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  • Proven Oil Reserves by Country


    Some 70% of the world's proven oil reserves is held in OPEC countries, providing its members with a key political tool.

    Proven Oil Reserves is valued through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves showcases the commercially available (and recoverable) oil reserves of a given country based on its recognized reservoirs. For the purposes of the GFP ranking, oil is a highly valued factor when considering a prolonged war and is used in conjunction with oil consumption and oil production.


    The data presented below is through 2017. Presented in 'bbl' (Barrels)


    1
    300,000,000,000  
    Venezuela
    VEN
    2
    269,000,000,000  
    Saudi Arabia
    SAR
    3
    171,000,000,000  
    Canada
    CAN
    4
    157,800,000,000  
    Iran
    IRN
    5
    143,000,000,000  
    Iraq
    IRQ
    6
    104,000,000,000  
    Kuwait
    KUW
    7
    98,000,000,000  
    United Arab Emirates
    UAE
    8
    80,000,000,000  
    Russia
    RUS
    9
    48,360,000,000  
    Libya
    LIB
    10
    37,000,000,000  
    Nigeria
    NIG
    11
    36,520,000,000  
    United States
    USA
    12
    30,000,000,000  
    Kazakhstan
    KAZ
    13
    25,000,000,000  
    Qatar
    QTR
    14
    25,000,000,000  
    China
    CHN
    15
    16,000,000,000  
    Brazil
    BRA
    16
    12,000,000,000  
    Algeria
    ALG
    17
    9,700,000,000  
    Mexico
    MEX
    18
    8,832,000,000  
    Ecuador
    ECU
    19
    8,400,000,000  
    Angola
    ANG
    20
    7,000,000,000  
    Azerbaijan
    AZR
    21
    5,675,000,000  
    India
    IND
    22
    5,300,000,000  
    Oman
    OMA
    23
    5,100,000,000  
    Norway
    NOR
    24
    5,000,000,000  
    Sudan
    SUD
    25
    4,400,000,000  
    Egypt
    EGP
    26
    4,400,000,000  
    Vietnam
    VTN
    27
    3,750,000,000  
    South Sudan
    SSU
    28
    3,693,000,000  
    Indonesia
    INO
    29
    3,600,000,000  
    Malaysia
    MLY
    30
    3,000,000,000  
    Yemen
    YEM
    31
    2,800,000,000  
    United Kingdom
    UKD
    32
    2,500,000,000  
    Syria
    SYR
    33
    2,500,000,000  
    Uganda
    UGA
    34
    2,400,000,000  
    Argentina
    ARG
    35
    2,300,000,000  
    Colombia
    COL
    36
    2,000,000,000  
    Gabon
    GAB
    37
    1,600,000,000  
    Republic of the Congo
    ROC
    38
    1,500,000,000  
    Chad
    CHD
    39
    1,200,000,000  
    Australia
    AUS
    40
    700,000,000  
    Peru
    PER
    41
    660,000,000  
    Ghana
    GHA
    42
    611,000,000  
    Denmark
    DEN
    43
    600,000,000  
    Uzbekistan
    UZB
    44
    600,000,000  
    Turkmenistan
    TKM
    45
    600,000,000  
    Romania
    ROM
    46
    544,500,000  
    Italy
    ITA
    47
    541,600,000  
    Japan
    JPN
    48
    400,000,000  
    Thailand
    THA
    49
    400,000,000  
    Pakistan
    PAK
    50
    400,000,000  
    Tunisia
    TUN
    51
    400,000,000  
    Ukraine
    UKR
    52
    300,000,000  
    Turkey
    TUR
    53
    209,800,000  
    Bolivia
    BOL
    54
    200,000,000  
    Belarus
    BLR
    55
