Nonrenewable natural capital, oil in China

China: Nonrenewable natural capital, oil was 222.00 billion current US$ in 2020. ◆ Volatile

Latest (2020)
222.00 billion current US$
Change on year
down 62.4%
World rank
10th
of 86 countries
All-time high
1.56 trillion current US$
in 2012
All-time low
91.44 billion current US$
in 1998
Years of data
26
1995–2020

Nonrenewable natural capital, oil in China, 1995–2020

0500.0B1.0T1.5T1995200720201995: 130.5B current US$1996: 179.4B current US$1997: 165.8B current US$1998: 91.4B current US$1999: 137.1B current US$2000: 132.1B current US$2001: 185.6B current US$2002: 197.6B current US$2003: 222.7B current US$2004: 416.1B current US$2005: 586.0B current US$2006: 627.4B current US$2007: 863.6B current US$2008: 1.2T current US$2009: 633.6B current US$2010: 746.6B current US$2011: 1.5T current US$2012: 1.6T current US$2013: 1.4T current US$2014: 1.3T current US$2015: 385.3B current US$2016: 377.7B current US$2017: 350.3B current US$2018: 773.7B current US$2019: 591.0B current US$2020: 222.0B current US$

Source: World Bank. Measured in current US$.

Analysis

China recorded 222.00 billion current US$ for nonrenewable natural capital, oil in 2020.

The figure is down 62.4% on the previous year and down 70.3% over ten years.

Over the whole period, nonrenewable natural capital, oil in China peaked at 1.56 trillion current US$ in 2012 and was at its lowest, 91.44 billion current US$, in 1998.

China ranks 10th of 86 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital, oil in China, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in China, 1995 to 2020.
Year current US$ Change
1995 130.46 billion current US$
1996 179.45 billion current US$ +37.5%
1997 165.77 billion current US$ -7.6%
1998 91.44 billion current US$ -44.8%
1999 137.14 billion current US$ +50.0%
2000 132.08 billion current US$ -3.7%
2001 185.62 billion current US$ +40.5%
2002 197.65 billion current US$ +6.5%
2003 222.68 billion current US$ +12.7%
2004 416.09 billion current US$ +86.9%
2005 586.01 billion current US$ +40.8%
2006 627.40 billion current US$ +7.1%
2007 863.64 billion current US$ +37.7%
2008 1.18 trillion current US$ +36.6%
2009 633.58 billion current US$ -46.3%
2010 746.58 billion current US$ +17.8%
2011 1.48 trillion current US$ +98.8%
2012 1.56 trillion current US$ +5.1%
2013 1.44 trillion current US$ -7.6%
2014 1.35 trillion current US$ -6.4%
2015 385.32 billion current US$ -71.5%
2016 377.69 billion current US$ -2.0%
2017 350.30 billion current US$ -7.3%
2018 773.70 billion current US$ +120.9%
2019 591.02 billion current US$ -23.6%
2020 222.00 billion current US$ -62.4%

China compared with similar countries

  • China's 222.00 billion current US$ is above the median for upper middle income countries, which is 1.37 billion current US$, 161.7× the median. (29 countries reporting)
  • China's 222.00 billion current US$ is above the median for East Asia & Pacific, which is 1.86 billion current US$, 119.6× the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 140.85 billion current US$ 91.44 billion current US$ 179.45 billion current US$ 5
2000s 504.44 billion current US$ 132.08 billion current US$ 1.18 trillion current US$ 10
2010s 906.03 billion current US$ 350.30 billion current US$ 1.56 trillion current US$ 10
2020s 222.00 billion current US$ 222.00 billion current US$ 222.00 billion current US$ 1

Countries ranked near China

  1. 7 Kazakhstan 260.19 billion current US$ compare
  2. 8 Nigeria 226.57 billion current US$ compare
  3. 9 Canada 222.78 billion current US$ compare
  4. 11 Norway 136.67 billion current US$ compare
  5. 12 Oman 118.24 billion current US$ compare
  6. 13 India 70.56 billion current US$ compare

See the full ranking of 86 places →

More reference data data for China

All data for China →

Frequently asked questions

What is nonrenewable natural capital, oil in China?
Nonrenewable natural capital, oil in China was 222.00 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in China?
The highest recorded value was 1.56 trillion current US$ in 2012.
What is the lowest nonrenewable natural capital, oil recorded in China?
The lowest recorded value was 91.44 billion current US$ in 1998.
How does China rank for nonrenewable natural capital, oil?
China ranks 10th out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in China?
Over the last ten years it is down 70.3%. The long-run trend across the full record is volatile.
Where does this China 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