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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 by Country

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

OVERVIEW



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 2018. Presented in 'bbl' (Barrels)


1
National Flag Graphic
300,900,000,000
Venezuela
VEN
2
National Flag Graphic
266,500,000,000
Saudi Arabia
SAR
3
National Flag Graphic
169,700,000,000
Canada
CAN
4
National Flag Graphic
158,400,000,000
Iran
IRN
5
National Flag Graphic
142,500,000,000
Iraq
IRQ
6
National Flag Graphic
101,500,000,000
Kuwait
KUW
7
National Flag Graphic
97,800,000,000
United Arab Emirates
UAE
8
National Flag Graphic
80,000,000,000
Russia
RUS
9
National Flag Graphic
48,360,000,000
Libya
LBY
10
National Flag Graphic
37,060,000,000
Nigeria
NIG
11
National Flag Graphic
36,520,000,000
United States
USA
12
National Flag Graphic
30,000,000,000
Kazakhstan
KAZ
13
National Flag Graphic
25,620,000,000
China
CHN
14
National Flag Graphic
25,240,000,000
Qatar
QTR
15
National Flag Graphic
13,000,000,000
Brazil
BRA
16
National Flag Graphic
12,200,000,000
Algeria
ALG
17
National Flag Graphic
8,273,000,000
Angola
ANG
18
National Flag Graphic
8,273,000,000
Ecuador
ECU
19
National Flag Graphic
7,640,000,000
Mexico
MEX
20
National Flag Graphic
7,000,000,000
Azerbaijan
AZR
21
National Flag Graphic
6,611,000,000
Norway
NOR
22
National Flag Graphic
5,373,000,000
Oman
OMA
23
National Flag Graphic
5,000,000,000
Sudan
SUD
24
National Flag Graphic
4,621,000,000
India
IND
25
National Flag Graphic
4,400,000,000
Vietnam
VTN
26
National Flag Graphic
4,400,000,000
Egypt
EGP
27
National Flag Graphic
3,750,000,000
South Sudan
SSU
28
National Flag Graphic
3,600,000,000
Malaysia
MLY
29
National Flag Graphic
3,230,000,000
Indonesia
INO
30
National Flag Graphic
3,000,000,000
Yemen
YEM
31
National Flag Graphic
2,564,000,000
United Kingdom
UKD
32
National Flag Graphic
2,500,000,000
Uganda
UGA
33
National Flag Graphic
2,500,000,000
Syria
SYR
34
National Flag Graphic
2,185,000,000
Argentina
ARG
35
National Flag Graphic
2,002,000,000
Colombia
COL
36
National Flag Graphic
2,000,000,000
Gabon
GAB
37
National Flag Graphic
1,821,000,000
Australia
AUS
38
National Flag Graphic
1,600,000,000
Republic of the Congo
ROC
39
National Flag Graphic
1,500,000,000
Chad
CHD
40
National Flag Graphic
660,000,000
Ghana
GHA
41
National Flag Graphic
600,000,000
Romania
ROM
42
National Flag Graphic
600,000,000
Turkmenistan
TKM
43
National Flag Graphic
594,000,000
Uzbekistan
UZB
44
National Flag Graphic
556,700,000
Italy
ITA
45
National Flag Graphic
490,600,000
Denmark
DEN
46
National Flag Graphic
473,000,000
Peru
PER
47
National Flag Graphic
425,000,000
Tunisia
TUN
48
National Flag Graphic
396,400,000
Thailand
THA
49
National Flag Graphic
395,000,000
Ukraine
UKR
50
National Flag Graphic
388,500,000
Turkey
TUR
51
National Flag Graphic
350,600,000
Pakistan
PAK
52
National Flag Graphic
211,500,000
Bolivia
BOL
53
National Flag Graphic
200,000,000
Cameroon
CAM
54
National Flag Graphic
198,000,000
Belarus
BLR
55
National Flag Graphic
180,000,000
Democratic Republic of the Congo
DRC
56
National Flag Graphic
168,300,000
Albania
ALB
57
National Flag Graphic
150,000,000
Niger
NGR
58
National Flag Graphic
150,000,000
Spain
SPA
59
National Flag Graphic
150,000,000
Chile
CHI
60
National Flag Graphic
145,400,000
Germany
GER
61
National Flag Graphic
