Nonrenewable natural capital, oil (current US$) in Trinidad and Tobago
Trinidad and Tobago: Nonrenewable natural capital, oil (current US$) was 409.36 million current US$ in 2020. ◆ Volatile
Latest (2020)
409.36 million current US$
Change on year
down 89.6%
World rank
44th
of 86 countries
All-time high
27.43 billion current US$
in 2006
All-time low
409.36 million current US$
in 2020
Years of data
26
1995–2020
Nonrenewable natural capital, oil in Trinidad and Tobago, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
Trinidad and Tobago recorded 409.36 million current US$ for nonrenewable natural capital, oil in 2020. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 89.6% on the previous year and down 97.4% over ten years.
Over the whole period, nonrenewable natural capital, oil in Trinidad and Tobago peaked at 27.43 billion current US$ in 2006 and was at its lowest, 409.36 million current US$, in 2020.
That places Trinidad and Tobago 44th out of 86 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil (current US$) in Trinidad and Tobago, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.13 billion current US$ | — |
| 1996 | 3.03 billion current US$ | +42.1% |
| 1997 | 2.88 billion current US$ | -4.8% |
| 1998 | 1.48 billion current US$ | -48.7% |
| 1999 | 2.23 billion current US$ | +50.8% |
| 2000 | 4.79 billion current US$ | +114.9% |
| 2001 | 3.07 billion current US$ | -36.0% |
| 2002 | 4.28 billion current US$ | +39.5% |
| 2003 | 4.85 billion current US$ | +13.3% |
| 2004 | 10.28 billion current US$ | +111.9% |
| 2005 | 22.08 billion current US$ | +114.8% |
| 2006 | 27.43 billion current US$ | +24.2% |
| 2007 | 15.64 billion current US$ | -43.0% |
| 2008 | 17.93 billion current US$ | +14.7% |
| 2009 | 14.62 billion current US$ | -18.5% |
| 2010 | 15.64 billion current US$ | +7.0% |
| 2011 | 14.30 billion current US$ | -8.5% |
| 2012 | 21.11 billion current US$ | +47.6% |
| 2013 | 15.48 billion current US$ | -26.7% |
| 2014 | 21.92 billion current US$ | +41.6% |
| 2015 | 2.71 billion current US$ | -87.6% |
| 2016 | 9.84 billion current US$ | +263.4% |
| 2017 | 3.46 billion current US$ | -64.9% |
| 2018 | 4.91 billion current US$ | +42.1% |
| 2019 | 3.93 billion current US$ | -20.0% |
| 2020 | 409.36 million current US$ | -89.6% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 409.36 million current US$ is above the median for high income countries, which is 402.13 million current US$, 1.0× the median. (34 countries reporting)
- Trinidad and Tobago's 409.36 million current US$ is above the median for Latin America & Caribbean, which is 290.27 million current US$, 1.4× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.35 billion current US$ | 1.48 billion current US$ | 3.03 billion current US$ | 5 |
| 2000s | 12.50 billion current US$ | 3.07 billion current US$ | 27.43 billion current US$ | 10 |
| 2010s | 11.33 billion current US$ | 2.71 billion current US$ | 21.92 billion current US$ | 10 |
| 2020s | 409.36 million current US$ | 409.36 million current US$ | 409.36 million current US$ | 1 |
Countries ranked near Trinidad and Tobago
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Trinidad and Tobago?
- Nonrenewable natural capital, oil in Trinidad and Tobago was 409.36 million current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Trinidad and Tobago?
- The highest recorded value was 27.43 billion current US$ in 2006.
- What is the lowest nonrenewable natural capital, oil recorded in Trinidad and Tobago?
- The lowest recorded value was 409.36 million current US$ in 2020.
- How does Trinidad and Tobago rank for nonrenewable natural capital, oil?
- Trinidad and Tobago ranks 44th out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 97.4%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago 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).