Nonrenewable natural capital, natural gas in Norway

Norway: Nonrenewable natural capital, natural gas was 38.21 billion current US$ in 2020. ◆ Volatile

Latest (2020)
38.21 billion current US$
Change on year
down 70.3%
World rank
12th
of 83 countries
All-time high
469.46 billion current US$
in 2012
All-time low
0 current US$
in 1995
Years of data
26
1995–2020

Nonrenewable natural capital, natural gas in Norway, 1995–2020

0100.0B200.0B300.0B400.0B500.0B1995200720201995: 0 current US$1996: 9.4B current US$1997: 17.1B current US$1998: 0 current US$1999: 2.2B current US$2000: 29.4B current US$2001: 71.8B current US$2002: 69.3B current US$2003: 104.2B current US$2004: 101.6B current US$2005: 73.2B current US$2006: 289.7B current US$2007: 223.1B current US$2008: 446.1B current US$2009: 330.0B current US$2010: 331.9B current US$2011: 345.7B current US$2012: 469.5B current US$2013: 443.9B current US$2014: 333.8B current US$2015: 253.7B current US$2016: 146.7B current US$2017: 201.0B current US$2018: 261.4B current US$2019: 128.4B current US$2020: 38.2B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, natural gas in Norway stood at 38.21 billion current US$.

Compared with earlier readings it is down 70.3% on the previous year and down 88.5% over ten years.

Over the whole period, nonrenewable natural capital, natural gas in Norway peaked at 469.46 billion current US$ in 2012 and was at its lowest, 0 current US$, in 1995.

That places Norway 12th out of 83 countries with data for 2020, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital, natural gas in Norway, year by year

Annual values for Nonrenewable natural capital, natural gas (current US$) in Norway, 1995 to 2020.
Year current US$ Change
1995 0 current US$ —
1996 9.40 billion current US$ —
1997 17.14 billion current US$ +82.4%
1998 0 current US$ -100.0%
1999 2.16 billion current US$ —
2000 29.37 billion current US$ +1258.4%
2001 71.76 billion current US$ +144.3%
2002 69.32 billion current US$ -3.4%
2003 104.25 billion current US$ +50.4%
2004 101.58 billion current US$ -2.6%
2005 73.19 billion current US$ -28.0%
2006 289.75 billion current US$ +295.9%
2007 223.10 billion current US$ -23.0%
2008 446.07 billion current US$ +99.9%
2009 330.01 billion current US$ -26.0%
2010 331.91 billion current US$ +0.6%
2011 345.71 billion current US$ +4.2%
2012 469.46 billion current US$ +35.8%
2013 443.93 billion current US$ -5.4%
2014 333.80 billion current US$ -24.8%
2015 253.74 billion current US$ -24.0%
2016 146.75 billion current US$ -42.2%
2017 200.97 billion current US$ +36.9%
2018 261.38 billion current US$ +30.1%
2019 128.44 billion current US$ -50.9%
2020 38.21 billion current US$ -70.3%

Norway compared with similar countries

  • Norway's 38.21 billion current US$ is above the median for high income countries, which is 29.04 million current US$, 1315.5× the median. (36 countries reporting)
  • Norway's 38.21 billion current US$ is above the median for Europe & Central Asia, which is 915,655 current US$, 41724.3× the median. (32 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, natural gas in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 +1258.4% 2.16 billion current US$ 29.37 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.74 billion current US$ 0 current US$ 17.14 billion current US$ 5
2000s 173.84 billion current US$ 29.37 billion current US$ 446.07 billion current US$ 10
2010s 291.61 billion current US$ 128.44 billion current US$ 469.46 billion current US$ 10
2020s 38.21 billion current US$ 38.21 billion current US$ 38.21 billion current US$ 1

Countries ranked near Norway

  1. 9 Indonesia 76.79 billion current US$ compare
  2. 10 Oman 66.40 billion current US$ compare
  3. 11 Nigeria 57.69 billion current US$ compare
  4. 13 Ukraine 34.72 billion current US$ compare
  5. 14 Pakistan 22.68 billion current US$ compare
  6. 15 Vietnam 18.61 billion current US$ compare

See the full ranking of 83 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is nonrenewable natural capital, natural gas in Norway?
Nonrenewable natural capital, natural gas in Norway was 38.21 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, natural gas recorded in Norway?
The highest recorded value was 469.46 billion current US$ in 2012.
What is the lowest nonrenewable natural capital, natural gas recorded in Norway?
The lowest recorded value was 0 current US$ in 1995.
How does Norway rank for nonrenewable natural capital, natural gas?
Norway ranks 12th out of 83 countries with data for 2020.
Is nonrenewable natural capital, natural gas rising or falling in Norway?
Over the last ten years it is down 88.5%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital, natural gas (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital, natural gas in Norway. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-natural-gas-current-us/norway/

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About this data

Indicator
Nonrenewable natural capital, natural gas (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
83 places, 2,069 data points, 1995–2020
Last refreshed