Ratio of oil reserves to production was greatest in South and Central America, with 151.3 years. This means that at the current level of production, South and Central America's oil reserves will last another roughly 151 years before being depleted. By comparison, Europe's oil reserve to production ratio stood at 10.4 years.
Oil reserves to production ratio worldwide in 2020, by region*
(in years)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BP. (July 8, 2021). Oil reserves to production ratio worldwide in 2020, by region* (in years) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/
BP. "Oil reserves to production ratio worldwide in 2020, by region* (in years)." Chart. July 8, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/
BP. (2021). Oil reserves to production ratio worldwide in 2020, by region* (in years). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/
BP. "Oil Reserves to Production Ratio Worldwide in 2020, by Region* (in Years)." Statista, Statista Inc., 8 Jul 2021, https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/
BP, Oil reserves to production ratio worldwide in 2020, by region* (in years) Statista, https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/ (last visited November 22, 2024)
Oil reserves to production ratio worldwide in 2020, by region* (in years) [Graph], BP, July 8, 2021. [Online]. Available: https://www.statista.com/statistics/682010/reserves-to-production-oil-ratio-worldwide-by-region/