Nonrenewable natural capital, oil in Austria

Austria: Nonrenewable natural capital, oil was 584.83 million current US$ in 2020. ◆ Volatile

Latest (2020)
584.83 million current US$
Change on year
down 55.3%
World rank
41st
of 86 countries
All-time high
3.67 billion current US$
in 2011
All-time low
0 current US$
in 1998
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Austria, 1995–2020

01.0B2.0B3.0B4.0B1995200720201995: 192.9M current US$1996: 1.1B current US$1997: 798.6M current US$1998: 0 current US$1999: 752.6M current US$2000: 1.5B current US$2001: 1.2B current US$2002: 1.2B current US$2003: 1.4B current US$2004: 1.5B current US$2005: 810.9M current US$2006: 2.6B current US$2007: 2.0B current US$2008: 3.2B current US$2009: 1.8B current US$2010: 2.5B current US$2011: 3.7B current US$2012: 3.7B current US$2013: 3.3B current US$2014: 3.1B current US$2015: 1.3B current US$2016: 869.9M current US$2017: 887.3M current US$2018: 1.7B current US$2019: 1.3B current US$2020: 584.8M current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital, oil in Austria is 584.83 million current US$, measured in 2020.

The figure is down 55.3% on the previous year and down 76.6% over ten years.

Over the whole period, nonrenewable natural capital, oil in Austria peaked at 3.67 billion current US$ in 2011 and was at its lowest, 0 current US$, in 1998.

That places Austria 41st 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 Austria, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Austria, 1995 to 2020.
Year current US$ Change
1995 192.91 million current US$ —
1996 1.14 billion current US$ +493.2%
1997 798.65 million current US$ -30.2%
1998 0 current US$ -100.0%
1999 752.60 million current US$ —
2000 1.46 billion current US$ +93.4%
2001 1.20 billion current US$ -17.6%
2002 1.20 billion current US$ +0.5%
2003 1.36 billion current US$ +12.6%
2004 1.48 billion current US$ +8.8%
2005 810.90 million current US$ -45.1%
2006 2.60 billion current US$ +221.1%
2007 2.00 billion current US$ -23.3%
2008 3.24 billion current US$ +62.4%
2009 1.78 billion current US$ -45.3%
2010 2.50 billion current US$ +40.8%
2011 3.67 billion current US$ +46.9%
2012 3.65 billion current US$ -0.5%
2013 3.32 billion current US$ -9.2%
2014 3.09 billion current US$ -6.7%
2015 1.29 billion current US$ -58.4%
2016 869.95 million current US$ -32.4%
2017 887.31 million current US$ +2.0%
2018 1.66 billion current US$ +86.9%
2019 1.31 billion current US$ -21.1%
2020 584.83 million current US$ -55.3%

Austria compared with similar countries

  • Austria's 584.83 million current US$ is above the median for high income countries, which is 402.13 million current US$, 1.5× the median. (34 countries reporting)
  • Austria's 584.83 million current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 5.5× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, oil in Austria 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
1996 +493.2% 192.91 million current US$ 1.14 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 577.72 million current US$ 0 current US$ 1.14 billion current US$ 5
2000s 1.71 billion current US$ 810.90 million current US$ 3.24 billion current US$ 10
2010s 2.22 billion current US$ 869.95 million current US$ 3.67 billion current US$ 10
2020s 584.83 million current US$ 584.83 million current US$ 584.83 million current US$ 1

Countries ranked near Austria

  1. 38 Mongolia 1.13 billion current US$ compare
  2. 39 Japan 751.55 million current US$ compare
  3. 40 Bahrain 585.46 million current US$ compare
  4. 42 Suriname 572.77 million current US$ compare
  5. 43 Hungary 482.88 million current US$ compare
  6. 44 Trinidad and Tobago 409.36 million current US$ compare

See the full ranking of 86 places →

More reference data data for Austria

All data for Austria →

Frequently asked questions

What is nonrenewable natural capital, oil in Austria?
Nonrenewable natural capital, oil in Austria was 584.83 million current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Austria?
The highest recorded value was 3.67 billion current US$ in 2011.
What is the lowest nonrenewable natural capital, oil recorded in Austria?
The lowest recorded value was 0 current US$ in 1998.
How does Austria rank for nonrenewable natural capital, oil?
Austria ranks 41st out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Austria?
Over the last ten years it is down 76.6%. The long-run trend across the full record is volatile.
Where does this Austria 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