Nonrenewable natural capital, oil in New Zealand
New Zealand: Nonrenewable natural capital, oil was 22.53 million current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in New Zealand, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, oil in New Zealand is 22.53 million current US$, measured in 2020. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 90.1% on the previous year and down 98.6% over ten years.
Over the whole period, nonrenewable natural capital, oil in New Zealand peaked at 4.32 billion current US$ in 2008 and was at its lowest, 22.53 million current US$, in 2020.
That places New Zealand 53rd out of 86 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.37 billion current US$ | 947.87 million current US$ | 1.64 billion current US$ | 5 |
| 2000s | 2.40 billion current US$ | 1.11 billion current US$ | 4.32 billion current US$ | 10 |
| 2010s | 1.20 billion current US$ | 86.57 million current US$ | 3.91 billion current US$ | 10 |
| 2020s | 22.53 million current US$ | 22.53 million current US$ | 22.53 million current US$ | 1 |
Countries ranked near New Zealand
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 66.23 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 66.23 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 32.24 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 3.98 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 12,188 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in New Zealand?
- Nonrenewable natural capital, oil in New Zealand was 22.53 million current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in New Zealand?
- The highest recorded value was 4.32 billion current US$ in 2008.
- What is the lowest nonrenewable natural capital, oil recorded in New Zealand?
- The lowest recorded value was 22.53 million current US$ in 2020.
- How does New Zealand rank for nonrenewable natural capital, oil?
- New Zealand ranks 53rd out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in New Zealand?
- Over the last ten years it is down 98.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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).