Oil reserves, per unit of GDP in Russia
Russia: Oil reserves, per unit of GDP was 0.007 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Russia, 1997–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Russia stood at 0.007 cubic meters per US$ of GDP.
The figure is down 18.4% on the previous year and up 49.1% over ten years.
Over the whole period, oil reserves, per unit of gdp in Russia peaked at 0.0394 cubic meters per US$ of GDP in 1999 and was at its lowest, 0.0043 cubic meters per US$ of GDP, in 2012.
That places Russia 26th out of 198 countries with data for 2021, putting it 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 Russia, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0191 cubic meters per US$ of GDP | — |
| 1998 | 0.0285 cubic meters per US$ of GDP | +49.4% |
| 1999 | 0.0394 cubic meters per US$ of GDP | +38.3% |
| 2000 | 0.0297 cubic meters per US$ of GDP | -24.6% |
| 2001 | 0.0252 cubic meters per US$ of GDP | -15.3% |
| 2002 | 0.0224 cubic meters per US$ of GDP | -11.3% |
| 2003 | 0.0222 cubic meters per US$ of GDP | -0.8% |
| 2004 | 0.0161 cubic meters per US$ of GDP | -27.2% |
| 2005 | 0.0125 cubic meters per US$ of GDP | -22.6% |
| 2006 | 0.0096 cubic meters per US$ of GDP | -22.8% |
| 2007 | 0.0073 cubic meters per US$ of GDP | -23.8% |
| 2008 | 0.0057 cubic meters per US$ of GDP | -21.7% |
| 2009 | 0.0078 cubic meters per US$ of GDP | +35.8% |
| 2010 | 0.0063 cubic meters per US$ of GDP | -19.8% |
| 2011 | 0.0047 cubic meters per US$ of GDP | -25.5% |
| 2012 | 0.0043 cubic meters per US$ of GDP | -7.4% |
| 2013 | 0.0055 cubic meters per US$ of GDP | +28.4% |
| 2014 | 0.0062 cubic meters per US$ of GDP | +11.3% |
| 2015 | 0.0093 cubic meters per US$ of GDP | +51.0% |
| 2016 | 0.01 cubic meters per US$ of GDP | +6.8% |
| 2017 | 0.0081 cubic meters per US$ of GDP | -18.9% |
| 2018 | 0.0077 cubic meters per US$ of GDP | -5.0% |
| 2019 | 0.0075 cubic meters per US$ of GDP | -2.1% |
| 2020 | 0.0085 cubic meters per US$ of GDP | +13.4% |
| 2021 | 0.007 cubic meters per US$ of GDP | -18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.029 cubic meters per US$ of GDP | 0.0191 cubic meters per US$ of GDP | 0.0394 cubic meters per US$ of GDP | 3 |
| 2000s | 0.0159 cubic meters per US$ of GDP | 0.0057 cubic meters per US$ of GDP | 0.0297 cubic meters per US$ of GDP | 10 |
| 2010s | 0.007 cubic meters per US$ of GDP | 0.0043 cubic meters per US$ of GDP | 0.01 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0077 cubic meters per US$ of GDP | 0.007 cubic meters per US$ of GDP | 0.0085 cubic meters per US$ of GDP | 2 |
Countries ranked near Russia
- 23 Uganda 0.0098 cubic meters per US$ of GDP compare
- 24 Oman 0.0098 cubic meters per US$ of GDP compare
- 25 Nigeria 0.0096 cubic meters per US$ of GDP compare
- 27 Suriname 0.0046 cubic meters per US$ of GDP compare
- 28 Turkmenistan 0.0036 cubic meters per US$ of GDP compare
- 29 Norway 0.0025 cubic meters per US$ of GDP compare
More energy & mining data for Russia
- Fuel imports 0.8% (2021)
- Ores and metals imports 2.9% (2021)
- Ores and metals exports 7.4% (2021)
- Gas production 6,094 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 42,319 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 6,094 terawatt-hours (2025)
- Gas production per person 42,319 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 Russia?
- Oil reserves, per unit of gdp in Russia was 0.007 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Russia?
- The highest recorded value was 0.0394 cubic meters per US$ of GDP in 1999.
- What is the lowest oil reserves, per unit of gdp recorded in Russia?
- The lowest recorded value was 0.0043 cubic meters per US$ of GDP in 2012.
- How does Russia rank for oil reserves, per unit of gdp?
- Russia ranks 26th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Russia?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is volatile.
- Where does this Russia 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.