Oil reserves in Taiwan

Taiwan: Oil reserves was 378,390 cubic meters in 2021. ▼ Falling

Latest (2021)
378,390 cubic meters
Change on year
unchanged
World rank
94th
of 215 countries
All-time high
1.62 million cubic meters
in 1980
All-time low
378,390 cubic meters
in 2006
Years of data
42
1980–2021

Oil reserves in Taiwan, 1980–2021

500.0k750.0k1.0M1.2M1.5M1980200020211980: 1.6M cubic meters1981: 1.4M cubic meters1982: 1.3M cubic meters1983: 1.1M cubic meters1984: 985.7k cubic meters1985: 906.2k cubic meters1986: 874.4k cubic meters1987: 858.5k cubic meters1988: 858.5k cubic meters1989: 794.9k cubic meters1990: 731.3k cubic meters1991: 715.4k cubic meters1992: 635.9k cubic meters1993: 635.9k cubic meters1994: 635.9k cubic meters1995: 635.9k cubic meters1996: 635.9k cubic meters1997: 635.9k cubic meters1998: 635.9k cubic meters1999: 635.9k cubic meters2000: 635.9k cubic meters2001: 635.9k cubic meters2002: 635.9k cubic meters2003: 635.9k cubic meters2004: 635.9k cubic meters2005: 635.9k cubic meters2006: 378.4k cubic meters2007: 378.4k cubic meters2008: 378.4k cubic meters2009: 378.4k cubic meters2010: 378.4k cubic meters2011: 378.4k cubic meters2012: 378.4k cubic meters2013: 378.4k cubic meters2014: 378.4k cubic meters2015: 378.4k cubic meters2016: 378.4k cubic meters2017: 378.4k cubic meters2018: 378.4k cubic meters2019: 378.4k cubic meters2020: 378.4k cubic meters2021: 378.4k cubic meters

Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.

Analysis

Taiwan recorded 378,390 cubic meters for oil reserves in 2021. That is the lowest value across all 42 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, oil reserves in Taiwan peaked at 1.62 million cubic meters in 1980 and was at its lowest, 378,390 cubic meters, in 2006.

Taiwan ranks 94th of 215 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.07 million cubic meters 794,936 cubic meters 1.62 million cubic meters 10
1990s 653,438 cubic meters 635,949 cubic meters 731,342 cubic meters 10
2000s 532,925 cubic meters 378,390 cubic meters 635,949 cubic meters 10
2010s 378,390 cubic meters 378,390 cubic meters 378,390 cubic meters 10
2020s 378,390 cubic meters 378,390 cubic meters 378,390 cubic meters 2

Countries ranked near Taiwan

  1. 91 Slovakia 1.43 million cubic meters compare
  2. 92 Benin 1.27 million cubic meters compare
  3. 93 Belize 1.07 million cubic meters compare
  4. 95 Barbados 314,477 cubic meters compare
  5. 96 Jordan 158,987 cubic meters compare
  6. 97 Morocco 108,747 cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Taiwan

All data for Taiwan →

Frequently asked questions

What is oil reserves in Taiwan?
Oil reserves in Taiwan was 378,390 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 Taiwan?
The highest recorded value was 1.62 million cubic meters in 1980.
What is the lowest oil reserves recorded in Taiwan?
The lowest recorded value was 378,390 cubic meters in 2006.
How does Taiwan rank for oil reserves?
Taiwan ranks 94th out of 215 countries with data for 2021.
Is oil reserves rising or falling in Taiwan?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Taiwan 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.