Oil reserves in Taiwan
Taiwan: Oil reserves was 378,390 cubic meters in 2021. ▼ Falling
Oil reserves in Taiwan, 1980–2021
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 95th of 216 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.
Oil reserves in Taiwan, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1980 | 1.62 million cubic meters | — |
| 1981 | 1.43 million cubic meters | -11.8% |
| 1982 | 1.27 million cubic meters | -11.1% |
| 1983 | 1.07 million cubic meters | -16.3% |
| 1984 | 985,721 cubic meters | -7.5% |
| 1985 | 906,228 cubic meters | -8.1% |
| 1986 | 874,430 cubic meters | -3.5% |
| 1987 | 858,531 cubic meters | -1.8% |
| 1988 | 858,531 cubic meters | +0.0% |
| 1989 | 794,936 cubic meters | -7.4% |
| 1990 | 731,342 cubic meters | -8.0% |
| 1991 | 715,443 cubic meters | -2.2% |
| 1992 | 635,949 cubic meters | -11.1% |
| 1993 | 635,949 cubic meters | +0.0% |
| 1994 | 635,949 cubic meters | +0.0% |
| 1995 | 635,949 cubic meters | +0.0% |
| 1996 | 635,949 cubic meters | +0.0% |
| 1997 | 635,949 cubic meters | +0.0% |
| 1998 | 635,949 cubic meters | +0.0% |
| 1999 | 635,949 cubic meters | +0.0% |
| 2000 | 635,949 cubic meters | +0.0% |
| 2001 | 635,949 cubic meters | +0.0% |
| 2002 | 635,949 cubic meters | +0.0% |
| 2003 | 635,949 cubic meters | +0.0% |
| 2004 | 635,949 cubic meters | +0.0% |
| 2005 | 635,949 cubic meters | +0.0% |
| 2006 | 378,390 cubic meters | -40.5% |
| 2007 | 378,390 cubic meters | +0.0% |
| 2008 | 378,390 cubic meters | +0.0% |
| 2009 | 378,390 cubic meters | +0.0% |
| 2010 | 378,390 cubic meters | +0.0% |
| 2011 | 378,390 cubic meters | +0.0% |
| 2012 | 378,390 cubic meters | +0.0% |
| 2013 | 378,390 cubic meters | +0.0% |
| 2014 | 378,390 cubic meters | +0.0% |
| 2015 | 378,390 cubic meters | +0.0% |
| 2016 | 378,390 cubic meters | +0.0% |
| 2017 | 378,390 cubic meters | +0.0% |
| 2018 | 378,390 cubic meters | +0.0% |
| 2019 | 378,390 cubic meters | +0.0% |
| 2020 | 378,390 cubic meters | +0.0% |
| 2021 | 378,390 cubic meters | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More energy & mining data for Taiwan
- Primary energy use, annual growth rate -1.36 % change on previous year (2025)
- Gas production 0.6225 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 26.82 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.6225 terawatt-hours (2024)
- Gas production per person 26.82 kilowatt-hours per person (2024)
- Primary energy use, annual growth rate -1.36 % change on previous year (2025)
- Fossil fuel consumption, annual growth rate 0.5874 % change on previous year (2025)
- Annual change in primary energy use, annual growth rate 19.69 % change on previous year (2025)
- Primary energy use, annual growth rate -1.36 % change on previous year (2025)
- Oil consumption, annual growth rate 2.28 % change on previous year (2025)
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 95th out of 216 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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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.