Which country has the highest oil reserves?

Venezuela has the highest oil reserves at 303.81 billion barrels as of 2021.

Which country has the lowest oil reserves?

Ethiopia has the lowest oil reserves at 428 thousand barrels as of 2021.

The global total for oil reserves is 1.71 trillion barrels as of 2021.

1992

2021

Poland has the 70th highest oil reserves among 99 countries with data in 2021.

How does Poland rank globally for oil reserves?: Poland has the 70th highest oil reserves among 99 countries with data in 2021.
Which country has the highest oil reserves?: Venezuela has the highest oil reserves at 303.81 billion barrels as of 2021.
Which country has the lowest oil reserves?: Ethiopia has the lowest oil reserves at 428 thousand barrels as of 2021.
What is the global total for oil reserves?: The global total for oil reserves is 1.71 trillion barrels as of 2021.

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