Nonrenewable natural capital, oil in Serbia

Serbia: Nonrenewable natural capital, oil was 1.37 billion current US$ in 2020. ◆ Volatile

Latest (2020)
1.37 billion current US$
Change on year
up 26.8%
World rank
36th
of 86 countries
All-time high
6.26 billion current US$
in 2012
All-time low
1.08 billion current US$
in 2019
Years of data
14
2007–2020

Nonrenewable natural capital, oil in Serbia, 2007–2020

2.0B4.0B6.0B2007201320202007: 3.0B current US$2008: 4.6B current US$2009: 2.8B current US$2010: 4.0B current US$2011: 1.4B current US$2012: 6.3B current US$2013: 6.0B current US$2014: 5.3B current US$2015: 2.4B current US$2016: 1.7B current US$2017: 2.3B current US$2018: 3.2B current US$2019: 1.1B current US$2020: 1.4B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, oil in Serbia stood at 1.37 billion current US$.

The figure is up 26.8% on the previous year and down 66.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Serbia peaked at 6.26 billion current US$ in 2012 and was at its lowest, 1.08 billion current US$, in 2019.

Serbia ranks 36th 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.

Nonrenewable natural capital, oil in Serbia, year by year

Annual values for Nonrenewable natural capital, oil (current US$) in Serbia, 2007 to 2020.
Year current US$ Change
2007 2.95 billion current US$ —
2008 4.65 billion current US$ +57.4%
2009 2.75 billion current US$ -40.8%
2010 4.05 billion current US$ +47.2%
2011 1.36 billion current US$ -66.5%
2012 6.26 billion current US$ +361.0%
2013 6.04 billion current US$ -3.4%
2014 5.34 billion current US$ -11.6%
2015 2.38 billion current US$ -55.3%
2016 1.73 billion current US$ -27.6%
2017 2.25 billion current US$ +30.6%
2018 3.20 billion current US$ +42.0%
2019 1.08 billion current US$ -66.2%
2020 1.37 billion current US$ +26.8%

Serbia compared with similar countries

  • Serbia's 1.37 billion current US$ is above the median for upper middle income countries, which is 1.37 billion current US$, 1.0× the median. (29 countries reporting)
  • Serbia's 1.37 billion current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 12.9× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.45 billion current US$ 2.75 billion current US$ 4.65 billion current US$ 3
2010s 3.37 billion current US$ 1.08 billion current US$ 6.26 billion current US$ 10
2020s 1.37 billion current US$ 1.37 billion current US$ 1.37 billion current US$ 1

Countries ranked near Serbia

  1. 33 Papua New Guinea 2.59 billion current US$ compare
  2. 34 Romania 2.22 billion current US$ compare
  3. 35 Democratic Republic of Congo 2.00 billion current US$ compare
  4. 37 Niger 1.30 billion current US$ compare
  5. 38 Mongolia 1.13 billion current US$ compare
  6. 39 Japan 751.55 million current US$ compare

See the full ranking of 86 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is nonrenewable natural capital, oil in Serbia?
Nonrenewable natural capital, oil in Serbia was 1.37 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Serbia?
The highest recorded value was 6.26 billion current US$ in 2012.
What is the lowest nonrenewable natural capital, oil recorded in Serbia?
The lowest recorded value was 1.08 billion current US$ in 2019.
How does Serbia rank for nonrenewable natural capital, oil?
Serbia ranks 36th out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Serbia?
Over the last ten years it is down 66.1%. The long-run trend across the full record is volatile.
Where does this Serbia 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 Serbia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-oil-current-us/serbia/

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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