List of countries by oil proven reserves
Encyclopedia
This is a list of countries by proven oil reserves. Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.Several Oil Producers which are not considered to be countries (Eg the European Union, and The Arab league) are included in the list because they provide useful reference information and are included in some of the sources. These are not ranked in the charts here,
Country
1  Venezuela (more information
Oil reserves in Venezuela
The proven oil reserves in Venezuela are claimed to be the largest in the world, according to an announcement in early 2011 by President Hugo Chavez and the Venezuelan government. The reported proven reserves reach , surpassing that of the previous long-term world leader, Saudi Arabia...

) (2010)
296,500,000,000
2  Saudi Arabia (more information
Oil reserves in Saudi Arabia
Proven oil reserves in Saudi Arabia are the second largest claimed in the world, estimated to be including 2.5 Gbbl in the Saudi-Kuwaiti neutral zone. These reserves were the largest in the world until Venezuela announced they had increased their proven reserves to 297 Gbbl in January 2011...

) (2011)
264,600,000,000
3  Canada (more information
Oil reserves in Canada
Oil reserves in Canada were estimated at in 2007. This figure includes oil sands reserves which are estimated by government regulators to be economically producible at current prices using current technology. According to this figure, Canada's reserves are third only to Venezuela and Saudi...

) (2008)
175,200,000,000
4  Iran (more information
Oil reserves in Iran
Oil reserves in Iran, according to its government, rank third largest in the world at approximately as of 2007, although it ranks second if Canadian reserves of unconventional oil are excluded. This is roughly 10% of the world's total proven petroleum reserves. Iran is the world's fourth largest...

) (2011)
151,000,000,000
5  Iraq (more information
Oil reserves in Iraq
Oil reserves in Iraq will be the largest in the world according to recent geological surveys and seismic data. The Iraqi government has stated that new exploration showed Iraq has the world’s largest proven oil reserves, with more than 350 billion barrels...

) (2010)
143,500,000,000
6  Kuwait (more information
Oil reserves in Kuwait
Oil reserves in Kuwait make up 8% of the oil reserves in the world. Kuwait is OPEC's third largest oil producer and claims to hold approximately . This includes half of the in the Saudi-Kuwaiti neutral zone which Kuwait shares with Saudi Arabia...

) (2010)
104,000,000,000
7  Brazil 50-123,000,000,000
8  United Arab Emirates (more information
Oil reserves in the United Arab Emirates
Oil reserves in the United Arab Emirates, according to its government, are about , almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi has most of the oil with while Dubai has and Sharjah has . Most of the oil is in the Zakum field which is the third largest in the Middle East...

) (2008)
97,800,000,000
9  Russia (more information
Oil reserves in Russia
There are several different estimates of proven oil reserves in Russia. Most estimates include only Western Siberian reserves, exploited since the 1970s and supplying two-thirds of Russian oil, and not potentially huge reserves elsewhere...

) (2009)
74,200,000,000
10  Libya (more information
Oil reserves in Libya
Oil reserves in Libya are the largest in Africa and the eighth largest in the world with as of 2010. Oil production was as of 2010, giving Libya 77 years of reserves at current production rates if no new reserves were to be found...

) (2010)
47,000,000,000
11  Nigeria (more information
Oil reserves in Nigeria
Although Libya has more reserves, there were of proven oil reserves in Nigeria as of 2007, ranking the country as the largest oil producer in Africa and the 11th largest in the world, averaging in 2006. At current rates this would be 43 years of supply if no new oil was found...

) (2007)
37,500,000,000
12  Kazakhstan (2009) 30,000,000,000
13  Qatar (2009) 25,410,000,000
14  Mainland China 20,350,000,000
15  United States (more information
Oil reserves in the United States
Proven oil reserves in the United States are , excluding the Strategic Petroleum Reserve. The U.S. Department of the Interior estimates the total volume of undiscovered, technically recoverable prospective resources in all areas of the United States, including the Federal Outer Continental Shelf,...

)
19,120,000,000
16  Azerbaijan 14,000,000,000
17  Angola 13,500,000,000
18  Mexico (more information
Oil reserves in Mexico
The Oil and Gas Journal estimated that as of 2007, there were of proven oil reserves in Mexico. Mexico was the sixth-largest oil producer in the world as of 2006, producing of petroleum products, of which was crude oil. Mexican oil production has started to decline rapidly. The U.S...

)
12,420,000,000
19  Algeria 12,200,000,000
20  Sudan 6,800,000,000
21  Norway 6,680,000,000
22  Ecuador 6,542,000,000
23  India 5,800,000,000
24  Oman 5,500,000,000
 European Union 5,453,000,000
25  Ghana 5,000,000,000
26  Vietnam 4,700,000,000
27  Egypt 4,300,000,000
28  Indonesia 4,050,000,000
29  Gabon 3,700,000,000
30  Australia 1,100,000,000
31  United Kingdom 3,000,000,000
32  Yemen 3,000,000,000
33  Malaysia 2,900,000,000
34  Syria 2,500,000,000
35  Argentina 2,386,000,000
36  Colombia 1,900,000,000
37  Republic of the Congo 1,600,000,000
38  Chad 1,500,000,000
39  Brunei 1,100,000,000
40  Equatorial Guinea 1,100,000,000
41  Denmark 1,060,000,000
42  Trinidad and Tobago 728,300,000
43  Kingdom of Romania 600,000,000
44  Turkmenistan 600,000,000
45  Uzbekistan 594,000,000
46  East Timor 553,800,000
47  Peru 470,800,000
48  Bolivia 465,000,000
49  Pakistan 436,200,000
50  Thailand 430,000,000
51  Tunisia 425,000,000
52  Italy 423,700,000
53  Ukraine 395,000,000
54  Germany 276,000,000
55  Turkey 262,200,000
56  Côte d'Ivoire 250,000,000
57  Cameroon 200,000,000
58  Albania 199,100,000
59  Belarus 198,000,000
60  Democratic Republic of the Congo 180,000,000
61  Cuba (more information
Oil reserves in Cuba
A 2004 joint partnership between a Spanish oil company and Cuba's state oil company estimated Cuba's off-shore reserves to be able to ultimately produce between 4.6 and 9.3...

)
178,900,000
62  Papua New Guinea 170,000,000
63  Philippines 168,000,000
64  Chile 150,000,000
65  Spain 150,000,000
66  Bahrain 124,600,000
67  Early Modern France 101,200,000
68  Mauritania 100,000,000
69  Netherlands 100,000,000
70  Morocco 100,000,000
71  Poland 96,380,000
72  Austria 89,000,000
73  Guatemala 83,070,000
74  Suriname 79,600,000
75  Serbia 77,500,000
76  Independent State of Croatia 73,350,000
77  New Zealand 60,000,000
78  Myanmar 50,000,000
79  Japan 44,120,000
80  Kyrgyzstan 40,000,000
81  Georgia (country) 35,000,000
82  Bangladesh 28,000,000
83  Hungary 26,570,000
84  Kingdom of Bulgaria 15,000,000
85  South Africa 15,000,000
86  Czech Republic 15,000,000
87  Lithuania 12,000,000
88  Tajikistan 12,000,000
89  Greece 10,000,000
90  Slovakia 9,000,000
91  Benin 8,000,000
92  Belize 6,700,000
93  Republic of China 2,800,000
94  Israel 1,940,000
95  Barbados 1,790,000
96  Jordan 1,000,000
97  Ethiopia 430,000
-Total1,392,461,050,000
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