Nonrenewable natural capital, oil in Mongolia

Mongolia: Nonrenewable natural capital, oil was 1.13 billion current US$ in 2020. ◆ Volatile

Latest (2020)
1.13 billion current US$
Change on year
down 71.4%
World rank
38th
of 86 countries
All-time high
8.21 billion current US$
in 2014
All-time low
0 current US$
in 1998
Years of data
23
1998–2020

Nonrenewable natural capital, oil in Mongolia, 1998–2020

02.0B4.0B6.0B8.0B1998200920201998: 0 current US$1999: 0 current US$2000: 0 current US$2001: 0 current US$2002: 0 current US$2003: 0 current US$2004: 0 current US$2005: 0 current US$2006: 0 current US$2007: 0 current US$2008: 974.6M current US$2009: 0 current US$2010: 0 current US$2011: 2.9B current US$2012: 5.3B current US$2013: 7.2B current US$2014: 8.2B current US$2015: 3.7B current US$2016: 2.7B current US$2017: 3.3B current US$2018: 4.8B current US$2019: 3.9B current US$2020: 1.1B current US$

Source: World Bank. Measured in current US$.

Analysis

Mongolia recorded 1.13 billion current US$ for nonrenewable natural capital, oil in 2020.

The figure is down 71.4% on the previous year and down 69.3% over five years.

Over the whole period, nonrenewable natural capital, oil in Mongolia peaked at 8.21 billion current US$ in 2014 and was at its lowest, 0 current US$, in 1998.

That places Mongolia 38th 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 0 current US$ 0 current US$ 0 current US$ 2
2000s 97.46 million current US$ 0 current US$ 974.59 million current US$ 10
2010s 4.21 billion current US$ 0 current US$ 8.21 billion current US$ 10
2020s 1.13 billion current US$ 1.13 billion current US$ 1.13 billion current US$ 1

Countries ranked near Mongolia

  1. 35 Democratic Republic of Congo 2.00 billion current US$ compare
  2. 36 Serbia 1.37 billion current US$ compare
  3. 37 Niger 1.30 billion current US$ compare
  4. 39 Japan 751.55 million current US$ compare
  5. 40 Bahrain 585.46 million current US$ compare
  6. 41 Austria 584.83 million current US$ compare

See the full ranking of 86 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is nonrenewable natural capital, oil in Mongolia?
Nonrenewable natural capital, oil in Mongolia was 1.13 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Mongolia?
The highest recorded value was 8.21 billion current US$ in 2014.
What is the lowest nonrenewable natural capital, oil recorded in Mongolia?
The lowest recorded value was 0 current US$ in 1998.
How does Mongolia rank for nonrenewable natural capital, oil?
Mongolia ranks 38th out of 86 countries with data for 2020.
Where does this Mongolia 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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CSV · JSON — 23 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