Nonrenewable natural capital, oil in Ecuador
Ecuador: Nonrenewable natural capital, oil was 22.36 billion current US$ in 2020. ◆ Volatile
Latest (2020)
22.36 billion current US$
Change on year
down 52.7%
World rank
18th
of 86 countries
All-time high
146.52 billion current US$
in 2008
All-time low
9.00 billion current US$
in 1998
Years of data
26
1995–2020
Nonrenewable natural capital, oil in Ecuador, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Ecuador is 22.36 billion current US$, measured in 2020.
Compared with earlier readings it is down 52.7% on the previous year and down 73.6% over ten years.
Over the whole period, nonrenewable natural capital, oil in Ecuador peaked at 146.52 billion current US$ in 2008 and was at its lowest, 9.00 billion current US$, in 1998.
Ecuador ranks 18th of 86 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Ecuador, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 15.73 billion current US$ | — |
| 1996 | 20.38 billion current US$ | +29.6% |
| 1997 | 18.71 billion current US$ | -8.2% |
| 1998 | 9.00 billion current US$ | -51.9% |
| 1999 | 17.52 billion current US$ | +94.6% |
| 2000 | 36.68 billion current US$ | +109.4% |
| 2001 | 14.45 billion current US$ | -60.6% |
| 2002 | 15.44 billion current US$ | +6.8% |
| 2003 | 46.13 billion current US$ | +198.9% |
| 2004 | 70.43 billion current US$ | +52.7% |
| 2005 | 86.42 billion current US$ | +22.7% |
| 2006 | 98.68 billion current US$ | +14.2% |
| 2007 | 108.21 billion current US$ | +9.7% |
| 2008 | 146.52 billion current US$ | +35.4% |
| 2009 | 70.60 billion current US$ | -51.8% |
| 2010 | 84.78 billion current US$ | +20.1% |
| 2011 | 140.39 billion current US$ | +65.6% |
| 2012 | 136.26 billion current US$ | -2.9% |
| 2013 | 136.25 billion current US$ | -0.0% |
| 2014 | 109.05 billion current US$ | -20.0% |
| 2015 | 33.60 billion current US$ | -69.2% |
| 2016 | 33.20 billion current US$ | -1.2% |
| 2017 | 44.22 billion current US$ | +33.2% |
| 2018 | 53.93 billion current US$ | +22.0% |
| 2019 | 47.25 billion current US$ | -12.4% |
| 2020 | 22.36 billion current US$ | -52.7% |
Ecuador compared with similar countries
- Ecuador's 22.36 billion current US$ is above the median for upper middle income countries, which is 1.37 billion current US$, 16.3× the median. (29 countries reporting)
- Ecuador's 22.36 billion current US$ is above the median for Latin America & Caribbean, which is 290.27 million current US$, 77.0× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.27 billion current US$ | 9.00 billion current US$ | 20.38 billion current US$ | 5 |
| 2000s | 69.35 billion current US$ | 14.45 billion current US$ | 146.52 billion current US$ | 10 |
| 2010s | 81.89 billion current US$ | 33.20 billion current US$ | 140.39 billion current US$ | 10 |
| 2020s | 22.36 billion current US$ | 22.36 billion current US$ | 22.36 billion current US$ | 1 |
Countries ranked near Ecuador
More reference data data for Ecuador
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1826 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.74 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.18 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 23.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9943 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Ecuador?
- Nonrenewable natural capital, oil in Ecuador was 22.36 billion current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Ecuador?
- The highest recorded value was 146.52 billion current US$ in 2008.
- What is the lowest nonrenewable natural capital, oil recorded in Ecuador?
- The lowest recorded value was 9.00 billion current US$ in 1998.
- How does Ecuador rank for nonrenewable natural capital, oil?
- Ecuador ranks 18th out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Ecuador?
- Over the last ten years it is down 73.6%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).