Area land needed to global oil in Micronesia (country)

Micronesia (country): Area land needed to global oil was 1.01 billion in 2023. ▲ Rising

Latest (2023)
1.01 billion
Change on year
up 6.4%
World rank
35th
of 59 countries
All-time high
1.33 billion
in 2017
All-time low
436.42 million
in 1995
Years of data
29
1995–2023

Area land needed to global oil in Micronesia (country), 1995–2023

400.0M600.0M800.0M1.0B1.2B1.4B1995200920231995: 436.4M1996: 454.9M1997: 469.8M1998: 488.3M1999: 606.2M2000: 601.9M2001: 630.6M2002: 648.9M2003: 609.4M2004: 734.3M2005: 791.0M2006: 745.2M2007: 759.9M2008: 874.6M2009: 894.1M2010: 1.0B2011: 964.5M2012: 1.1B2013: 1.1B2014: 1.2B2015: 1.2B2016: 1.2B2017: 1.3B2018: 921.2M2019: 956.3M2020: 964.8M2021: 1.0B2022: 951.0M2023: 1.0B

Source: Our World in Data.

Analysis

Micronesia (country) recorded 1.01 billion for area land needed to global oil in 2023.

That represents a change of up 6.4% on the previous year and down 7.0% over ten years.

Over the whole period, area land needed to global oil in Micronesia (country) peaked at 1.33 billion in 2017 and was at its lowest, 436.42 million, in 1995.

Micronesia (country) ranks 35th of 59 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Area land needed to global oil in Micronesia (country), year by year

Annual values for Area land needed to global oil in Micronesia (country), 1995 to 2023.
Year Value Change
1995 436.42 million —
1996 454.94 million +4.2%
1997 469.78 million +3.3%
1998 488.29 million +3.9%
1999 606.21 million +24.1%
2000 601.88 million -0.7%
2001 630.59 million +4.8%
2002 648.93 million +2.9%
2003 609.43 million -6.1%
2004 734.28 million +20.5%
2005 790.98 million +7.7%
2006 745.22 million -5.8%
2007 759.88 million +2.0%
2008 874.56 million +15.1%
2009 894.11 million +2.2%
2010 1.03 billion +15.4%
2011 964.47 million -6.5%
2012 1.11 billion +14.8%
2013 1.09 billion -1.7%
2014 1.18 billion +8.3%
2015 1.22 billion +4.0%
2016 1.21 billion -0.9%
2017 1.33 billion +9.7%
2018 921.20 million -30.8%
2019 956.30 million +3.8%
2020 964.76 million +0.9%
2021 1.00 billion +4.0%
2022 950.97 million -5.3%
2023 1.01 billion +6.4%

Micronesia (country) compared with similar countries

  • Micronesia (country)'s 1.01 billion is below the median for upper middle income countries, which is 1.08 billion, 94% of the median. (25 countries reporting)
  • Micronesia (country)'s 1.01 billion is below the median for East Asia & Pacific, which is 1.07 billion, 95% of the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 491.13 million 436.42 million 606.21 million 5
2000s 728.99 million 601.88 million 894.11 million 10
2010s 1.10 billion 921.20 million 1.33 billion 10
2020s 982.83 million 950.97 million 1.01 billion 4

Countries ranked near Micronesia (country)

  1. 32 Saint Vincent and the Grenadines 1.09 billion compare
  2. 33 Thailand 1.08 billion compare
  3. 34 Indonesia 1.05 billion compare
  4. 36 India 1.00 billion compare
  5. 37 Nauru 953.30 million compare
  6. 38 Papua New Guinea 926.14 million compare

See the full ranking of 59 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is area land needed to global oil in Micronesia (country)?
Area land needed to global oil in Micronesia (country) was 1.01 billion in 2023, according to Our World in Data.
What is the highest area land needed to global oil recorded in Micronesia (country)?
The highest recorded value was 1.33 billion in 2017.
What is the lowest area land needed to global oil recorded in Micronesia (country)?
The lowest recorded value was 436.42 million in 1995.
How does Micronesia (country) rank for area land needed to global oil?
Micronesia (country) ranks 35th out of 59 countries with data for 2023.
Is area land needed to global oil rising or falling in Micronesia (country)?
Over the last ten years it is down 7.0%. The long-run trend across the full record is rising.
Where does this Micronesia (country) data come from?
The figures come from Our World in Data, published as part of Area land needed to global oil. Statizoid updates them automatically from the source API.

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Area land needed to global oil in Micronesia (country). Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/area-land-needed-to-global-oil/micronesia-fed-sts/

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About this data

Indicator
Area land needed to global oil
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
59 places, 2,960 data points, 1961–2023
Last refreshed