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Proven Oil Reserves by Country (2024)



ECONOMY | NATURAL RESOURCES

Ranking the total natural gas reserves by country, from highest to lowest.



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

Data presented on this list is through 2024. Values are presented in bbl/day (Barrels Per Day).
Space photograph of the planet earth.
Proven Oil Reserves (TOP 5)
1
Venezuela
VEN
303,806,000,000 bbl
2
Saudi Arabia
SAR
260,000,000,000 bbl
3
Iran
IRN
210,000,000,000 bbl
4
Canada
CAN
170,500,000,000 bbl
5
Iraq
IRQ
145,020,000,000 bbl
6
Kuwait
KUW
101,500,000,000 bbl
7
United Arab Emirates
UAE
100,000,000,000 bbl
8
Russia
RUS
80,000,000,000 bbl
9
Libya
LBY
50,000,000,000 bbl
10
United States
USA
50,000,000,000 bbl
11
Nigeria
NGA
37,000,000,000 bbl
12
Kazakhstan
KAZ
30,000,000,000 bbl
13
China
CHN
26,022,600,000 bbl
14
Qatar
QTR
25,245,000,000 bbl
15
Brazil
BRA
12,715,000,000 bbl
16
Algeria
ALG
12,200,000,000 bbl
17
Ecuador
ECU
8,275,000,000 bbl
18
Norway
NOR
8,122,200,000 bbl
19
Angola
ANG
7,785,000,000 bbl
20
Azerbaijan
AZR
7,000,000,000 bbl
21
Mexico
MEX
5,800,000,000 bbl
22
Oman
OMA
5,375,000,000 bbl
23
Sudan
SDN
5,000,000,000 bbl
24
India
IND
4,605,000,000 bbl
25
Vietnam
VET
4,400,000,000 bbl
26
South Sudan
SSD
3,750,000,000 bbl
27
Malaysia
MLY
3,600,000,000 bbl
28
Egypt
EGY
3,300,000,000 bbl
29
Yemen
YEM
3,000,000,000 bbl
30
Republic of the Congo
ROC
2,882,000,000 bbl
31
Indonesia
INO
2,500,000,000 bbl
32
Syria
SYR
2,500,000,000 bbl
33
Uganda
UGA
2,500,000,000 bbl
34
United Kingdom
UKD
2,500,000,000 bbl
35
Argentina
ARG
2,483,000,000 bbl
36
Australia
AUS
2,446,000,000 bbl
37
Colombia
COL
2,036,000,000 bbl
38
Gabon
GAB
2,000,000,000 bbl
39
Chad
CHD
1,500,000,000 bbl
40
Peru
PER
860,000,000 bbl
41
Ghana
GHA
660,000,000 bbl
42
Romania
ROM
600,000,000 bbl
43
Turkmenistan
TKM
600,000,000 bbl
44
Uzbekistan
UZB
600,000,000 bbl
45
Pakistan
PAK
540,000,000 bbl
46
Italy
ITA
500,000,000 bbl
47
Denmark
DEN
440,000,000 bbl
48
Tunisia
TUN
425,000,000 bbl
49
Ukraine
UKR
395,000,000 bbl
50
Turkiye
TKY
366,000,000 bbl
51
Thailand
THL
252,800,000 bbl
52
Bolivia
BOL
241,000,000 bbl
53
Belarus
BLR
200,000,000 bbl
54
Cameroon
CAM
200,000,000 bbl
55
Bahrain
BAH
186,500,000 bbl
56
Democratic Republic of the Congo
DRC
180,000,000 bbl
57
Albania
ALB
150,000,000 bbl
58
Chile
CHI
150,000,000 bbl
59
Niger
NGR
150,000,000 bbl
60
Spain
SPN
150,000,000 bbl
61
Myanmar
MYA
140,000,000 bbl
62
Netherlands
