Nonrenewable natural capital, oil in Russia

Russia: Nonrenewable natural capital, oil was 1.73 trillion current US$ in 2020. ◆ Volatile

Latest (2020)
1.73 trillion current US$
Change on year
up 108.1%
World rank
1st
of 86 countries
All-time high
4.06 trillion current US$
in 2012
All-time low
0 current US$
in 1999
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Russia, 1995–2020

01.0T2.0T3.0T4.0T1995200720201995: 485.5B current US$1996: 573.5B current US$1997: 510.5B current US$1998: 291.2B current US$1999: 0 current US$2000: 60.9B current US$2001: 697.8B current US$2002: 760.4B current US$2003: 921.0B current US$2004: 793.9B current US$2005: 276.3B current US$2006: 2.3T current US$2007: 366.2B current US$2008: 3.8T current US$2009: 659.3B current US$2010: 2.5T current US$2011: 4.1T current US$2012: 4.1T current US$2013: 81.2B current US$2014: 0 current US$2015: 150.2B current US$2016: 127.9B current US$2017: 402.9B current US$2018: 0 current US$2019: 829.8B current US$2020: 1.7T current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital, oil in Russia is 1.73 trillion current US$, measured in 2020.

The figure is up 108.1% on the previous year and down 29.5% over ten years.

Over the whole period, nonrenewable natural capital, oil in Russia peaked at 4.06 trillion current US$ in 2012 and was at its lowest, 0 current US$, in 1999.

That places Russia 1st out of 86 countries with data for 2020, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital, oil in Russia, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Russia, 1995 to 2020.
Year current US$ Change
1995 485.50 billion current US$ —
1996 573.46 billion current US$ +18.1%
1997 510.46 billion current US$ -11.0%
1998 291.18 billion current US$ -43.0%
1999 0 current US$ -100.0%
2000 60.87 billion current US$ —
2001 697.77 billion current US$ +1046.2%
2002 760.44 billion current US$ +9.0%
2003 921.01 billion current US$ +21.1%
2004 793.91 billion current US$ -13.8%
2005 276.29 billion current US$ -65.2%
2006 2.29 trillion current US$ +729.2%
2007 366.24 billion current US$ -84.0%
2008 3.77 trillion current US$ +930.6%
2009 659.30 billion current US$ -82.5%
2010 2.45 trillion current US$ +271.7%
2011 4.05 trillion current US$ +65.4%
2012 4.06 trillion current US$ +0.1%
2013 81.16 billion current US$ -98.0%
2014 0 current US$ -100.0%
2015 150.18 billion current US$ —
2016 127.88 billion current US$ -14.9%
2017 402.85 billion current US$ +215.0%
2018 0 current US$ -100.0%
2019 829.83 billion current US$ —
2020 1.73 trillion current US$ +108.1%

Russia compared with similar countries

  • Russia's 1.73 trillion current US$ is above the median for high income countries, which is 402.13 million current US$, 4294.5× the median. (34 countries reporting)
  • Russia's 1.73 trillion current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 16257.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, oil in Russia 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
2001 +1046.2% 60.87 billion current US$ 697.77 billion current US$
2008 +930.6% 366.24 billion current US$ 3.77 trillion current US$
2006 +729.2% 276.29 billion current US$ 2.29 trillion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 372.12 billion current US$ 0 current US$ 573.46 billion current US$ 5
2000s 1.06 trillion current US$ 60.87 billion current US$ 3.77 trillion current US$ 10
2010s 1.22 trillion current US$ 0 current US$ 4.06 trillion current US$ 10
2020s 1.73 trillion current US$ 1.73 trillion current US$ 1.73 trillion current US$ 1

Countries ranked near Russia

  1. 2 Iraq 1.24 trillion current US$ compare
  2. 3 United States 955.29 billion current US$ compare
  3. 4 United Arab Emirates 786.07 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Russia

All data for Russia →

Frequently asked questions

What is nonrenewable natural capital, oil in Russia?
Nonrenewable natural capital, oil in Russia was 1.73 trillion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Russia?
The highest recorded value was 4.06 trillion current US$ in 2012.
What is the lowest nonrenewable natural capital, oil recorded in Russia?
The lowest recorded value was 0 current US$ in 1999.
How does Russia rank for nonrenewable natural capital, oil?
Russia ranks 1st out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Russia?
Over the last ten years it is down 29.5%. The long-run trend across the full record is volatile.
Where does this Russia 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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Nonrenewable natural capital, oil in Russia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-oil-current-us/russian-federation/

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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