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Global years of remaining global oil supply by region 2020

Published by Statista Research Department, Jan 31, 2023
Ratio of oil reserves to production was greatest in South and Central America, with 151.3 years. This means that at the current level of production, South and Central America's oil reserves will last another roughly 151 years before being depleted. By comparison, Europe's oil reserve to production ratio stood at 10.4 years.

Oil reserves to production ratio worldwide in 2020, by region* (in years)

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Release date

July 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

* CIS stands for Commonwealth of Independent States.

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