Nonrenewable natural capital, oil in Azerbaijan

Azerbaijan: Nonrenewable natural capital, oil was 7.58 billion current US$ in 2020. ◆ Volatile

Latest (2020)
7.58 billion current US$
Change on year
down 95.8%
World rank
26th
of 86 countries
All-time high
460.09 billion current US$
in 2012
All-time low
0 current US$
in 1995
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Azerbaijan, 1995–2020

0100.0B200.0B300.0B400.0B500.0B1995200720201995: 0 current US$1996: 0 current US$1997: 5.2B current US$1998: 1.5B current US$1999: 6.3B current US$2000: 0 current US$2001: 13.3B current US$2002: 34.8B current US$2003: 0 current US$2004: 0 current US$2005: 93.5B current US$2006: 227.2B current US$2007: 288.0B current US$2008: 410.7B current US$2009: 11.2B current US$2010: 301.4B current US$2011: 443.6B current US$2012: 460.1B current US$2013: 442.4B current US$2014: 63.5B current US$2015: 169.8B current US$2016: 129.3B current US$2017: 171.0B current US$2018: 160.3B current US$2019: 182.2B current US$2020: 7.6B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, oil in Azerbaijan stood at 7.58 billion current US$.

Compared with earlier readings it is down 95.8% on the previous year and down 97.5% over ten years.

Over the whole period, nonrenewable natural capital, oil in Azerbaijan peaked at 460.09 billion current US$ in 2012 and was at its lowest, 0 current US$, in 1995.

Azerbaijan ranks 26th of 86 countries on this measure, 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 Azerbaijan, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Azerbaijan, 1995 to 2020.
Year current US$ Change
1995 0 current US$ —
1996 0 current US$ —
1997 5.21 billion current US$ —
1998 1.48 billion current US$ -71.6%
1999 6.30 billion current US$ +326.3%
2000 0 current US$ -100.0%
2001 13.29 billion current US$ —
2002 34.84 billion current US$ +162.2%
2003 0 current US$ -100.0%
2004 0 current US$ —
2005 93.47 billion current US$ —
2006 227.20 billion current US$ +143.1%
2007 288.02 billion current US$ +26.8%
2008 410.67 billion current US$ +42.6%
2009 11.24 billion current US$ -97.3%
2010 301.42 billion current US$ +2580.8%
2011 443.57 billion current US$ +47.2%
2012 460.09 billion current US$ +3.7%
2013 442.42 billion current US$ -3.8%
2014 63.53 billion current US$ -85.6%
2015 169.83 billion current US$ +167.3%
2016 129.27 billion current US$ -23.9%
2017 170.96 billion current US$ +32.3%
2018 160.27 billion current US$ -6.2%
2019 182.21 billion current US$ +13.7%
2020 7.58 billion current US$ -95.8%

Azerbaijan compared with similar countries

  • Azerbaijan's 7.58 billion current US$ is above the median for upper middle income countries, which is 1.37 billion current US$, 5.5× the median. (29 countries reporting)
  • Azerbaijan's 7.58 billion current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 71.3× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, oil in Azerbaijan 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
2010 +2580.8% 11.24 billion current US$ 301.42 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.60 billion current US$ 0 current US$ 6.30 billion current US$ 5
2000s 107.87 billion current US$ 0 current US$ 410.67 billion current US$ 10
2010s 252.36 billion current US$ 63.53 billion current US$ 460.09 billion current US$ 10
2020s 7.58 billion current US$ 7.58 billion current US$ 7.58 billion current US$ 1

Countries ranked near Azerbaijan

  1. 23 Mexico 8.73 billion current US$ compare
  2. 24 Gabon 8.25 billion current US$ compare
  3. 25 Angola 7.71 billion current US$ compare
  4. 27 Pakistan 7.26 billion current US$ compare
  5. 28 Belarus 6.15 billion current US$ compare
  6. 29 Italy 3.58 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is nonrenewable natural capital, oil in Azerbaijan?
Nonrenewable natural capital, oil in Azerbaijan was 7.58 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Azerbaijan?
The highest recorded value was 460.09 billion current US$ in 2012.
What is the lowest nonrenewable natural capital, oil recorded in Azerbaijan?
The lowest recorded value was 0 current US$ in 1995.
How does Azerbaijan rank for nonrenewable natural capital, oil?
Azerbaijan ranks 26th out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Azerbaijan?
Over the last ten years it is down 97.5%. The long-run trend across the full record is volatile.
Where does this Azerbaijan 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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Nonrenewable natural capital, oil in Azerbaijan. Statizoid. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-oil-current-us/azerbaijan/

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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