Kazakhstan vs Norway: Nonrenewable natural capital, oil

Kazakhstan
375.92 billion real chained 2019 US$
in 2020
Norway
303.03 billion real chained 2019 US$
in 2020
Kazakhstan rank
10th
Norway rank
11th

Nonrenewable natural capital, oil over time

  • Kazakhstan
  • Norway
100.0B200.0B300.0B400.0B500.0B199520072020

How they compare

Kazakhstan currently reports 375.92 billion real chained 2019 US$ against 303.03 billion real chained 2019 US$ in Norway, a difference of 72.89 billion real chained 2019 US$.

That makes Kazakhstan's figure about 1.2 times Norway's.

The two have swapped places 1 time across 26 shared years of data; in 1995 it was Norway ahead.

Kazakhstan ranks 10th and Norway ranks 11th of 145 countries.

Across the 4 decades both report, Kazakhstan averaged higher in 2 and Norway in 2.

Head to head by decade

Decade Kazakhstan Norway Difference Ahead
1990s 67.05 billion real chained 2019 US$ 438.17 billion real chained 2019 US$ 371.13 billion real chained 2019 US$ Norway
2000s 178.18 billion real chained 2019 US$ 361.46 billion real chained 2019 US$ 183.28 billion real chained 2019 US$ Norway
2010s 375.92 billion real chained 2019 US$ 289.39 billion real chained 2019 US$ 86.53 billion real chained 2019 US$ Kazakhstan
2020s 375.92 billion real chained 2019 US$ 303.03 billion real chained 2019 US$ 72.89 billion real chained 2019 US$ Kazakhstan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonrenewable natural capital, oil, Kazakhstan or Norway?
Kazakhstan, at 375.92 billion real chained 2019 US$ against 303.03 billion real chained 2019 US$ in Norway as of 2020.
What is the difference in nonrenewable natural capital, oil between Kazakhstan and Norway?
72.89 billion real chained 2019 US$, with Kazakhstan ahead.
How many years of comparable data are there for Kazakhstan and Norway?
26 years are reported by both, from 1995 to 2020.
How do Kazakhstan and Norway rank globally for nonrenewable natural capital, oil?
Kazakhstan ranks 10th and Norway ranks 11th of 145 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kazakhstan vs Norway: 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 22 August 2026, from https://reference.statizoid.com/compare/nonrenewable-natural-capital-oil-real-chained-2019-us/kazakhstan/norway/

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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.