Nonrenewable natural capital, oil in South Korea

South Korea: Nonrenewable natural capital, oil was 29.68 million current US$ in 2020. ◆ Volatile

Latest (2020)
29.68 million current US$
Change on year
down 60.1%
World rank
51st
of 86 countries
All-time high
382.99 million current US$
in 2008
All-time low
29.68 million current US$
in 2020
Years of data
17
2004–2020

Nonrenewable natural capital, oil in South Korea, 2004–2020

0100.0M200.0M300.0M400.0M2004201220202004: 80.3M current US$2005: 252.8M current US$2006: 256.5M current US$2007: 286.1M current US$2008: 383.0M current US$2009: 204.1M current US$2010: 220.6M current US$2011: 311.7M current US$2012: 294.7M current US$2013: 278.2M current US$2014: 171.0M current US$2015: 52.3M current US$2016: 41.2M current US$2017: 67.1M current US$2018: 113.5M current US$2019: 74.5M current US$2020: 29.7M current US$

Source: World Bank. Measured in current US$.

Analysis

South Korea recorded 29.68 million current US$ for nonrenewable natural capital, oil in 2020. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 60.1% on the previous year and down 86.5% over ten years.

Over the whole period, nonrenewable natural capital, oil in South Korea peaked at 382.99 million current US$ in 2008 and was at its lowest, 29.68 million current US$, in 2020.

South Korea ranks 51st 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 243.79 million current US$ 80.33 million current US$ 382.99 million current US$ 6
2010s 162.49 million current US$ 41.22 million current US$ 311.72 million current US$ 10
2020s 29.68 million current US$ 29.68 million current US$ 29.68 million current US$ 1

Countries ranked near South Korea

  1. 48 Guatemala 171.17 million current US$ compare
  2. 49 Mozambique 152.00 million current US$ compare
  3. 50 Netherlands 106.23 million current US$ compare
  4. 52 Slovenia 23.93 million current US$ compare
  5. 53 New Zealand 22.53 million current US$ compare
  6. 54 Senegal 13.84 million current US$

See the full ranking of 86 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is nonrenewable natural capital, oil in South Korea?
Nonrenewable natural capital, oil in South Korea was 29.68 million current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in South Korea?
The highest recorded value was 382.99 million current US$ in 2008.
What is the lowest nonrenewable natural capital, oil recorded in South Korea?
The lowest recorded value was 29.68 million current US$ in 2020.
How does South Korea rank for nonrenewable natural capital, oil?
South Korea ranks 51st out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in South Korea?
Over the last ten years it is down 86.5%. The long-run trend across the full record is volatile.
Where does this South Korea 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 — 17 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