Oil reserves, per unit of GDP in Georgia
Georgia: Oil reserves, per unit of GDP was 0.0003 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Georgia, 1997–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
Georgia recorded 0.0003 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021. That is the lowest value across all 25 years on record.
The figure is down 15.1% on the previous year and down 17.9% over ten years.
Over the whole period, oil reserves, per unit of gdp in Georgia peaked at 0.002 cubic meters per US$ of GDP in 1999 and was at its lowest, 0.0003 cubic meters per US$ of GDP, in 2021.
Georgia ranks 58th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Georgia, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0016 cubic meters per US$ of GDP | — |
| 1998 | 0.0015 cubic meters per US$ of GDP | -2.8% |
| 1999 | 0.002 cubic meters per US$ of GDP | +29.1% |
| 2000 | 0.0018 cubic meters per US$ of GDP | -8.4% |
| 2001 | 0.0017 cubic meters per US$ of GDP | -5.0% |
| 2002 | 0.0016 cubic meters per US$ of GDP | -5.2% |
| 2003 | 0.0014 cubic meters per US$ of GDP | -14.9% |
| 2004 | 0.0011 cubic meters per US$ of GDP | -22.1% |
| 2005 | 0.0009 cubic meters per US$ of GDP | -20.1% |
| 2006 | 0.0007 cubic meters per US$ of GDP | -17.2% |
| 2007 | 0.0005 cubic meters per US$ of GDP | -23.9% |
| 2008 | 0.0004 cubic meters per US$ of GDP | -20.5% |
| 2009 | 0.0005 cubic meters per US$ of GDP | +18.8% |
| 2010 | 0.0004 cubic meters per US$ of GDP | -13.4% |
| 2011 | 0.0004 cubic meters per US$ of GDP | -19.7% |
| 2012 | 0.0003 cubic meters per US$ of GDP | -8.4% |
| 2013 | 0.0003 cubic meters per US$ of GDP | -3.6% |
| 2014 | 0.0003 cubic meters per US$ of GDP | -2.5% |
| 2015 | 0.0004 cubic meters per US$ of GDP | +18.0% |
| 2016 | 0.0004 cubic meters per US$ of GDP | -1.4% |
| 2017 | 0.0003 cubic meters per US$ of GDP | -6.2% |
| 2018 | 0.0003 cubic meters per US$ of GDP | -8.0% |
| 2019 | 0.0003 cubic meters per US$ of GDP | +1.5% |
| 2020 | 0.0003 cubic meters per US$ of GDP | +10.2% |
| 2021 | 0.0003 cubic meters per US$ of GDP | -15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0017 cubic meters per US$ of GDP | 0.0015 cubic meters per US$ of GDP | 0.002 cubic meters per US$ of GDP | 3 |
| 2000s | 0.0011 cubic meters per US$ of GDP | 0.0004 cubic meters per US$ of GDP | 0.0018 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0003 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 0.0004 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0003 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 2 |
Countries ranked near Georgia
- 55 Myanmar 0.0003 cubic meters per US$ of GDP compare
- 56 Indonesia 0.0003 cubic meters per US$ of GDP compare
- 57 Ukraine 0.0003 cubic meters per US$ of GDP compare
- 59 Australia 0.0002 cubic meters per US$ of GDP compare
- 60 Pakistan 0.0002 cubic meters per US$ of GDP compare
- 61 India 0.0002 cubic meters per US$ of GDP compare
More energy & mining data for Georgia
- Fuel imports 11.2% (2024)
- Ores and metals imports 1.7% (2024)
- Ores and metals exports 13.6% (2024)
- Gas production 0.1008 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 26.46 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.1008 terawatt-hours (2024)
- Gas production per person 26.46 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 Georgia?
- Oil reserves, per unit of gdp in Georgia was 0.0003 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Georgia?
- The highest recorded value was 0.002 cubic meters per US$ of GDP in 1999.
- What is the lowest oil reserves, per unit of gdp recorded in Georgia?
- The lowest recorded value was 0.0003 cubic meters per US$ of GDP in 2021.
- How does Georgia rank for oil reserves, per unit of gdp?
- Georgia ranks 58th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Georgia?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is volatile.
- Where does this Georgia 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.