Oil reserves, per unit of GDP in Ecuador

Ecuador: Oil reserves, per unit of GDP was 0.0123 cubic meters per US$ of GDP in 2021. ▬ Flat

Latest (2021)
0.0123 cubic meters per US$ of GDP
Change on year
down 10.6%
World rank
21st
of 198 countries
All-time high
0.0238 cubic meters per US$ of GDP
in 2003
All-time low
0.0068 cubic meters per US$ of GDP
in 1982
Years of data
42
1980–2021

Oil reserves, per unit of GDP in Ecuador, 1980–2021

0.0050.010.0150.020.0251980200020211980: 0.01 cubic meters per US$ of GDP1981: 0.008 cubic meters per US$ of GDP1982: 0.007 cubic meters per US$ of GDP1983: 0.013 cubic meters per US$ of GDP1984: 0.016 cubic meters per US$ of GDP1985: 0.013 cubic meters per US$ of GDP1986: 0.017 cubic meters per US$ of GDP1987: 0.019 cubic meters per US$ of GDP1988: 0.02 cubic meters per US$ of GDP1989: 0.015 cubic meters per US$ of GDP1990: 0.016 cubic meters per US$ of GDP1991: 0.013 cubic meters per US$ of GDP1992: 0.014 cubic meters per US$ of GDP1993: 0.013 cubic meters per US$ of GDP1994: 0.014 cubic meters per US$ of GDP1995: 0.013 cubic meters per US$ of GDP1996: 0.013 cubic meters per US$ of GDP1997: 0.012 cubic meters per US$ of GDP1998: 0.012 cubic meters per US$ of GDP1999: 0.017 cubic meters per US$ of GDP2000: 0.019 cubic meters per US$ of GDP2001: 0.015 cubic meters per US$ of GDP2002: 0.012 cubic meters per US$ of GDP2003: 0.024 cubic meters per US$ of GDP2004: 0.021 cubic meters per US$ of GDP2005: 0.018 cubic meters per US$ of GDP2006: 0.016 cubic meters per US$ of GDP2007: 0.014 cubic meters per US$ of GDP2008: 0.012 cubic meters per US$ of GDP2009: 0.012 cubic meters per US$ of GDP2010: 0.015 cubic meters per US$ of GDP2011: 0.013 cubic meters per US$ of GDP2012: 0.013 cubic meters per US$ of GDP2013: 0.014 cubic meters per US$ of GDP2014: 0.013 cubic meters per US$ of GDP2015: 0.014 cubic meters per US$ of GDP2016: 0.013 cubic meters per US$ of GDP2017: 0.013 cubic meters per US$ of GDP2018: 0.012 cubic meters per US$ of GDP2019: 0.012 cubic meters per US$ of GDP2020: 0.014 cubic meters per US$ of GDP2021: 0.012 cubic meters per US$ of GDP

Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.

Analysis

Ecuador recorded 0.0123 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021.

The figure is down 10.6% on the previous year and down 6.3% over ten years.

Over the whole period, oil reserves, per unit of gdp in Ecuador peaked at 0.0238 cubic meters per US$ of GDP in 2003 and was at its lowest, 0.0068 cubic meters per US$ of GDP, in 1982.

That places Ecuador 21st out of 198 countries with data for 2021, putting it in the top quarter.

