(measure: billion barrels; Source: The U.S. Energy Information Administration)
* indicates monthly or quarterly data series
Brazil: Oil reserves, billion barrels
For that indicator, we provide data for Brazil from 1980 to 2020. The average value for Brazil during that period was 7.53 billion barrels with a minimum of 1.22 billion barrels in 1980 and a maximum of 16.18 billion barrels in 2016.
The latest value from 2020 is 13.24 billion barrels. For comparison, the world average in 2020 based on 186
countries is 8.67 billion barrels.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.