Oil reserves in Spain
Spain: Oil reserves was 23.85 million cubic meters in 2021. ◆ Volatile
Oil reserves in Spain, 1980–2021
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 Spain is 23.85 million cubic meters, measured in 2021.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, oil reserves in Spain peaked at 55.65 million cubic meters in 1981 and was at its lowest, 2.23 million cubic meters, in 1999.
That places Spain 60th out of 215 countries with data for 2021, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.25 million cubic meters | 4.13 million cubic meters | 55.65 million cubic meters | 10 |
| 1990s | 3.59 million cubic meters | 2.23 million cubic meters | 4.77 million cubic meters | 10 |
| 2000s | 18.07 million cubic meters | 2.23 million cubic meters | 25.06 million cubic meters | 10 |
| 2010s | 23.85 million cubic meters | 23.85 million cubic meters | 23.85 million cubic meters | 10 |
| 2020s | 23.85 million cubic meters | 23.85 million cubic meters | 23.85 million cubic meters | 2 |
Countries ranked near Spain
- 57 Bahrain 29.65 million cubic meters compare
- 58 Democratic Republic of Congo 28.62 million cubic meters compare
- 59 Papua New Guinea 25.38 million cubic meters compare
- 60 Albania 23.85 million cubic meters compare
- 60 Chile 23.85 million cubic meters compare
- 60 Niger 23.85 million cubic meters compare
More energy & mining data for Spain
- Fuel imports 13.4% (2024)
- Ores and metals imports 3.6% (2024)
- Ores and metals exports 3.4% (2024)
- Gas production 0.3324 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 6.94 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.3324 terawatt-hours (2024)
- Gas production per person 6.94 kilowatt-hours per person (2024)
- Fuel exports 5.8% (2024)
- Electric power transmission and distribution losses 8.3% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 45.3% (2023)
Frequently asked questions
- What is oil reserves in Spain?
- Oil reserves in Spain was 23.85 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 Spain?
- The highest recorded value was 55.65 million cubic meters in 1981.
- What is the lowest oil reserves recorded in Spain?
- The lowest recorded value was 2.23 million cubic meters in 1999.
- How does Spain rank for oil reserves?
- Spain ranks 60th out of 215 countries with data for 2021.
- Is oil reserves rising or falling in Spain?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Spain 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.