Proved reserves of crude oil fell 0.022% to 37.1 bil barrels in Nigeria in 2017, according to EIA.
Historically, proved reserves of crude oil in Nigeria reached an all time high of 37.2 bil barrels in 2013 and an all time low of 15.5 bil barrels in 1997. When compared to Nigeria's main peers, proved reserves of crude oil in Benin amounted to 0.008 bil barrels, 0.200 bil barrels in Cameroon, 1.50 bil barrels in Chad and 0.150 bil barrels in Niger in 2017.
Nigeria has been ranked 10th within the group of 96 countries we follow in terms of proved reserves of crude oil.
| Proved Reserves of Crude Oil | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| Algeria | bil barrels | 12.2 | 12.2 | 12.2 | 12.2 | 12.2 | ||||||||||||||||
| Benin | bil barrels | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | ||||||||||||||||
| Burkina Faso | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Cameroon | bil barrels | 0.200 | 0.200 | 0.200 | 0.200 | 0.200 | ||||||||||||||||
| Central African Republic | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Chad | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | |||||||
| Gabon | bil barrels | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||||||||||||
| Libya | bil barrels | 46.4 | 47.1 | 48.0 | 48.5 | 48.4 | ||||||||||||||||
| Mali | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Niger | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.150 | 0.150 | 0.150 | ||
| Nigeria | bil barrels | 37.2 | 37.2 | 37.2 | 37.1 | 37.1 | ||||||||||||||||
| Sudan | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Togo | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Helgi Library 
