Nonrenewable natural capital, oil in Mexico

Mexico: Nonrenewable natural capital, oil was 8.73 billion current US$ in 2020. ◆ Volatile

Latest (2020)
8.73 billion current US$
Change on year
down 92.5%
World rank
23rd
of 86 countries
All-time high
688.70 billion current US$
in 2013
All-time low
8.73 billion current US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Mexico, 1995–2020

0200.0B400.0B600.0B1995200720201995: 140.6B current US$1996: 204.6B current US$1997: 273.8B current US$1998: 216.4B current US$1999: 81.6B current US$2000: 328.5B current US$2001: 274.0B current US$2002: 273.1B current US$2003: 213.5B current US$2004: 282.3B current US$2005: 379.6B current US$2006: 439.9B current US$2007: 477.5B current US$2008: 617.5B current US$2009: 279.4B current US$2010: 91.5B current US$2011: 638.6B current US$2012: 686.9B current US$2013: 688.7B current US$2014: 202.2B current US$2015: 131.1B current US$2016: 100.8B current US$2017: 61.6B current US$2018: 125.4B current US$2019: 115.9B current US$2020: 8.7B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, oil in Mexico stood at 8.73 billion current US$. That is the lowest value across all 26 years on record.

That represents a change of down 92.5% on the previous year and down 90.5% over ten years.

Over the whole period, nonrenewable natural capital, oil in Mexico peaked at 688.70 billion current US$ in 2013 and was at its lowest, 8.73 billion current US$, in 2020.

That places Mexico 23rd 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 Mexico, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Mexico, 1995 to 2020.
Year current US$ Change
1995 140.57 billion current US$ —
1996 204.62 billion current US$ +45.6%
1997 273.75 billion current US$ +33.8%
1998 216.44 billion current US$ -20.9%
1999 81.58 billion current US$ -62.3%
2000 328.54 billion current US$ +302.7%
2001 273.95 billion current US$ -16.6%
2002 273.05 billion current US$ -0.3%
2003 213.46 billion current US$ -21.8%
2004 282.32 billion current US$ +32.3%
2005 379.56 billion current US$ +34.4%
2006 439.89 billion current US$ +15.9%
2007 477.54 billion current US$ +8.6%
2008 617.50 billion current US$ +29.3%
2009 279.41 billion current US$ -54.8%
2010 91.48 billion current US$ -67.3%
2011 638.61 billion current US$ +598.1%
2012 686.87 billion current US$ +7.6%
2013 688.70 billion current US$ +0.3%
2014 202.25 billion current US$ -70.6%
2015 131.06 billion current US$ -35.2%
2016 100.79 billion current US$ -23.1%
2017 61.64 billion current US$ -38.8%
2018 125.37 billion current US$ +103.4%
2019 115.86 billion current US$ -7.6%
2020 8.73 billion current US$ -92.5%

Mexico compared with similar countries

  • Mexico's 8.73 billion current US$ is above the median for upper middle income countries, which is 1.37 billion current US$, 6.4× the median. (29 countries reporting)
  • Mexico's 8.73 billion current US$ is above the median for Latin America & Caribbean, which is 290.27 million current US$, 30.1× the median. (12 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, oil in Mexico 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.

YearChange FromTo
2011 +598.1% 91.48 billion current US$ 638.61 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 183.39 billion current US$ 81.58 billion current US$ 273.75 billion current US$ 5
2000s 356.52 billion current US$ 213.46 billion current US$ 617.50 billion current US$ 10
2010s 284.26 billion current US$ 61.64 billion current US$ 688.70 billion current US$ 10
2020s 8.73 billion current US$ 8.73 billion current US$ 8.73 billion current US$ 1

Countries ranked near Mexico

  1. 20 United Kingdom 9.65 billion current US$ compare
  2. 21 Colombia 9.05 billion current US$ compare
  3. 22 Ukraine 8.88 billion current US$ compare
  4. 24 Gabon 8.25 billion current US$ compare
  5. 25 Angola 7.71 billion current US$ compare
  6. 26 Azerbaijan 7.58 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is nonrenewable natural capital, oil in Mexico?
Nonrenewable natural capital, oil in Mexico was 8.73 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Mexico?
The highest recorded value was 688.70 billion current US$ in 2013.
What is the lowest nonrenewable natural capital, oil recorded in Mexico?
The lowest recorded value was 8.73 billion current US$ in 2020.
How does Mexico rank for nonrenewable natural capital, oil?
Mexico ranks 23rd out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Mexico?
Over the last ten years it is down 90.5%. The long-run trend across the full record is volatile.
Where does this Mexico 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