Greatest Oil Reserves by Country, 2007

Updated February 12, 2020 | Infoplease Staff

The table below lists the countries with the largest oil reserves in the world, as of 2007. The information was compiled by the US Energy Information Administration.

Rank Country Proved reserves
(billion barrels)
1. Saudi Arabia 262.3
2. Canada 179.21
3. Iran 136.27
4. Iraq 115
5. Kuwait 101.5
6. United Arab Emirates 97.8
7. Venezuela 80.012
8. Russia 60
9. Libya 41.464
10. Nigeria 36.22
11. Kazakhstan 30
12. United States 21.757
13. China 16
14. Qatar 15.207
15. Mexico 12.352
16. Algeria 12.27
17. Brazil 11.773
18. Angola 8
19. Norway 7.849
20. Azerbaijan 7
Top 20 countries 1252.04 (95%)
Rest of world 65.4 (5%)
World total 1,317.447
NOTES: Proved reserves are estimated with reasonable certainty to be recoverable with present technology and prices.
Source: U.S. Energy Information Administration. http://tonto.eia.doe.gov/ .

Information Please® Database, © 2009 Pearson Education, Inc. All rights reserved.

Greatest Oil Reserves by Country, 2006 Energy Top World Oil Producers, Exporters, Consumers, and Importers, 2004
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