Nonrenewable natural capital, oil in Albania
Albania: Nonrenewable natural capital, oil was 0 current US$ in 2020. ◆ Volatile
Latest (2020)
0 current US$
Change on year
down 100.0%
World rank
58th
of 86 countries
All-time high
7.25 billion current US$
in 2011
All-time low
0 current US$
in 2020
Years of data
26
1995–2020
Nonrenewable natural capital, oil in Albania, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, nonrenewable natural capital, oil in Albania stood at 0 current US$. That is the lowest value across all 26 years on record.
That represents a change of down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, nonrenewable natural capital, oil in Albania peaked at 7.25 billion current US$ in 2011 and was at its lowest, 0 current US$, in 2020.
That places Albania 58th out of 86 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Albania, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 429.27 million current US$ | — |
| 1996 | 607.08 million current US$ | +41.4% |
| 1997 | 408.02 million current US$ | -32.8% |
| 1998 | 23.07 million current US$ | -94.3% |
| 1999 | 198.62 million current US$ | +760.8% |
| 2000 | 177.72 million current US$ | -10.5% |
| 2001 | 387.03 million current US$ | +117.8% |
| 2002 | 595.08 million current US$ | +53.8% |
| 2003 | 274.21 million current US$ | -53.9% |
| 2004 | 1.32 billion current US$ | +382.6% |
| 2005 | 2.05 billion current US$ | +55.1% |
| 2006 | 3.05 billion current US$ | +48.5% |
| 2007 | 3.67 billion current US$ | +20.6% |
| 2008 | 4.94 billion current US$ | +34.5% |
| 2009 | 2.29 billion current US$ | -53.7% |
| 2010 | 4.15 billion current US$ | +81.3% |
| 2011 | 7.25 billion current US$ | +74.7% |
| 2012 | 6.94 billion current US$ | -4.3% |
| 2013 | 3.63 billion current US$ | -47.7% |
| 2014 | 5.88 billion current US$ | +61.9% |
| 2015 | 1.35 billion current US$ | -77.1% |
| 2016 | 240.90 million current US$ | -82.1% |
| 2017 | 953.06 million current US$ | +295.6% |
| 2018 | 1.96 billion current US$ | +105.4% |
| 2019 | 722.22 million current US$ | -63.1% |
| 2020 | 0 current US$ | -100.0% |
Albania compared with similar countries
- Albania's 0 current US$ is below the median for upper middle income countries, which is 1.37 billion current US$. (29 countries reporting)
- Albania's 0 current US$ is below the median for Europe & Central Asia, which is 106.23 million current US$. (31 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +760.8% | 23.07 million current US$ | 198.62 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 333.21 million current US$ | 23.07 million current US$ | 607.08 million current US$ | 5 |
| 2000s | 1.88 billion current US$ | 177.72 million current US$ | 4.94 billion current US$ | 10 |
| 2010s | 3.31 billion current US$ | 240.90 million current US$ | 7.25 billion current US$ | 10 |
| 2020s | 0 current US$ | 0 current US$ | 0 current US$ | 1 |
Countries ranked near Albania
- 55 Morocco 12.55 million current US$ compare
- 56 Chile 9.75 million current US$ compare
- 57 Tajikistan 1.59 million current US$ compare
- 58 Argentina 0 current US$ compare
- 58 Belize 0 current US$ compare
- 58 Brazil 0 current US$ compare
- 58 Bulgaria 0 current US$ compare
- 58 Cameroon 0 current US$ compare
- 58 Chad 0 current US$ compare
- 58 Cote d'Ivoire 0 current US$ compare
- 58 Croatia 0 current US$ compare
- 58 Denmark 0 current US$ compare
- 58 France 0 current US$ compare
- 58 Georgia 0 current US$ compare
- 58 Greece 0 current US$ compare
- 58 Indonesia 0 current US$ compare
- 58 Israel 0 current US$
- 58 Jordan 0 current US$ compare
- 58 Kyrgyzstan 0 current US$ compare
- 58 Lithuania 0 current US$ compare
- 58 Madagascar 0 current US$ compare
- 58 Mauritania 0 current US$ compare
- 58 Peru 0 current US$ compare
- 58 Philippines 0 current US$ compare
- 58 Poland 0 current US$ compare
- 58 Slovakia 0 current US$ compare
- 58 South Africa 0 current US$ compare
- 58 Spain 0 current US$ compare
- 58 Sudan 0 current US$ compare
- 58 Tunisia 0 current US$ compare
- 58 Turkey 0 current US$ compare
More reference data data for Albania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2845 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4183 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9734 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0261 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9734 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.954 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6439 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.6 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 4.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.142 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Albania?
- Nonrenewable natural capital, oil in Albania was 0 current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Albania?
- The highest recorded value was 7.25 billion current US$ in 2011.
- What is the lowest nonrenewable natural capital, oil recorded in Albania?
- The lowest recorded value was 0 current US$ in 2020.
- How does Albania rank for nonrenewable natural capital, oil?
- Albania ranks 58th out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Albania?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, oil (current US$). Statizoid updates them automatically from the source API.
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