Nonrenewable natural capital, oil in Italy

Italy: Nonrenewable natural capital, oil was 3.58 billion current US$ in 2020. ◆ Volatile

Latest (2020)
3.58 billion current US$
Change on year
down 43.8%
World rank
29th
of 86 countries
All-time high
34.86 billion current US$
in 2012
All-time low
741.50 million current US$
in 2016
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Italy, 1995–2020

010.0B20.0B30.0B1995200720201995: 4.4B current US$1996: 6.5B current US$1997: 5.4B current US$1998: 1.8B current US$1999: 4.0B current US$2000: 9.0B current US$2001: 4.6B current US$2002: 5.8B current US$2003: 6.3B current US$2004: 5.0B current US$2005: 7.1B current US$2006: 16.1B current US$2007: 11.2B current US$2008: 24.2B current US$2009: 12.4B current US$2010: 13.4B current US$2011: 32.3B current US$2012: 34.9B current US$2013: 28.2B current US$2014: 28.9B current US$2015: 7.4B current US$2016: 741.5M current US$2017: 6.3B current US$2018: 14.0B current US$2019: 6.4B current US$2020: 3.6B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 26 Azerbaijan 7.58 billion current US$ compare
  2. 27 Pakistan 7.26 billion current US$ compare
  3. 28 Belarus 6.15 billion current US$ compare
  4. 30 Estonia 3.33 billion current US$ compare
  5. 31 Thailand 3.23 billion current US$ compare
  6. 32 Bolivia 2.90 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Italy

All data for Italy →

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).

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