9.2M cubic meters1988: 9.2M cubic meters1989: 8.6M cubic meters1990: 8.2M cubic meters1991: 8.1M cubic meters1992: 7.9M cubic meters1993: 7.9M cubic meters1994: 7.9M cubic meters1995: 7.9M cubic meters1996: 7.9M cubic meters1997: 7.9M cubic meters1998: 7.9M cubic meters1999: 7.9M cubic meters2000: 7.9M cubic meters2001: 7.9M cubic meters2002: 7.9M cubic meters2003: 7.9M cubic meters2004: 7.9M cubic meters2005: 7.9M cubic meters2006: 7.9M cubic meters2007: 7.9M cubic meters2008: 7.9M cubic meters2009: 7.9M cubic meters2010: 7.9M cubic meters2011: 7.9M cubic meters2012: 7.9M cubic meters2013: 7.9M cubic meters2014: 7.9M cubic meters2015: 7.9M cubic meters2016: 7.9M cubic meters2017: 22.1M cubic meters2018: 22.1M cubic meters2019: 22.1M cubic meters2020: 22.1M cubic meters2021: 22.1M 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 Myanmar stood at 22.10 million cubic meters. That is the highest value across all 42 years on record.

The figure is up 178.0% over ten years.

Over the whole period, oil reserves in Myanmar peaked at 22.10 million cubic meters in 2017 and was at its lowest, 3.97 million cubic meters, in 1980.

Myanmar ranks 64th of 215 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.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.49 million cubic meters 3.97 million cubic meters 10.41 million cubic meters 10
1990s 7.99 million cubic meters 7.95 million cubic meters 8.16 million cubic meters 10
2000s 7.95 million cubic meters 7.95 million cubic meters 7.95 million cubic meters 10
2010s 12.19 million cubic meters 7.95 million cubic meters 22.10 million cubic meters 10
2020s 22.10 million cubic meters 22.10 million cubic meters 22.10 million cubic meters 2

Countries ranked near Myanmar

  1. 65 Philippines 22.02 million cubic meters compare
  2. 66 Netherlands 21.90 million cubic meters compare
  3. 67 Cuba 19.71 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Myanmar

All data for Myanmar →

Frequently asked questions

What is oil reserves in Myanmar?
Oil reserves in Myanmar was 22.10 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 Myanmar?
The highest recorded value was 22.10 million cubic meters in 2017.
What is the lowest oil reserves recorded in Myanmar?
The lowest recorded value was 3.97 million cubic meters in 1980.
How does Myanmar rank for oil reserves?
Myanmar ranks 64th out of 215 countries with data for 2021.
Is oil reserves rising or falling in Myanmar?
Over the last ten years it is up 178.0%. The long-run trend across the full record is volatile.
Where does this Myanmar 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.

Download this data

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.