Crude oil reserves as a share of worldwide reserves rose 0.308% to 18.2% in Venezuela in 2017, according to EIA.
Historically, crude oil reserves as a share of worldwide reserves in Venezuela reached an all time high of 18.2% in 2017 and an all time low of 2.76% in 1981.
Venezuela has been ranked 1st within the group of 96 countries we follow in terms of crude oil reserves as a share of worldwide reserves, 6 places above 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 |
| Bolivia | % | 0.032% | 0.014% | 0.013% | 0.013% | 0.013% | ||||||||||||||||
| Brazil | % | 0.871% | 0.915% | 0.798% | 0.909% | 0.924% | ||||||||||||||||
| Colombia | % | 0.129% | 0.130% | 0.133% | 0.144% | 0.147% | ||||||||||||||||
| Guyana | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Peru | % | 0.036% | 0.038% | 0.035% | 0.038% | 0.045% | ||||||||||||||||
| Puerto Rico | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Suriname | % | 0.005% | 0.005% | 0.005% | 0.006% | 0.005% | ||||||||||||||||
| Trinidad and Tobago | % | 0.049% | 0.048% | 0.044% | 0.044% | 0.044% | ||||||||||||||||
| Venezuela | % | 14.3% | 13.8% | 18.0% | 18.0% | 18.0% |
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