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Distribution of global oil reserves in 2017, by country

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Global oil reserves - share of leading countries 2017 This statistic shows the leading countries' share of global oil reserves as of year-end 2017. At that time, the United Arab Emirates' share of global oil reserves amounted to around 5.8 percent. Venezuela and Saudi Arabia own by far the largest single portions of global oil reserves.
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Share of global oil reserves
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Description Source More information
This statistic shows the leading countries' share of global oil reserves as of year-end 2017. At that time, the United Arab Emirates' share of global oil reserves amounted to around 5.8 percent. Venezuela and Saudi Arabia own by far the largest single portions of global oil reserves.
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Release date
June 2018
Region
Worldwide
Survey time period
2017
Supplementary notes
Proven oil reserves are, according to the source, general quantities that could be extracted in future under existing geological, engineering, economic and operating condtions. Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.

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