Nonrenewable natural capital, natural gas in Norway

Norway: Nonrenewable natural capital, natural gas was 120.46 billion real chained 2019 US$ in 2020. β–² Rising

Latest (2020)
120.46 billion real chained 2019 US$
Change on year
down 6.2%
World rank
7th
of 148 countries
All-time high
177.25 billion real chained 2019 US$
in 2006
All-time low
87.06 billion real chained 2019 US$
in 2000
Years of data
26
1995–2020

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

050.0B100.0B150.0B200.0B1995200720201995: 149.2B real chained 2019 US$1996: 99.9B real chained 2019 US$1997: 100.4B real chained 2019 US$1998: 110.0B real chained 2019 US$1999: 87.1B real chained 2019 US$2000: 87.1B real chained 2019 US$2001: 92.6B real chained 2019 US$2002: 92.6B real chained 2019 US$2003: 162.6B real chained 2019 US$2004: 157.3B real chained 2019 US$2005: 154.9B real chained 2019 US$2006: 177.2B real chained 2019 US$2007: 173.2B real chained 2019 US$2008: 166.5B real chained 2019 US$2009: 171.8B real chained 2019 US$2010: 171.8B real chained 2019 US$2011: 151.5B real chained 2019 US$2012: 149.1B real chained 2019 US$2013: 153.8B real chained 2019 US$2014: 155.3B real chained 2019 US$2015: 152.2B real chained 2019 US$2016: 142.8B real chained 2019 US$2017: 137.9B real chained 2019 US$2018: 132.4B real chained 2019 US$2019: 128.4B real chained 2019 US$2020: 120.5B real chained 2019 US$

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. Measured in real chained 2019 US$.

Analysis

Norway recorded 120.46 billion real chained 2019 US$ for nonrenewable natural capital, natural gas in 2020.

That represents a change of down 6.2% on the previous year and down 29.9% over ten years.

Over the whole period, nonrenewable natural capital, natural gas in Norway peaked at 177.25 billion real chained 2019 US$ in 2006 and was at its lowest, 87.06 billion real chained 2019 US$, in 2000.

That places Norway 7th out of 148 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 109.33 billion real chained 2019 US$ 87.14 billion real chained 2019 US$ 149.17 billion real chained 2019 US$ 5
2000s 143.58 billion real chained 2019 US$ 87.06 billion real chained 2019 US$ 177.25 billion real chained 2019 US$ 10
2010s 147.51 billion real chained 2019 US$ 128.44 billion real chained 2019 US$ 171.82 billion real chained 2019 US$ 10
2020s 120.46 billion real chained 2019 US$ 120.46 billion real chained 2019 US$ 120.46 billion real chained 2019 US$ 1

Countries ranked near Norway

  1. 4 China (People's Republic of) 238.46 billion real chained 2019 US$ compare
  2. 5 Australia 155.38 billion real chained 2019 US$ compare
  3. 6 United States 126.81 billion real chained 2019 US$ compare
  4. 8 Indonesia 111.43 billion real chained 2019 US$ compare
  5. 9 Malaysia 99.98 billion real chained 2019 US$ compare
  6. 10 United Arab Emirates 97.13 billion real chained 2019 US$ compare

See the full ranking of 148 places β†’

More reference data data for Norway

All data for Norway β†’

Frequently asked questions

What is nonrenewable natural capital, natural gas in Norway?
Nonrenewable natural capital, natural gas in Norway was 120.46 billion real chained 2019 US$ in 2020, according to 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.
What is the highest nonrenewable natural capital, natural gas recorded in Norway?
The highest recorded value was 177.25 billion real chained 2019 US$ in 2006.
What is the lowest nonrenewable natural capital, natural gas recorded in Norway?
The lowest recorded value was 87.06 billion real chained 2019 US$ in 2000.
How does Norway rank for nonrenewable natural capital, natural gas?
Norway ranks 7th out of 148 countries with data for 2020.
Is nonrenewable natural capital, natural gas rising or falling in Norway?
Over the last ten years it is down 29.9%. The long-run trend across the full record is rising.
Where does this Norway data come from?
The figures 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 part of Nonrenewable natural capital, natural gas (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital, natural gas in Norway. 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 17 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-natural-gas-real-chained-2019-us/norway/

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About this data

Indicator
Nonrenewable natural capital, natural gas (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
148 places, 3,807 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.