Nonrenewable natural capital, oil in Italy
Italy: Nonrenewable natural capital, oil was 3.58 billion current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Italy, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
Italy recorded 3.58 billion current US$ for nonrenewable natural capital, oil in 2020.
Compared with earlier readings it is down 43.8% on the previous year and down 73.3% over ten years.
Over the whole period, nonrenewable natural capital, oil in Italy peaked at 34.86 billion current US$ in 2012 and was at its lowest, 741.50 million current US$, in 2016.
That places Italy 29th out of 86 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Italy, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 4.35 billion current US$ | — |
| 1996 | 6.45 billion current US$ | +48.3% |
| 1997 | 5.35 billion current US$ | -17.1% |
| 1998 | 1.82 billion current US$ | -65.9% |
| 1999 | 4.02 billion current US$ | +120.4% |
| 2000 | 9.01 billion current US$ | +124.0% |
| 2001 | 4.62 billion current US$ | -48.8% |
| 2002 | 5.77 billion current US$ | +24.9% |
| 2003 | 6.34 billion current US$ | +10.0% |
| 2004 | 4.95 billion current US$ | -21.9% |
| 2005 | 7.15 billion current US$ | +44.3% |
| 2006 | 16.08 billion current US$ | +125.0% |
| 2007 | 11.19 billion current US$ | -30.4% |
| 2008 | 24.22 billion current US$ | +116.4% |
| 2009 | 12.40 billion current US$ | -48.8% |
| 2010 | 13.38 billion current US$ | +8.0% |
| 2011 | 32.25 billion current US$ | +141.0% |
| 2012 | 34.86 billion current US$ | +8.1% |
| 2013 | 28.18 billion current US$ | -19.2% |
| 2014 | 28.88 billion current US$ | +2.5% |
| 2015 | 7.38 billion current US$ | -74.4% |
| 2016 | 741.50 million current US$ | -90.0% |
| 2017 | 6.31 billion current US$ | +751.6% |
| 2018 | 13.97 billion current US$ | +121.2% |
| 2019 | 6.36 billion current US$ | -54.5% |
| 2020 | 3.58 billion current US$ | -43.8% |
Italy compared with similar countries
- Italy's 3.58 billion current US$ is above the median for high income countries, which is 402.13 million current US$, 8.9× the median. (34 countries reporting)
- Italy's 3.58 billion current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 33.7× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +751.6% | 741.50 million current US$ | 6.31 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.40 billion current US$ | 1.82 billion current US$ | 6.45 billion current US$ | 5 |
| 2000s | 10.17 billion current US$ | 4.62 billion current US$ | 24.22 billion current US$ | 10 |
| 2010s | 17.23 billion current US$ | 741.50 million current US$ | 34.86 billion current US$ | 10 |
| 2020s | 3.58 billion current US$ | 3.58 billion current US$ | 3.58 billion current US$ | 1 |
Countries ranked near Italy
More reference data data for Italy
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 8.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.927 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 8.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 8.37 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.21 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.51 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 41.74 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.05 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Italy?
- Nonrenewable natural capital, oil in Italy was 3.58 billion current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Italy?
- The highest recorded value was 34.86 billion current US$ in 2012.
- What is the lowest nonrenewable natural capital, oil recorded in Italy?
- The lowest recorded value was 741.50 million current US$ in 2016.
- How does Italy rank for nonrenewable natural capital, oil?
- Italy ranks 29th out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Italy?
- Over the last ten years it is down 73.3%. The long-run trend across the full record is volatile.
- Where does this Italy 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).