139,000,000
Myanmar
MYA
62
National Flag Graphic
138,500,000
Philippines
PHI
63
National Flag Graphic
137,800,000
Poland
POL
64
National Flag Graphic
124,600,000
Bahrain
BAH
65
National Flag Graphic
124,000,000
Cuba
CUB
66
National Flag Graphic
113,200,000
Netherlands
NET
67
National Flag Graphic
100,000,000
Ivory Coast
IVC
68
National Flag Graphic
83,980,000
Suriname
SUR
69
National Flag Graphic
83,070,000
Guatemala
GUA
70
National Flag Graphic
77,500,000
Serbia
SER
71
National Flag Graphic
72,350,000
France
FRA
72
National Flag Graphic
71,000,000
Croatia
CRO
73
National Flag Graphic
56,900,000
New Zealand
NWZ
74
National Flag Graphic
44,120,000
Japan
JPN
75
National Flag Graphic
43,000,000
Austria
AST
76
National Flag Graphic
40,000,000
Kyrgyzstan
KYR
77
National Flag Graphic
35,000,000
Georgia
GEO
78
National Flag Graphic
28,000,000
Bangladesh
BAN
79
National Flag Graphic
25,100,000
Hungary
HUN
80
National Flag Graphic
20,000,000
Mauritania
MAU
81
National Flag Graphic
15,000,000
South Africa
SAF
82
National Flag Graphic
15,000,000
Bulgaria
BUL
83
National Flag Graphic
15,000,000
Czech Republic
CZR
84
National Flag Graphic
12,730,000
Israel
ISR
85
National Flag Graphic
12,000,000
Lithuania
LIT
86
National Flag Graphic
12,000,000
Tajikistan
TAJ
87
National Flag Graphic
10,000,000
Greece
GRE
88
National Flag Graphic
9,000,000
Slovakia
SLK
89
National Flag Graphic
2,380,000
Taiwan
TAI
90
National Flag Graphic
1,000,000
Jordan
JOR
91
National Flag Graphic
684,000
Morocco
MOR
92
National Flag Graphic
428,000
Ethiopia
ETH
93
National Flag Graphic
0
Portugal
POR
94
National Flag Graphic
0
Armenia
ARM
95
National Flag Graphic
0
Switzerland
SWI
96
National Flag Graphic
0
Namibia
NAM
97
National Flag Graphic
0
Finland
FIN
98
National Flag Graphic
0
Mongolia
MON
99
National Flag Graphic
0
Tanzania
TAN
100
National Flag Graphic
0
Mali
MAL
101
National Flag Graphic
0
Bhutan
BUT
102
National Flag Graphic
0
Macedonia
MAC
103
National Flag Graphic
0
Central African Republic
CAR
104
National Flag Graphic
0
Botswana
BOT
105
National Flag Graphic
0
El Salvador
ESL
106
National Flag Graphic
0
North Korea
NKO
107
National Flag Graphic
0
Honduras
HON
108
National Flag Graphic
0
Madagascar
MAD
109
National Flag Graphic
0
Somalia
SOM
110
National Flag Graphic
0
South Korea
SKO
111
National Flag Graphic
0
Sierra Leone
SIE
112
National Flag Graphic
0
Dominican Republic
DOM
113
National Flag Graphic
0
Singapore
SIN
114
National Flag Graphic
0
Estonia
EST
115
National Flag Graphic
0
Paraguay
PAR
116
National Flag Graphic
0
Uruguay
URU
117
National Flag Graphic
0
Belgium
BEL
118
National Flag Graphic
0
Sri Lanka
SRL
119
National Flag Graphic
0
Nepal
NEP
120
National Flag Graphic
0
Lebanon
LEB
121
National Flag Graphic
0
Zimbabwe
ZIM
122
National Flag Graphic
0
Laos
LAO
123
National Flag Graphic
0
Panama
PAN
124
National Flag Graphic
0
Mozambique
MOZ
125
National Flag Graphic
0
Kenya
KEN
126
National Flag Graphic
0
Afghanistan
AFG
127
National Flag Graphic
0
Liberia
LIB
128
National Flag Graphic
0
Montenegro
MTN
129
National Flag Graphic
0
Ireland
IRE
130
National Flag Graphic
0
Slovenia
SLV
131
National Flag Graphic
0
Sweden
SWE
132
National Flag Graphic
0
Nicaragua
NIC
133
National Flag Graphic
0
Cambodia
CMB
134
National Flag Graphic
0
Latvia
LAT
135
National Flag Graphic
0
Bosnia and Herzegovina
BOS
136
National Flag Graphic
0
Zambia
ZAM