Oil Reserves

Global Ranking

billion barrelsSource: IEA

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Venezuela	303.81	2021	1	302.81
2	Saudi Arabia	258.6	2021	2	267.03
3 ↑	Iran	208.6	2021	4	155.6
4 ↓	Canada	170.3	2021	3	169.86
5	Iraq	145.02	2021	5	145.02
6	Kuwait	101.5	2021	6	101.5
7	United Arab Emirates	97.8	2021	7	97.8
8	Russia	80	2021	8	80
9	Libya	48.36	2021	9	48.36
10	United States	47.11	2020	10	47.05
11	Nigeria	36.89	2021	11	36.97
12	Kazakhstan	30	2021	12	30
13	China	26.02	2021	13	26.15
14	Qatar	25.24	2021	14	25.24
15	Brazil	12.71	2021	15	13.44
16	Algeria	12.2	2021	16	12.2
17	Ecuador	8.27	2021	17	8.27
18	Norway	8.12	2021	18	8.22
19	Angola	7.78	2021	19	8.16
20	Azerbaijan	7	2021	20	7
21	Mexico	5.79	2021	21	5.79
22	Oman	5.37	2021	22	5.37
23	Sudan	5	2021	23	5
24	India	4.6	2021	24	4.42
25	Vietnam	4.4	2021	25	4.4
26	Malaysia	3.6	2021	26	3.6
27	Egypt	3.3	2021	27	3.3
28 ↑	Yemen	3	2021	29	3
29 ↑	Republic of the Congo	2.88	2021	30	2.98
30 ↑	United Kingdom	2.5	2021	31	2.7
30 ↑	Syria	2.5	2021	32	2.5
30 ↑	Uganda	2.5	2021	32	2.5
33 ↓	Indonesia	2.48	2021	28	3.15
33 ↑	Argentina	2.48	2021	35	2.39
35 ↓	Australia	2.45	2021	34	2.45
36 ↑	Colombia	2.04	2021	37	1.96
37 ↓	Gabon	2	2021	36	2
38	Chad	1.5	2021	38	1.5
39	Brunei	1.1	2021	39	1.1
39	Equatorial Guinea	1.1	2021	39	1.1
41	Peru	0.86	2021	41	0.99
42	Ghana	0.66	2021	42	0.66
43	Romania	0.6	2021	43	0.6
43	Turkmenistan	0.6	2021	43	0.6
45	Uzbekistan	0.59	2021	45	0.59
46	Pakistan	0.54	2021	46	0.57
47	Italy	0.5	2021	47	0.52
48	Denmark	0.44	2021	48	0.44
49	Tunisia	0.43	2021	49	0.43
50	Ukraine	0.4	2021	50	0.4
51	Turkey	0.37	2021	51	0.37
52	Thailand	0.25	2021	52	0.29
53	Bolivia	0.24	2021	53	0.24
53	Trinidad and Tobago	0.24	2021	53	0.24
55	Belarus	0.2	2021	55	0.2
55	Cameroon	0.2	2021	55	0.2
57 ↑	Bahrain	0.19	2021	70	0.09
58 ↓	Democratic Republic of the Congo	0.18	2021	57	0.18
59 ↓	Papua New Guinea	0.16	2021	58	0.16
60 ↓	Chile	0.15	2021	59	0.15
60 ↓	Niger	0.15	2021	59	0.15
60 ↓	Spain	0.15	2021	59	0.15
60 ↓	Albania	0.15	2021	59	0.15
64 ↓	Burma (Myanmar)	0.14	2021	63	0.14
64 ↑	Netherlands	0.14	2021	67	0.11
64 ↓	Philippines	0.14	2021	63	0.14
67 ↑	Germany	0.12	2021	68	0.1
67 ↓	Cuba	0.12	2021	65	0.12
69 ↓	Poland	0.11	2021	65	0.12
70 ↓	Ivory Coast	0.1	2021	68	0.1
71 ↑	Suriname	0.09	2021	73	0.07
71 ↓	Guatemala	0.09	2021	70	0.09
73 ↓	Serbia	0.08	2021	72	0.08
74 ↓	Croatia	0.07	2021	73	0.07
75	France	0.06	2021	75	0.06
76	Austria	0.04	2021	76	0.04
76	New Zealand	0.04	2021	76	0.04
76	Georgia	0.04	2021	76	0.04
76	Kyrgyzstan	0.04	2006	76	0.04
76	Japan	0.04	2021	76	0.04
81	Bangladesh	0.03	2021	81	0.03
82	Bulgaria	0.02	2021	82	0.02
82	South Africa	0.02	2021	82	0.02
82	Mauritania	0.02	2021	82	0.02
82	Czech Republic	0.02	2021	82	0.02
86 ↑	Benin	0.01	2021	87	0.01