Oil reserves, per unit of GDP in Ecuador, year by year

Annual values for Oil reserves, per unit of GDP in Ecuador, 1980 to 2021.
Year cubic meters per US$ of GDP Change
1980 0.0098 cubic meters per US$ of GDP
1981 0.008 cubic meters per US$ of GDP -18.0%
1982 0.0068 cubic meters per US$ of GDP -15.4%
1983 0.013 cubic meters per US$ of GDP +91.4%
1984 0.0157 cubic meters per US$ of GDP +21.3%
1985 0.013 cubic meters per US$ of GDP -17.6%
1986 0.0171 cubic meters per US$ of GDP +32.0%
1987 0.0191 cubic meters per US$ of GDP +11.3%
1988 0.0197 cubic meters per US$ of GDP +3.2%
1989 0.0155 cubic meters per US$ of GDP -21.5%
1990 0.0158 cubic meters per US$ of GDP +2.2%
1991 0.0133 cubic meters per US$ of GDP -15.9%
1992 0.0136 cubic meters per US$ of GDP +2.5%
1993 0.0134 cubic meters per US$ of GDP -1.4%
1994 0.0141 cubic meters per US$ of GDP +5.0%
1995 0.0131 cubic meters per US$ of GDP -7.1%
1996 0.0133 cubic meters per US$ of GDP +1.7%
1997 0.0119 cubic meters per US$ of GDP -10.4%
1998 0.012 cubic meters per US$ of GDP +0.6%
1999 0.0171 cubic meters per US$ of GDP +42.4%
2000 0.0192 cubic meters per US$ of GDP +12.0%
2001 0.0145 cubic meters per US$ of GDP -24.2%
2002 0.0124 cubic meters per US$ of GDP -14.5%
2003 0.0238 cubic meters per US$ of GDP +91.2%
2004 0.0209 cubic meters per US$ of GDP -12.0%
2005 0.0183 cubic meters per US$ of GDP -12.6%
2006 0.0161 cubic meters per US$ of GDP -11.8%
2007 0.0144 cubic meters per US$ of GDP -10.6%
2008 0.0117 cubic meters per US$ of GDP -18.5%
2009 0.0123 cubic meters per US$ of GDP +5.0%
2010 0.0152 cubic meters per US$ of GDP +23.0%
2011 0.0131 cubic meters per US$ of GDP -13.6%
2012 0.0131 cubic meters per US$ of GDP -0.3%
2013 0.0136 cubic meters per US$ of GDP +3.8%
2014 0.0128 cubic meters per US$ of GDP -6.0%
2015 0.0144 cubic meters per US$ of GDP +13.3%
2016 0.0135 cubic meters per US$ of GDP -6.8%
2017 0.0126 cubic meters per US$ of GDP -6.5%
2018 0.0122 cubic meters per US$ of GDP -2.8%
2019 0.0122 cubic meters per US$ of GDP -0.1%
2020 0.0137 cubic meters per US$ of GDP +12.2%
2021 0.0123 cubic meters per US$ of GDP -10.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0138 cubic meters per US$ of GDP 0.0068 cubic meters per US$ of GDP 0.0197 cubic meters per US$ of GDP 10
1990s 0.0138 cubic meters per US$ of GDP 0.0119 cubic meters per US$ of GDP 0.0171 cubic meters per US$ of GDP 10
2000s 0.0164 cubic meters per US$ of GDP 0.0117 cubic meters per US$ of GDP 0.0238 cubic meters per US$ of GDP 10
2010s 0.0133 cubic meters per US$ of GDP 0.0122 cubic meters per US$ of GDP 0.0152 cubic meters per US$ of GDP 10
2020s 0.013 cubic meters per US$ of GDP 0.0123 cubic meters per US$ of GDP 0.0137 cubic meters per US$ of GDP 2

Countries ranked near Ecuador

  1. 18 Chad 0.0141 cubic meters per US$ of GDP compare
  2. 19 Canada 0.0134 cubic meters per US$ of GDP compare
  3. 20 Brunei Darussalam 0.0125 cubic meters per US$ of GDP compare
  4. 22 Algeria 0.0104 cubic meters per US$ of GDP compare
  5. 23 Uganda 0.0098 cubic meters per US$ of GDP compare
  6. 24 Oman 0.0098 cubic meters per US$ of GDP compare

See the full ranking of 198 places →

More energy & mining data for Ecuador

All data for Ecuador →

Frequently asked questions

What is oil reserves, per unit of gdp in Ecuador?
Oil reserves, per unit of gdp in Ecuador was 0.0123 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
What is the highest oil reserves, per unit of gdp recorded in Ecuador?
The highest recorded value was 0.0238 cubic meters per US$ of GDP in 2003.
What is the lowest oil reserves, per unit of gdp recorded in Ecuador?
The lowest recorded value was 0.0068 cubic meters per US$ of GDP in 1982.
How does Ecuador rank for oil reserves, per unit of gdp?
Ecuador ranks 21st out of 198 countries with data for 2021.
Is oil reserves, per unit of gdp rising or falling in Ecuador?
Over the last ten years it is down 6.3%. The long-run trend across the full record is flat.
Where does this Ecuador 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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Oil reserves, per unit of GDP in Ecuador. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://energy.statizoid.com/stat/oil-reserves-per-unit-of-gdp/ecuador/

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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

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

Indicator
Oil reserves, per unit of GDP
Unit
cubic meters per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,375 data points, 1980–2021
Last refreshed

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.