Oil reserves in Suriname
Suriname: Oil reserves was 14.15 million cubic meters in 2021. ▲ Rising
Oil reserves in Suriname, 1986–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
Suriname recorded 14.15 million cubic meters for oil reserves in 2021.
That represents a change of up 19.6% on the previous year and up 12.8% over ten years.
Over the whole period, oil reserves in Suriname peaked at 27.03 million cubic meters in 2003 and was at its lowest, 158,987 cubic meters, in 1986.
That places Suriname 72nd out of 216 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Oil reserves in Suriname, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1986 | 158,987 cubic meters | — |
| 1987 | 158,987 cubic meters | +0.0% |
| 1988 | 4.29 million cubic meters | +2600.0% |
| 1989 | 4.56 million cubic meters | +6.3% |
| 1990 | 4.48 million cubic meters | -1.7% |
| 1991 | 4.34 million cubic meters | -3.2% |
| 1992 | 5.98 million cubic meters | +37.7% |
| 1993 | 7.82 million cubic meters | +30.9% |
| 1994 | 8.94 million cubic meters | +14.2% |
| 1995 | 13.02 million cubic meters | +45.7% |
| 1996 | 11.77 million cubic meters | -9.6% |
| 1997 | 11.77 million cubic meters | +0.0% |
| 1998 | 11.77 million cubic meters | +0.0% |
| 1999 | 11.77 million cubic meters | +0.0% |
| 2000 | 11.77 million cubic meters | +0.0% |
| 2001 | 11.77 million cubic meters | +0.0% |
| 2002 | 11.77 million cubic meters | +0.0% |
| 2003 | 27.03 million cubic meters | +129.7% |
| 2004 | 17.65 million cubic meters | -34.7% |
| 2005 | 17.65 million cubic meters | +0.0% |
| 2006 | 17.65 million cubic meters | +0.0% |
| 2007 | 17.65 million cubic meters | +0.0% |
| 2008 | 13.99 million cubic meters | -20.7% |
| 2009 | 12.66 million cubic meters | -9.5% |
| 2010 | 12.66 million cubic meters | +0.0% |
| 2011 | 12.54 million cubic meters | -0.9% |
| 2012 | 11.45 million cubic meters | -8.7% |
| 2013 | 12.21 million cubic meters | +6.7% |
| 2014 | 14.71 million cubic meters | +20.4% |
| 2015 | 14.71 million cubic meters | +0.0% |
| 2016 | 15.90 million cubic meters | +8.1% |
| 2017 | 13.35 million cubic meters | -16.0% |
| 2018 | 13.39 million cubic meters | +0.3% |
| 2019 | 13.42 million cubic meters | +0.2% |
| 2020 | 11.83 million cubic meters | -11.8% |
| 2021 | 14.15 million cubic meters | +19.6% |
Suriname compared with similar countries
- Suriname's 14.15 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)
Biggest year-on-year movements
Years where Oil reserves in Suriname changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +2600.0% | 158,987 cubic meters | 4.29 million cubic meters |
| 2003 | +129.7% | 11.77 million cubic meters | 27.03 million cubic meters |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.29 million cubic meters | 158,987 cubic meters | 4.56 million cubic meters | 4 |
| 1990s | 9.16 million cubic meters | 4.34 million cubic meters | 13.02 million cubic meters | 10 |
| 2000s | 15.96 million cubic meters | 11.77 million cubic meters | 27.03 million cubic meters | 10 |
| 2010s | 13.43 million cubic meters | 11.45 million cubic meters | 15.90 million cubic meters | 10 |
| 2020s | 12.99 million cubic meters | 11.83 million cubic meters | 14.15 million cubic meters | 2 |
Countries ranked near Suriname
More energy & mining data for Suriname
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.3856 % 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 12.9% (2024)
Frequently asked questions
- What is oil reserves in Suriname?
- Oil reserves in Suriname was 14.15 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 Suriname?
- The highest recorded value was 27.03 million cubic meters in 2003.
- What is the lowest oil reserves recorded in Suriname?
- The lowest recorded value was 158,987 cubic meters in 1986.
- How does Suriname rank for oil reserves?
- Suriname ranks 72nd out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Suriname?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
- Where does this Suriname 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 — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.