Estonia vs Italy: Nonrenewable natural capital, oil

Estonia
5.71 billion real chained 2019 US$
in 2020
Italy
6.96 billion real chained 2019 US$
in 2020
Estonia rank
36th
Italy rank
35th

Nonrenewable natural capital, oil over time

  • Estonia
  • Italy
02.0B4.0B6.0B8.0B10.0B199520072020

How they compare

Italy currently reports 6.96 billion real chained 2019 US$ against 5.71 billion real chained 2019 US$ in Estonia, a difference of 1.25 billion real chained 2019 US$.

That makes Italy's figure about 1.2 times Estonia's.

The two have swapped places 3 times across 26 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 36th and Italy ranks 35th of 145 countries.

Across the 4 decades both report, Estonia averaged higher in 3 and Italy in 1.

Head to head by decade

Decade Estonia Italy Difference Ahead
1990s 9.13 billion real chained 2019 US$ 7.94 billion real chained 2019 US$ 1.19 billion real chained 2019 US$ Estonia
2000s 8.20 billion real chained 2019 US$ 5.82 billion real chained 2019 US$ 2.38 billion real chained 2019 US$ Estonia
2010s 6.83 billion real chained 2019 US$ 6.80 billion real chained 2019 US$ 29.87 million real chained 2019 US$ Estonia
2020s 5.71 billion real chained 2019 US$ 6.96 billion real chained 2019 US$ 1.25 billion real chained 2019 US$ Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, oil, Estonia or Italy?
Italy, at 6.96 billion real chained 2019 US$ against 5.71 billion real chained 2019 US$ in Estonia as of 2020.
What is the difference in nonrenewable natural capital, oil between Estonia and Italy?
1.25 billion real chained 2019 US$, with Italy ahead.
How many years of comparable data are there for Estonia and Italy?
26 years are reported by both, from 1995 to 2020.
How do Estonia and Italy rank globally for nonrenewable natural capital, oil?
Estonia ranks 36th and Italy ranks 35th of 145 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Italy: Nonrenewable natural capital, oil. Statizoid, drawing on 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. Retrieved 23 August 2026, from https://reference.statizoid.com/compare/nonrenewable-natural-capital-oil-real-chained-2019-us/estonia/italy/

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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.