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Crude Oil Reserves (As % of Worldwide Reserves) rose 52.6% to 0.110% in Australia in 2017

Crude Oil Reserves (As % of Worldwide Reserves) (%), 2017
Oil & Gas | Australia | December 25, 2018
$2.99
Excel Sheet

Crude oil reserves as a share of worldwide reserves rose 52.6% to 0.110% in Australia in 2017, according to EIA.

Historically, crude oil reserves as a share of worldwide reserves in Australia reached an all time high of 0.363% in 1981 and an all time low of 0.072% in 2015. When compared to Australia's main peers, crude oil reserves as a share of worldwide reserves in Indonesia amounted to 0.196%, 0.218% in Malaysia, 0.003% in New Zealand and 0.010% in Papua New Guinea in 2017.

Australia has been ranked 35th within the group of 96 countries we follow in terms of crude oil reserves as a share of worldwide reserves, 2 places below the position seen 10 years ago.

Crude Oil Reserves (As % of Worldwide Reserves) Unit 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 0.225% 0.093% 0.087% 0.087% 0.072%
Cambodia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Indonesia % 0.270% 0.254% 0.244% 0.226% 0.223%
Malaysia % 0.271% 0.262% 0.243% 0.242% 0.241%
New Zealand % 0.008% 0.006% 0.005% 0.005% 0.004%
Papua New Guinea % 0.006% 0.012% 0.009% 0.011% 0.011%
Philippines % 0.009% 0.009% 0.008% 0.008% 0.008%
Singapore % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand % 0.029% 0.029% 0.027% 0.027% 0.028%
Vietnam % 0.041% 0.288% 0.267% 0.266% 0.265%