China: Percent of world oil reserves
* indicates monthly or quarterly data series
| China |
Percent of world oil reserves |
|---|---|
| Latest value | 1.53 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1980 - 2021 |
| Average | 2.13 |
| Min - Max | 1.20 - 3.49 |
| Source | The U.S. Energy Information Administration |
The latest value from 2021 is 1.53 percent, a decline from 1.58 percent in 2020. In comparison, the world average is 0.53 percent, based on data from 187 countries. Historically, the average for China from 1980 to 2021 is 2.13 percent. The minimum value, 1.2 percent, was reached in 2008 while the maximum of 3.49 percent was recorded in 1981.
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Definition: The share of world oil reserves is calculated as the proven oil reserves of a country as percent of the total proven oil reserves for the world.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Percent of world population | 18.02 | 2021 | percent |
| Percent of world GDP | 18.53 | 2021 | percent |
| Percent of world exports | 13.20 | 2021 | percent |
| Percent of world imports | 11.83 | 2021 | percent |
| Percent of world FDI | 15.34 | 2021 | percent |
| Percent of world oil reserves | 1.53 | 2021 | percent |