Oil reserves, per unit of GDP in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Oil reserves, per unit of GDP was 0.0001 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in United Kingdom of Great Britain and Northern Ireland, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in United Kingdom of Great Britain and Northern Ireland stood at 0.0001 cubic meters per US$ of GDP. That is the lowest value across all 42 years on record.
That represents a change of down 21.0% on the previous year and down 26.7% over ten years.
Over the whole period, oil reserves, per unit of gdp in United Kingdom of Great Britain and Northern Ireland peaked at 0.0046 cubic meters per US$ of GDP in 1982 and was at its lowest, 0.0001 cubic meters per US$ of GDP, in 2021.
That places United Kingdom of Great Britain and Northern Ireland 70th out of 198 countries with data for 2021, putting it 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 United Kingdom of Great Britain and Northern Ireland, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0043 cubic meters per US$ of GDP | — |
| 1981 | 0.0044 cubic meters per US$ of GDP | +0.4% |
| 1982 | 0.0046 cubic meters per US$ of GDP | +5.0% |
| 1983 | 0.0045 cubic meters per US$ of GDP | -1.2% |
| 1984 | 0.0045 cubic meters per US$ of GDP | +0.4% |
| 1985 | 0.0044 cubic meters per US$ of GDP | -2.5% |
| 1986 | 0.0034 cubic meters per US$ of GDP | -22.2% |
| 1987 | 0.0019 cubic meters per US$ of GDP | -44.1% |
| 1988 | 0.0009 cubic meters per US$ of GDP | -52.7% |
| 1989 | 0.0009 cubic meters per US$ of GDP | -2.3% |
| 1990 | 0.0006 cubic meters per US$ of GDP | -30.3% |
| 1991 | 0.0005 cubic meters per US$ of GDP | -14.0% |
| 1992 | 0.0005 cubic meters per US$ of GDP | +1.2% |
| 1993 | 0.0006 cubic meters per US$ of GDP | +15.3% |
| 1994 | 0.0006 cubic meters per US$ of GDP | +2.3% |
| 1995 | 0.0005 cubic meters per US$ of GDP | -16.2% |
| 1996 | 0.0005 cubic meters per US$ of GDP | -10.0% |
| 1997 | 0.0005 cubic meters per US$ of GDP | -4.4% |
| 1998 | 0.0005 cubic meters per US$ of GDP | +4.7% |
| 1999 | 0.0005 cubic meters per US$ of GDP | +1.8% |
| 2000 | 0.0005 cubic meters per US$ of GDP | +0.6% |
| 2001 | 0.0005 cubic meters per US$ of GDP | -2.0% |
| 2002 | 0.0004 cubic meters per US$ of GDP | -8.9% |
| 2003 | 0.0004 cubic meters per US$ of GDP | -16.9% |
| 2004 | 0.0003 cubic meters per US$ of GDP | -16.1% |
| 2005 | 0.0003 cubic meters per US$ of GDP | -8.4% |
| 2006 | 0.0002 cubic meters per US$ of GDP | -15.8% |
| 2007 | 0.0002 cubic meters per US$ of GDP | -15.8% |
| 2008 | 0.0002 cubic meters per US$ of GDP | -2.1% |
| 2009 | 0.0002 cubic meters per US$ of GDP | +14.8% |
| 2010 | 0.0002 cubic meters per US$ of GDP | -12.0% |
| 2011 | 0.0002 cubic meters per US$ of GDP | -13.5% |
| 2012 | 0.0002 cubic meters per US$ of GDP | -2.7% |
| 2013 | 0.0002 cubic meters per US$ of GDP | +7.4% |
| 2014 | 0.0002 cubic meters per US$ of GDP | -13.5% |
| 2015 | 0.0002 cubic meters per US$ of GDP | +4.9% |
| 2016 | 0.0002 cubic meters per US$ of GDP | +0.5% |
| 2017 | 0.0002 cubic meters per US$ of GDP | -6.7% |
| 2018 | 0.0001 cubic meters per US$ of GDP | -9.2% |
| 2019 | 0.0001 cubic meters per US$ of GDP | +0.7% |
| 2020 | 0.0002 cubic meters per US$ of GDP | +14.0% |
| 2021 | 0.0001 cubic meters per US$ of GDP | -21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0034 cubic meters per US$ of GDP | 0.0009 cubic meters per US$ of GDP | 0.0046 cubic meters per US$ of GDP | 10 |
| 1990s | 0.0005 cubic meters per US$ of GDP | 0.0005 cubic meters per US$ of GDP | 0.0006 cubic meters per US$ of GDP | 10 |
| 2000s | 0.0003 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 0.0005 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0002 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0001 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 2 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 67 Denmark 0.0002 cubic meters per US$ of GDP compare
- 68 Croatia 0.0002 cubic meters per US$ of GDP compare
- 69 Guatemala 0.0002 cubic meters per US$ of GDP compare
- 71 Thailand 0.0001 cubic meters per US$ of GDP compare
- 72 Chile 0.0001 cubic meters per US$ of GDP compare
- 73 Benin 0.0001 cubic meters per US$ of GDP compare
More energy & mining data for United Kingdom of Great Britain and Northern Ireland
- Fuel imports 8.2% (2025)
- Ores and metals imports 3.3% (2025)
- Ores and metals exports 5.7% (2025)
- Gas production 299.32 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 4,304 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 299.32 terawatt-hours (2025)
- Gas production per person 4,304 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)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is oil reserves, per unit of gdp in United Kingdom of Great Britain and Northern Ireland?
- Oil reserves, per unit of gdp in United Kingdom of Great Britain and Northern Ireland was 0.0001 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 0.0046 cubic meters per US$ of GDP in 1982.
- What is the lowest oil reserves, per unit of gdp recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 0.0001 cubic meters per US$ of GDP in 2021.
- How does United Kingdom of Great Britain and Northern Ireland rank for oil reserves, per unit of gdp?
- United Kingdom of Great Britain and Northern Ireland ranks 70th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.
Download this data
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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.