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Belize Resource Reserves (2026)

2007

2021

Source: U.S. Energy Information Administration · Updated June 2026

2007

2021

What to know

As of 2021, Belize's reserves were dominated by crude oil: 0.007 billion barrels of proved reserves. Over the last decade, oil reserves held roughly steady.

Key reserves

Oil reserves (2021)

0.01 B bbl

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Belize had 0.007 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

The bottom line

Belize's reserve base was led by crude oil, though its proved holdings were modest.

Source: U.S. Energy Information Administration · Updated June 2026

What to know

As of 2021, Belize's reserves were dominated by crude oil: 0.007 billion barrels of proved reserves. Over the last decade, oil reserves held roughly steady.

Key reserves

Oil reserves (2021)

0.01 B bbl

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Belize had 0.007 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

The bottom line

Belize's reserve base was led by crude oil, though its proved holdings were modest.

Belize Resource Reserves (2026)

Belize Resource Reserves (2026)

Mexico

Guatemala

Montenegro

Western Sahara

Malta

Maldives

Cabo Verde

Brunei Darussalam

Bahamas

Iceland

Guadeloupe

Mayotte

Vanuatu

Martinique

What to know

Key reserves

Crude oil proved reserves

The bottom line

Mexico

Guatemala

Montenegro

Western Sahara

Malta

Maldives

Cabo Verde

Brunei Darussalam

Bahamas

Iceland

Guadeloupe

Mayotte

Vanuatu

Martinique

What to know

Key reserves

Crude oil proved reserves

The bottom line