Oil reserves, per unit of GDP in Canada
Canada: Oil reserves, per unit of GDP was 0.0134 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Canada, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
Canada recorded 0.0134 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021.
The figure is down 17.9% on the previous year and down 13.8% over ten years.
Over the whole period, oil reserves, per unit of gdp in Canada peaked at 0.032 cubic meters per US$ of GDP in 2003 and was at its lowest, 0.001 cubic meters per US$ of GDP, in 2001.
Canada ranks 19th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Canada, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0039 cubic meters per US$ of GDP | — |
| 1981 | 0.0033 cubic meters per US$ of GDP | -15.8% |
| 1982 | 0.0037 cubic meters per US$ of GDP | +11.4% |
| 1983 | 0.0033 cubic meters per US$ of GDP | -11.5% |
| 1984 | 0.003 cubic meters per US$ of GDP | -8.1% |
| 1985 | 0.0031 cubic meters per US$ of GDP | +2.4% |
| 1986 | 0.0027 cubic meters per US$ of GDP | -11.2% |
| 1987 | 0.0025 cubic meters per US$ of GDP | -7.8% |
| 1988 | 0.0021 cubic meters per US$ of GDP | -15.3% |
| 1989 | 0.0019 cubic meters per US$ of GDP | -10.7% |
| 1990 | 0.0016 cubic meters per US$ of GDP | -14.0% |
| 1991 | 0.0015 cubic meters per US$ of GDP | -8.2% |
| 1992 | 0.0015 cubic meters per US$ of GDP | -0.4% |
| 1993 | 0.0015 cubic meters per US$ of GDP | -2.8% |
| 1994 | 0.0014 cubic meters per US$ of GDP | -3.9% |
| 1995 | 0.0013 cubic meters per US$ of GDP | -5.4% |
| 1996 | 0.0012 cubic meters per US$ of GDP | -6.6% |
| 1997 | 0.0012 cubic meters per US$ of GDP | -3.8% |
| 1998 | 0.0012 cubic meters per US$ of GDP | +2.2% |
| 1999 | 0.0012 cubic meters per US$ of GDP | -4.8% |
| 2000 | 0.0011 cubic meters per US$ of GDP | -8.9% |
| 2001 | 0.001 cubic meters per US$ of GDP | -3.8% |
| 2002 | 0.001 cubic meters per US$ of GDP | +0.3% |
| 2003 | 0.032 cubic meters per US$ of GDP | +3047.5% |
| 2004 | 0.0277 cubic meters per US$ of GDP | -13.3% |
| 2005 | 0.0242 cubic meters per US$ of GDP | -12.5% |
| 2006 | 0.0215 cubic meters per US$ of GDP | -11.1% |
| 2007 | 0.0194 cubic meters per US$ of GDP | -10.0% |
| 2008 | 0.0183 cubic meters per US$ of GDP | -5.7% |
| 2009 | 0.0206 cubic meters per US$ of GDP | +12.7% |
| 2010 | 0.0172 cubic meters per US$ of GDP | -16.4% |
| 2011 | 0.0155 cubic meters per US$ of GDP | -9.8% |
| 2012 | 0.0151 cubic meters per US$ of GDP | -2.8% |
| 2013 | 0.0149 cubic meters per US$ of GDP | -1.3% |
| 2014 | 0.0152 cubic meters per US$ of GDP | +2.3% |
| 2015 | 0.0176 cubic meters per US$ of GDP | +15.5% |
| 2016 | 0.0178 cubic meters per US$ of GDP | +0.9% |
| 2017 | 0.0164 cubic meters per US$ of GDP | -8.0% |
| 2018 | 0.0157 cubic meters per US$ of GDP | -3.9% |
| 2019 | 0.0153 cubic meters per US$ of GDP | -2.9% |
| 2020 | 0.0163 cubic meters per US$ of GDP | +6.9% |
| 2021 | 0.0134 cubic meters per US$ of GDP | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.003 cubic meters per US$ of GDP | 0.0019 cubic meters per US$ of GDP | 0.0039 cubic meters per US$ of GDP | 10 |
| 1990s | 0.0014 cubic meters per US$ of GDP | 0.0012 cubic meters per US$ of GDP | 0.0016 cubic meters per US$ of GDP | 10 |
| 2000s | 0.0167 cubic meters per US$ of GDP | 0.001 cubic meters per US$ of GDP | 0.032 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0161 cubic meters per US$ of GDP | 0.0149 cubic meters per US$ of GDP | 0.0178 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0148 cubic meters per US$ of GDP | 0.0134 cubic meters per US$ of GDP | 0.0163 cubic meters per US$ of GDP | 2 |
Countries ranked near Canada
- 16 Angola 0.0158 cubic meters per US$ of GDP compare
- 17 Equatorial Guinea 0.0143 cubic meters per US$ of GDP compare
- 18 Chad 0.0141 cubic meters per US$ of GDP compare
- 20 Brunei Darussalam 0.0125 cubic meters per US$ of GDP compare
- 21 Ecuador 0.0123 cubic meters per US$ of GDP compare
- 22 Algeria 0.0104 cubic meters per US$ of GDP compare
More energy & mining data for Canada
- Fuel imports 6.5% (2024)
- Ores and metals imports 3.2% (2024)
- Ores and metals exports 7.2% (2024)
- Gas production 2,062 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 51,394 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 2,062 terawatt-hours (2025)
- Gas production per person 51,394 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is oil reserves, per unit of gdp in Canada?
- Oil reserves, per unit of gdp in Canada was 0.0134 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Canada?
- The highest recorded value was 0.032 cubic meters per US$ of GDP in 2003.
- What is the lowest oil reserves, per unit of gdp recorded in Canada?
- The lowest recorded value was 0.001 cubic meters per US$ of GDP in 2001.
- How does Canada rank for oil reserves, per unit of gdp?
- Canada ranks 19th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Canada?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is volatile.
- Where does this Canada 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.