Venezuela’s Oil Reserves in Global Context
Estimates suggest that Venezuela’s oil reserves could be valued at around $17 trillion based on long-term price assumptions. When viewed in a global context, this figure highlights the scale of the country’s natural resources.
For comparison, this estimated value is roughly equivalent to:
about 56% of U.S. GDP 🇺🇸
around 89% of China’s GDP 🇨🇳
approximately four times Japan’s GDP 🇯🇵
nearly 9.6 times the current market capitalization of Bitcoin
