Proved oil reserves share worldwide by country 2019

Published by Statista Research Department, Feb 15, 2024
This statistic shows the distribution of proved oil reserves worldwide at the end of 2019, by country. At the end of 2019 the global proved reserves of oil amounted to some 1,683 billion barrels. At that time, the proved oil reserves of Saudi Arabia accounted for 16 percent of global oil reserves.

Distribution of proved oil reserves worldwide in 2019, by country

CharacteristicShare of reserves
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Showing entries 1 to 6 (6 entries in total)
Statistic: Distribution of proved oil reserves worldwide in 2019, by country

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Release date

October 2020

Region

Worldwide

Survey time period

2019

Supplementary notes

* Saudi Arabia and Kuwait's reserves include the Saudi-Kuwaiti 'neutral zone', which has total proved reserve amounting to five billion barrels of oil. Adapted from Statistics Canada, NRCan - Energy Fact Book 2020-2021, page 49, 2019. This does not constitute an endorsement by Statistics Canada of this product.

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