Nonrenewable natural capital, oil in Angola

Angola: Nonrenewable natural capital, oil was 7.71 billion current US$ in 2020. ◆ Volatile

Latest (2020)
7.71 billion current US$
Change on year
down 96.0%
World rank
25th
of 86 countries
All-time high
582.13 billion current US$
in 2011
All-time low
7.71 billion current US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Angola, 1995–2020

0200.0B400.0B600.0B1995200720201995: 27.8B current US$1996: 16.1B current US$1997: 11.8B current US$1998: 20.2B current US$1999: 37.8B current US$2000: 82.1B current US$2001: 65.1B current US$2002: 93.2B current US$2003: 102.3B current US$2004: 104.7B current US$2005: 264.3B current US$2006: 354.8B current US$2007: 370.8B current US$2008: 403.8B current US$2009: 316.8B current US$2010: 405.0B current US$2011: 582.1B current US$2012: 578.6B current US$2013: 427.1B current US$2014: 441.0B current US$2015: 173.6B current US$2016: 111.4B current US$2017: 160.4B current US$2018: 148.4B current US$2019: 191.6B current US$2020: 7.7B current US$

Source: World Bank. Measured in current US$.

Analysis

Angola recorded 7.71 billion current US$ for nonrenewable natural capital, oil in 2020. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 96.0% on the previous year and down 98.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Angola peaked at 582.13 billion current US$ in 2011 and was at its lowest, 7.71 billion current US$, in 2020.

That places Angola 25th 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 Angola, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Angola, 1995 to 2020.
Year current US$ Change
1995 27.79 billion current US$ —
1996 16.07 billion current US$ -42.2%
1997 11.82 billion current US$ -26.4%
1998 20.25 billion current US$ +71.3%
1999 37.85 billion current US$ +86.9%
2000 82.10 billion current US$ +116.9%
2001 65.07 billion current US$ -20.7%
2002 93.16 billion current US$ +43.2%
2003 102.33 billion current US$ +9.8%
2004 104.75 billion current US$ +2.4%
2005 264.34 billion current US$ +152.4%
2006 354.81 billion current US$ +34.2%
2007 370.85 billion current US$ +4.5%
2008 403.82 billion current US$ +8.9%
2009 316.78 billion current US$ -21.6%
2010 404.98 billion current US$ +27.8%
2011 582.13 billion current US$ +43.7%
2012 578.56 billion current US$ -0.6%
2013 427.13 billion current US$ -26.2%
2014 441.05 billion current US$ +3.3%
2015 173.62 billion current US$ -60.6%
2016 111.41 billion current US$ -35.8%
2017 160.43 billion current US$ +44.0%
2018 148.37 billion current US$ -7.5%
2019 191.65 billion current US$ +29.2%
2020 7.71 billion current US$ -96.0%

Angola compared with similar countries

  • Angola's 7.71 billion current US$ is above the median for lower middle income countries, which is 378.99 million current US$, 20.3× the median. (17 countries reporting)
  • Angola's 7.71 billion current US$ is above the median for Sub-Saharan Africa, which is 13.84 million current US$, 556.7× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.76 billion current US$ 11.82 billion current US$ 37.85 billion current US$ 5
2000s 215.80 billion current US$ 65.07 billion current US$ 403.82 billion current US$ 10
2010s 321.93 billion current US$ 111.41 billion current US$ 582.13 billion current US$ 10
2020s 7.71 billion current US$ 7.71 billion current US$ 7.71 billion current US$ 1

Countries ranked near Angola

  1. 22 Ukraine 8.88 billion current US$ compare
  2. 23 Mexico 8.73 billion current US$ compare
  3. 24 Gabon 8.25 billion current US$ compare
  4. 26 Azerbaijan 7.58 billion current US$ compare
  5. 27 Pakistan 7.26 billion current US$ compare
  6. 28 Belarus 6.15 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Angola

All data for Angola →

Frequently asked questions

What is nonrenewable natural capital, oil in Angola?
Nonrenewable natural capital, oil in Angola was 7.71 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Angola?
The highest recorded value was 582.13 billion current US$ in 2011.
What is the lowest nonrenewable natural capital, oil recorded in Angola?
The lowest recorded value was 7.71 billion current US$ in 2020.
How does Angola rank for nonrenewable natural capital, oil?
Angola ranks 25th out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Angola?
Over the last ten years it is down 98.1%. The long-run trend across the full record is volatile.
Where does this Angola 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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About this data

Indicator
Nonrenewable natural capital, oil (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,059 data points, 1995–2020
Last refreshed