New Zealand vs Philippines: Nonrenewable natural capital, oil
Nonrenewable natural capital, oil over time
- New Zealand
- Philippines
How they compare
Philippines currently reports 279.60 million real chained 2019 US$ against 202.63 million real chained 2019 US$ in New Zealand, a difference of 76.96 million real chained 2019 US$.
That makes Philippines's figure about 1.4 times New Zealand's.
The two have swapped places 3 times across 26 shared years of data; in 1995 it was New Zealand ahead.
New Zealand ranks 67th and Philippines ranks 65th of 145 countries.
Across the 4 decades both report, New Zealand averaged higher in 3 and Philippines in 1.
Head to head by decade
| Decade | New Zealand | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 606.50 million real chained 2019 US$ | 447.68 million real chained 2019 US$ | 158.83 million real chained 2019 US$ | New Zealand |
| 2000s | 402.60 million real chained 2019 US$ | 356.52 million real chained 2019 US$ | 46.08 million real chained 2019 US$ | New Zealand |
| 2010s | 338.78 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 59.18 million real chained 2019 US$ | New Zealand |
| 2020s | 202.63 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 76.96 million real chained 2019 US$ | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, oil, New Zealand or Philippines?
- Philippines, at 279.60 million real chained 2019 US$ against 202.63 million real chained 2019 US$ in New Zealand as of 2020.
- What is the difference in nonrenewable natural capital, oil between New Zealand and Philippines?
- 76.96 million real chained 2019 US$, with Philippines ahead.
- How many years of comparable data are there for New Zealand and Philippines?
- 26 years are reported by both, from 1995 to 2020.
- How do New Zealand and Philippines rank globally for nonrenewable natural capital, oil?
- New Zealand ranks 67th and Philippines ranks 65th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). 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.