NTH
140,000,000 bbl
63
Philippines
PHL
140,000,000 bbl
64
Cuba
CUB
125,000,000 bbl
65
Germany
GER
115,200,000 bbl
66
Poland
POL
115,000,000 bbl
67
Ivory Coast
IVC
100,000,000 bbl
68
Suriname
SRN
90,000,000 bbl
69
Guatemala
GUA
86,100,000 bbl
70
Serbia
SRB
77,500,000 bbl
71
Croatia
CRO
72,000,000 bbl
72
France
FRA
62,000,000 bbl
73
Japan
JPN
44,100,000 bbl
74
New Zealand
NWZ
41,000,000 bbl
75
Kyrgyzstan
KYR
40,000,000 bbl
76
Austria
AST
35,200,000 bbl
77
Georgia
GEO
35,000,000 bbl
78
Bangladesh
BNG
30,000,000 bbl
79
Portugal
POR
22,440,000 bbl
80
Mauritania
MAU
20,000,000 bbl
81
Bulgaria
BUL
15,000,000 bbl
82
Czechia
CZC
15,000,000 bbl
83
South Africa
SAF
15,000,000 bbl
84
Israel
ISR
12,700,000 bbl
85
Hungary
HUN
12,100,000 bbl
86
Lithuania
LIT
12,000,000 bbl
87
Tajikistan
TJK
12,000,000 bbl
88
Greece
GRE
10,000,000 bbl
89
Slovakia
SLK
9,000,000 bbl
90
Benin
BEN
8,000,000 bbl
91
Beliz
BLZ
6,700,000 bbl
92
Taiwan
TWN
2,400,000 bbl
93
Jordan
JOR
1,000,000 bbl
94
Morocco
MOR
700,000 bbl
95
Ethiopia
ETH
400,000 bbl
96
Afghanistan
AFG
0 bbl
97
Armenia
ARM
0 bbl
98
Belgium
BEL
0 bbl
99
Bhutan
BUT
0 bbl
100
Bosnia and Herzegovina
BOS
0 bbl
101
Botswana
BOT
0 bbl
102
Burkina Faso
BKF
0 bbl
103
Cambodia
CMB
0 bbl
104
Central African Republic
CAR
0 bbl
105
Dominican Republic
DOM
0 bbl
106
El Salvador
ESL
0 bbl
107
Eritrea
ERI
0 bbl
108
Estonia
EST
0 bbl
109
Finland
FIN
0 bbl
110
Honduras
HON
0 bbl
111
Iceland
ICE
0 bbl
112
Ireland
IRE
0 bbl
113
Kenya
KEN
0 bbl
114
Kosovo
KOS
0 bbl
115
Laos
LAO
0 bbl
116
Latvia
LAT
0 bbl
117
Lebanon
LEB
0 bbl
118
Liberia
LIB
0 bbl
119
Luxembourg
LUX
0 bbl
120
Madagascar
MAD
0 bbl
121
Mali
MAL
0 bbl
122
Moldova
MOL
0 bbl
123
Mongolia
MGL
0 bbl
124
Montenegro
MTN
0 bbl
125
Mozambique
MOZ
0 bbl
126
Namibia
NAM
0 bbl
127
Nepal
NEP
0 bbl
128
Nicaragua
NIC
0 bbl
129
North Korea
NKO
0 bbl
130
North Macedonia
MAC
0 bbl
131
Panama
PAN
0 bbl
132
Paraguay
PAR
0 bbl
133
Senegal
SEN
0 bbl
134
Sierra Leone
SLE
0 bbl
135
Singapore
SNG
0 bbl
136
Slovenia
SLV
0 bbl
137
Somalia
SOM
0 bbl
138
South Korea
SKO
0 bbl
139
Sri Lanka
SRL
0 bbl
140
Sweden
SWE
0 bbl
141
Switzerland
SWZ
0 bbl
142
Tanzania
TNZ
0 bbl
143
Uruguay
URU
0 bbl
144
Zambia
ZAM
0 bbl
145
Zimbabwe
ZIM
0 bbl

Top Visiting Countries (February, 2024)

Flag of United States
68.3%
Flag of United Kingdom
11.1%
Flag of Canada
6.9%
Flag of Australia
4.4%
Flag of India
4.0%
Flag of Germany
2.8%
Flag of Italy
2.4%
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