86 ↑	Slovakia	0.01	2021	87	0.01
86 ↑	Tajikistan	0.01	2021	87	0.01
86 ↓	Hungary	0.01	2021	82	0.02
86 ↑	Israel	0.01	2021	87	0.01
86 ↑	Belize	0.01	2021	87	0.01
86 ↑	Lithuania	0.01	2021	87	0.01
86 ↑	Greece	0.01	2021	87	0.01
94	Tonga	0	2021	94	0
94	Taiwan	0	2021	94	0
94	Tanzania	0	2021	94	0
94	Uruguay	0	2021	94	0
94	Saint Vincent and the Grenadines	0	2021	94	0
94	Vanuatu	0	2021	94	0
94	Samoa	0	2021	94	0
94	Zambia	0	2021	94	0
94	Aruba	0	2021	94	0
94	Zimbabwe	0	2021	94	0
94	Afghanistan	0	2021	94	0
94	Armenia	0	2021	94	0
94	Antigua and Barbuda	0	2021	94	0
94	Burundi	0	2021	94	0
94	Belgium	0	2021	94	0
94	Burkina Faso	0	2021	94	0
94	Bahamas	0	2021	94	0
94	Bosnia and Herzegovina	0	2021	94	0
94	Bermuda	0	2021	94	0
94	Barbados	0	2021	94	0
94	Bhutan	0	2021	94	0
94	Botswana	0	2021	94	0
94	Central African Republic	0	2021	94	0
94	Switzerland	0	2021	94	0
94	Comoros	0	2021	94	0
94	Cape Verde	0	2021	94	0
94	Cyprus	0	2021	94	0
94	Djibouti	0	2021	94	0
94	Dominica	0	2021	94	0
94	Dominican Republic	0	2021	94	0
94	Eritrea	0	2021	94	0
94	Estonia	0	2021	94	0
94	Ethiopia	0	2021	94	0
94	Finland	0	2021	94	0
94	Fiji	0	2021	94	0
94	Faroe Islands	0	2021	94	0
94	Gibraltar	0	2021	94	0
94	Guinea	0	2021	94	0
94	Gambia	0	2021	94	0
94	Guinea-Bissau	0	2021	94	0
94	Grenada	0	2021	94	0
94	Guyana	0	2021	94	0
94	Hong Kong	0	2021	94	0
94	Honduras	0	2021	94	0
94	Haiti	0	2021	94	0
94	Ireland	0	2021	94	0
94	Iceland	0	2021	94	0
94	Jamaica	0	2021	94	0
94	Jordan	0	2021	94	0
94	Kenya	0	2021	94	0
94	Cambodia	0	2021	94	0
94	Kiribati	0	2021	94	0
94	South Korea	0	2003	94	0
94	Laos	0	2021	94	0
94	Lebanon	0	2021	94	0
94	Liberia	0	2021	94	0
94	Saint Lucia	0	2021	94	0
94	Sri Lanka	0	2021	94	0
94	Lesotho	0	2021	94	0
94	Luxembourg	0	2021	94	0
94	Latvia	0	2021	94	0
94	Macao	0	2021	94	0
94	Morocco	0	2021	94	0
94	Moldova	0	2021	94	0
94	Madagascar	0	2021	94	0
94	Maldives	0	2021	94	0
94	Macedonia	0	2021	94	0
94	Mali	0	2021	94	0
94	Malta	0	2021	94	0
94	Montenegro	0	2021	94	0
94	Mongolia	0	1997	94	0
94	Mozambique	0	2021	94	0
94	Montserrat	0	2021	94	0
94	Mauritius	0	2021	94	0
94	Malawi	0	2021	94	0
94	Namibia	0	2021	94	0
94	New Caledonia	0	2021	94	0
94	Nicaragua	0	2021	94	0
94	Nepal	0	2021	94	0
94	Panama	0	2021	94	0
94	Puerto Rico	0	2021	94	0
94	North Korea	0	2021	94	0
94	Portugal	0	2021	94	0
94	Paraguay	0	2021	94	0
94	Rwanda	0	2021	94	0
94	Senegal	0	2021	94	0
94	Singapore	0	2021	94	0
94	Solomon Islands	0	2021	94	0
94	Sierra Leone	0	2021	94	0
94	El Salvador	0	2021	94	0
94	Somalia	0	2021	94	0
94	Sao Tome and Principe	0	2021	94	0
94	Slovenia	0	2021	94	0
94	Sweden	0	2021	94	0
94	Swaziland	0	2021	94	0
94	Seychelles	0	2021	94	0
94	Togo	0	2021	94	0

Definition of Oil Reserves

Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.