Proved reserves of crude oil rose 0% to 7.00 bil barrels in Azerbaijan in 2015, according to EIA.
Historically, proved reserves of crude oil in Azerbaijan reached an all time high of 7.00 bil barrels in 2015 and an all time low of 1.18 bil barrels in 1997. When compared to Azerbaijan's main peers, proved reserves of crude oil in Azerbaijan amounted to 7.00 bil barrels, 0.035 bil barrels in Georgia, 158 bil barrels in Iran and 80.0 bil barrels in Russia in 2015.
Azerbaijan has been ranked 19th within the group of 95 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 |
| Armenia | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Azerbaijan | bil barrels | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | ||||||||||||||||
| China | bil barrels | 20.4 | 20.4 | 23.7 | 24.4 | 24.6 | ||||||||||||||||
| Georgia | bil barrels | 0.035 | 0.035 | 0.035 | 0.035 | 0.035 | ||||||||||||||||
| Germany | bil barrels | 0.276 | 0.276 | 0.254 | 0.233 | 0.227 | ||||||||||||||||
| Iran | bil barrels | 137 | 151 | 155 | 157 | 158 | ||||||||||||||||
| Iraq | bil barrels | 115 | 143 | 141 | 140 | 144 | ||||||||||||||||
| Japan | bil barrels | 0.044 | 0.044 | 0.044 | 0.044 | 0.044 | ||||||||||||||||
| Pakistan | bil barrels | 0.313 | 0.281 | 0.248 | 0.342 | 0.371 | ||||||||||||||||
| Russia | bil barrels | 60.0 | 60.0 | 80.0 | 80.0 | 80.0 | ||||||||||||||||
| Turkey | bil barrels | 0.270 | 0.270 | 0.270 | 0.295 | 0.296 | ||||||||||||||||
| Turkmenistan | bil barrels | 0.600 | 0.600 | 0.600 | 0.600 | 0.600 | ||||||||||||||||
| USA | bil barrels | 25.2 | 29.0 | 33.4 | 36.5 | ... | ... |