Oil reserves, per unit of GDP in Albania
Albania: Oil reserves, per unit of GDP was 0.0013 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Albania, 1992–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Albania stood at 0.0013 cubic meters per US$ of GDP. That is the lowest value across all 30 years on record.
The figure is down 15.5% on the previous year and down 45.8% over ten years.
Over the whole period, oil reserves, per unit of gdp in Albania peaked at 0.0402 cubic meters per US$ of GDP in 1992 and was at its lowest, 0.0013 cubic meters per US$ of GDP, in 2021.
Albania ranks 35th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Albania, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0402 cubic meters per US$ of GDP | — |
| 1993 | 0.0221 cubic meters per US$ of GDP | -45.0% |
| 1994 | 0.0139 cubic meters per US$ of GDP | -37.0% |
| 1995 | 0.009 cubic meters per US$ of GDP | -35.3% |
| 1996 | 0.0081 cubic meters per US$ of GDP | -10.2% |
| 1997 | 0.0114 cubic meters per US$ of GDP | +41.0% |
| 1998 | 0.0101 cubic meters per US$ of GDP | -11.8% |
| 1999 | 0.008 cubic meters per US$ of GDP | -20.8% |
| 2000 | 0.0073 cubic meters per US$ of GDP | -8.4% |
| 2001 | 0.0065 cubic meters per US$ of GDP | -11.7% |
| 2002 | 0.0058 cubic meters per US$ of GDP | -10.1% |
| 2003 | 0.0045 cubic meters per US$ of GDP | -22.2% |
| 2004 | 0.0035 cubic meters per US$ of GDP | -21.7% |
| 2005 | 0.0032 cubic meters per US$ of GDP | -10.3% |
| 2006 | 0.0034 cubic meters per US$ of GDP | +8.3% |
| 2007 | 0.0028 cubic meters per US$ of GDP | -17.7% |
| 2008 | 0.0024 cubic meters per US$ of GDP | -15.7% |
| 2009 | 0.0026 cubic meters per US$ of GDP | +7.5% |
| 2010 | 0.0026 cubic meters per US$ of GDP | +2.1% |
| 2011 | 0.0024 cubic meters per US$ of GDP | -6.8% |
| 2012 | 0.0026 cubic meters per US$ of GDP | +5.9% |
| 2013 | 0.0021 cubic meters per US$ of GDP | -17.2% |
| 2014 | 0.002 cubic meters per US$ of GDP | -6.0% |
| 2015 | 0.0023 cubic meters per US$ of GDP | +15.9% |
| 2016 | 0.0022 cubic meters per US$ of GDP | -4.3% |
| 2017 | 0.002 cubic meters per US$ of GDP | -9.6% |
| 2018 | 0.0017 cubic meters per US$ of GDP | -13.8% |
| 2019 | 0.0017 cubic meters per US$ of GDP | -1.3% |
| 2020 | 0.0016 cubic meters per US$ of GDP | -8.9% |
| 2021 | 0.0013 cubic meters per US$ of GDP | -15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0154 cubic meters per US$ of GDP | 0.008 cubic meters per US$ of GDP | 0.0402 cubic meters per US$ of GDP | 8 |
| 2000s | 0.0042 cubic meters per US$ of GDP | 0.0024 cubic meters per US$ of GDP | 0.0073 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0022 cubic meters per US$ of GDP | 0.0017 cubic meters per US$ of GDP | 0.0026 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0014 cubic meters per US$ of GDP | 0.0013 cubic meters per US$ of GDP | 0.0016 cubic meters per US$ of GDP | 2 |
Countries ranked near Albania
- 32 Trinidad and Tobago 0.0016 cubic meters per US$ of GDP compare
- 33 Malaysia 0.0015 cubic meters per US$ of GDP compare
- 34 Tunisia 0.0014 cubic meters per US$ of GDP compare
- 36 Ghana 0.0013 cubic meters per US$ of GDP compare
- 37 Egypt 0.0012 cubic meters per US$ of GDP compare
- 38 Brazil 0.0012 cubic meters per US$ of GDP compare
More energy & mining data for Albania
- Fuel imports 8.6% (2024)
- Ores and metals imports 1.3% (2024)
- Ores and metals exports 5.6% (2024)
- Gas production 0.5635 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 201.83 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.5635 terawatt-hours (2024)
- Gas production per person 201.83 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil reserves, per unit of gdp in Albania?
- Oil reserves, per unit of gdp in Albania was 0.0013 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Albania?
- The highest recorded value was 0.0402 cubic meters per US$ of GDP in 1992.
- What is the lowest oil reserves, per unit of gdp recorded in Albania?
- The lowest recorded value was 0.0013 cubic meters per US$ of GDP in 2021.
- How does Albania rank for oil reserves, per unit of gdp?
- Albania ranks 35th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Albania?
- Over the last ten years it is down 45.8%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.