• Distribution of global oil reserves by region 2019

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This statistic shows the regional share of global oil reserves at the end of the years 2009 to 2019. In 2019, Africa's share of world oil reserves amounted to around 7.2 percent. The Middle East accounts for almost half of the world's reserves.

Distribution of global oil reserves from 2010 to 2019, by region

	2010	2012	2014	2016	2018	2019
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Release date

June 2020

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Region

Worldwide

Survey time period

2010 to 2019

Supplementary notes

The figures for 2009-2017 were taken from the previous annual reviews.
Editions of the report prior to 2018 named the region as Europe and Eurasia, whereas the 2018 edition of the report listed Europe and CIS separately. The 2018 and 2019 figures for these two regions have therefore have been added together. CIS is an abbreviation for the Commonwealth of Independent States.
Canadian oil sands ‘under active development’ are an official estimate. Venezuelan Orinoco Belt reserves are based on the OPEC Secretariat and government announcements. Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.

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