    200,000,000  
    Cameroon
    CAM
    56
    200,000,000  
    Albania
    ALB
    57
    180,000,000  
    Democratic Republic of the Congo
    DRC
    58
    150,000,000  
    Spain
    SPA
    59
    150,000,000  
    Chile
    CHI
    60
    150,000,000  
    Niger
    NGR
    61
    144,700,000  
    Netherlands
    NET
    62
    124,000,000  
    Cuba
    CUB
    63
    100,000,000  
    Philippines
    PHI
    64
    100,000,000  
    Serbia
    SER
    65
    100,000,000  
    Poland
    POL
    66
    100,000,000  
    Bahrain
    BAH
    67
    100,000,000  
    Ivory Coast
    IVC
    68
    100,000,000  
    Germany
    GER
    69
    88,970,000  
    Suriname
    SUR
    70
    84,080,000  
    France
    FRA
    71
    83,070,000  
    Guatemala
    GUA
    72
    71,000,000  
    Croatia
    CRO
    73
    67,200,000  
    New Zealand
    NWZ
    74
    50,000,000  
    Myanmar
    MYA
    75
    47,500,000  
    Austria
    AST
    76
    40,000,000  
    Kyrgyzstan
    KYR
    77
    35,000,000  
    Georgia
    GEO
    78
    28,000,000  
    Bangladesh
    BAN
    79
    27,190,000  
    Hungary
    HUN
    80
    20,000,000  
    Mauritania
    MAU
    81
    15,000,000  
    Bulgaria
    BUL
    82
    15,000,000  
    South Africa
    SAF
    83
    15,000,000  
    Czech Republic
    CZR
    84
    13,950,000  
    Israel
    ISR
    85
    12,000,000  
    Lithuania
    LIT
    86
    12,000,000  
    Tajikistan
    TAJ
    87
    10,060,000  
    Taiwan
    TAI
    88
    10,000,000  
    Greece
    GRE
    89
    9,000,000  
    Slovakia
    SLK
    90
    1,000,000  
    Jordan
    JOR
    91
    680,000  
    Morocco
    MOR
    92
    500,000  
    Mongolia
    MON
    93
    430,000  
    Ethiopia
    ETH
    94
    0  
    Namibia
    NAM
    95
    0  
    Switzerland
    SWI
    96
    0  
    Portugal
    POR
    97
    0  
    Finland
    FIN
    98
    0  
    Armenia
    ARM
    99
    0  
    Mali
    MAL
    100
    0  
    Macedonia
    MAC
    101
    0  
    Central African Republic
    CAR
    102
    0  
    North Korea
    NKO
    103
    0  
    Dominican Republic
    DOM
    104
    0  
    Botswana
    BOT
    105
    0  
    Honduras
    HON
    106
    0  
    South Korea
    SKO
    107
    0  
    El Salvador
    ESL
    108
    0  
    Sierra Leone
    SIE
    109
    0  
    Estonia
    EST
    110
    0  
    Singapore
    SIN
    111
    0  
    Kenya
    KEN
    112
    0  
    Paraguay
    PAR
    113
    0  
    Uruguay
    URU
    114
    0  
    Somalia
    SOM
    115
    0  
    Belgium
    BEL
    116
    0  
    Tanzania
    TAN
    117
    0  
    Nepal
    NEP
    118
    0  
    Lebanon
    LEB
    119
    0  
    Zimbabwe
    ZIM
    120
    0  
    Madagascar
    MAD
    121
    0  
    Cambodia
    CMB
    122
    0  
    Afghanistan
    AFG
    123
    0  
    Panama
    PAN
    124
    0  
    Sri Lanka
    SRL
    125
    0  
    Sweden
    SWE
    126
    0  
    Slovenia
    SLV
    127
    0  
    Nicaragua
    NIC
    128
    0  
    Laos
    LAO
    129
    0  
    Latvia
    LAT
    130
    0  
    Bosnia and Herzegovina
    BOS
    131
    0  
    Zambia
    ZAM
    132
    0  
    Mozambique
    MOZ