Australia vs Colombia: Nonrenewable natural capital, oil
Nonrenewable natural capital, oil over time
- Australia
- Colombia
How they compare
Australia currently reports 57.87 billion real chained 2019 US$ against 48.55 billion real chained 2019 US$ in Colombia, a difference of 9.32 billion real chained 2019 US$.
That makes Australia's figure about 1.2 times Colombia's.
The two have swapped places 5 times across 26 shared years of data; in 1995 it was Colombia ahead.
Australia ranks 24th and Colombia ranks 25th of 145 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Colombia in 2.
Head to head by decade
| Decade | Australia | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 45.76 billion real chained 2019 US$ | 62.45 billion real chained 2019 US$ | 16.69 billion real chained 2019 US$ | Colombia |
| 2000s | 56.33 billion real chained 2019 US$ | 37.35 billion real chained 2019 US$ | 18.99 billion real chained 2019 US$ | Australia |
| 2010s | 47.38 billion real chained 2019 US$ | 49.19 billion real chained 2019 US$ | 1.81 billion real chained 2019 US$ | Colombia |
| 2020s | 57.87 billion real chained 2019 US$ | 48.55 billion real chained 2019 US$ | 9.32 billion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, oil, Australia or Colombia?
- Australia, at 57.87 billion real chained 2019 US$ against 48.55 billion real chained 2019 US$ in Colombia as of 2020.
- What is the difference in nonrenewable natural capital, oil between Australia and Colombia?
- 9.32 billion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Colombia?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Colombia rank globally for nonrenewable natural capital, oil?
- Australia ranks 24th and Colombia ranks 25th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.