Country rankings

Oil Reserves by Country

Venezuela has the highest Oil Reserves in 2025 (303.7B bbl), followed by Saudi Arabia (267.2B bbl) and Iran (208.6B bbl). Chile has the lowest (150M bbl).

Infrastructure & Energy42 countries · 1 metricUpdated Aug 28, 2024Original page
4 sources
Oil ReservesBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →
42 of 235 countries
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Oil Reserves, 2025

Darker means higher. Click a place to highlight it.

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All 42 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
5B bbl
Middle half 1.9B bbl – 33.4B bbl
Average
36.8B bbl
42 countries
Highest
303.7B bbl
Venezuela
Lowest
150M bbl
Chile

Over time · 1980–2025

The top 5 in 2025, against the median.

  • Median of all countries
  • Venezuela
  • Saudi Arabia
  • Iran
  • Iraq
  • United Arab Emirates

Data

Click a column to sort, a row to highlight that place on the charts.

42 countries · # = rank by Oil Reserves
#
1Venezuela303.7B bbl
2Saudi Arabia267.2B bbl
3Iran208.6B bbl
4Iraq140B bbl
5United Arab Emirates120B bbl
6Kuwait101.5B bbl
7Russia80B bbl
8Libya48.4B bbl
9United States41.9B bbl
10Nigeria37B bbl
11China34.5B bbl
12Kazakhstan30B bbl
13Qatar25.2B bbl
14Brazil16.8B bbl
15Algeria12.2B bbl
16Ecuador8.3B bbl
17Azerbaijan7B bbl
18Norway5.9B bbl
19Mexico5.1B bbl
20Canada5.1B bbl
21Sudan5B bbl
22India5B bbl
23Oman4.8B bbl
24Vietnam4.4B bbl
25Egypt3.3B bbl
26Argentina3.1B bbl
27Malaysia2.7B bbl
28Angola2.6B bbl
29Indonesia2.3B bbl
30Colombia2B bbl
31Gabon2B bbl
32Republic of the Congo1.8B bbl
33Australia1.8B bbl
34United Kingdom1.3B bbl
35Equatorial Guinea1.1B bbl
35Brunei1.1B bbl
37Turkmenistan600M bbl
38Uzbekistan594M bbl
39Ukraine395M bbl
40Denmark333M bbl
41Belarus198M bbl
42Chile150M bbl

What correlates with Oil Reserves (2025)?

Pearson r against 1,653 other country metrics sharing at least 26 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Oil Reserves tend to score higher on these (or rank better)

  1. Previous Value (in Local Currency)Minimum Wage by Country
    r = +0.93 · very strong · n = 28
    Plot
  2. Minimum Wage (in Local Currency)Minimum Wage by Country
    r = +0.93 · very strong · n = 28
    Plot
  3. Living Donors per Million PopulationOrgan Donation Rates by Country
    r = +0.71 · very strong · n = 28
    Plot
  4. Unintentional Gun Deaths as % of All DeathsGun Deaths by Country
    r = +0.69 · strong · n = 30
    Plot
  5. Transplants from Living Kidney Donors per MillionOrgan Donation Rates by Country
    r = +0.67 · strong · n = 27
    Plot
  6. Rate of Unintentional Gun Death IHMEGun Deaths by Country
    r = +0.65 · strong · n = 40
    Plot

Opposite directions

Places that have a higher Oil Reserves tend to score lower on these (or rank worse)

  1. Climate Change Performance IndexClimate Change Performance Index by Country
    r = −0.68 · strong · n = 26
    Plot
  2. Natural Environment Score (US News)Most Environmentally Friendly Countries
    r = −0.58 · strong · n = 33
    Plot
  3. Environmental Sustainability ScoreEnergy Trilemma Energy Performance Index
    r = −0.51 · strong · n = 33
    Plot
  4. Natural Environment Rank (US News)Most Environmentally Friendly CountriesA rank: rank 1 is the best
    r = −0.51 · strong · n = 33
    Plot
  5. Land & Resource Sustainability Rank (US News)Most Environmentally Friendly CountriesA rank: rank 1 is the best
    r = −0.49 · moderate · n = 33
    Plot
  6. US News Most ScenicMost Beautiful Countries in the WorldA rank: rank 1 is the best
    r = −0.47 · moderate · n = 31
    Plot

Quick answers

Which country has the highest Oil Reserves?
Venezuela has the highest Oil Reserves in 2025, at 303.7B bbl, followed by Saudi Arabia (267.2B bbl) and Iran (208.6B bbl).
Which country has the lowest Oil Reserves?
Chile has the lowest Oil Reserves in 2025, at 150M bbl.
What is the median Oil Reserves across countries?
The median is 5B bbl across the 42 countries with data in 2025.
Where does this oil reserves by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Data download - Organization of the Petroleum Exporting Countries; Statistical Review of World Energy 2021 - BP; List of countries by proven oil reserves - Wiki; Map: The Countries With the Most Oil Reserves - Visual Capitalist.

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