Australia vs Congo: Nonrenewable natural capital, oil

Australia
57.87 billion real chained 2019 US$
in 2020
Congo
68.27 billion real chained 2019 US$
in 2020
Australia rank
24th
Congo rank
22nd

Nonrenewable natural capital, oil over time

  • Australia
  • Congo
20.0B40.0B60.0B80.0B199520072020

How they compare

Congo currently reports 68.27 billion real chained 2019 US$ against 57.87 billion real chained 2019 US$ in Australia, a difference of 10.40 billion real chained 2019 US$.

That makes Congo's figure about 1.2 times Australia's.

The two have swapped places 5 times across 26 shared years of data; in 1995 it was Australia ahead.

Australia ranks 24th and Congo ranks 22nd of 144 countries.

Across the 4 decades both report, Australia averaged higher in 2 and Congo in 2.

Head to head by decade

Decade Australia Congo Difference Ahead
1990s 45.76 billion real chained 2019 US$ 37.73 billion real chained 2019 US$ 8.02 billion real chained 2019 US$ Australia
2000s 56.33 billion real chained 2019 US$ 42.21 billion real chained 2019 US$ 14.12 billion real chained 2019 US$ Australia
2010s 47.38 billion real chained 2019 US$ 62.42 billion real chained 2019 US$ 15.03 billion real chained 2019 US$ Congo
2020s 57.87 billion real chained 2019 US$ 68.27 billion real chained 2019 US$ 10.40 billion real chained 2019 US$ Congo

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, oil, Australia or Congo?
Congo, at 68.27 billion real chained 2019 US$ against 57.87 billion real chained 2019 US$ in Australia as of 2020.
What is the difference in nonrenewable natural capital, oil between Australia and Congo?
10.40 billion real chained 2019 US$, with Congo ahead.
How many years of comparable data are there for Australia and Congo?
26 years are reported by both, from 1995 to 2020.
How do Australia and Congo rank globally for nonrenewable natural capital, oil?
Australia ranks 24th and Congo ranks 22nd of 144 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Nonrenewable natural capital, oil (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 3,729 data points, 1995–2020
Last refreshed

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.