Nonrenewable natural capital, oil in United States

United States: Nonrenewable natural capital, oil was 955.29 billion current US$ in 2020. ◆ Volatile

Latest (2020)
955.29 billion current US$
Change on year
down 22.3%
World rank
3rd
of 86 countries
All-time high
1.79 trillion current US$
in 2014
All-time low
111.57 billion current US$
in 1998
Years of data
26
1995–2020

Nonrenewable natural capital, oil in United States, 1995–2020

0500.0B1.0T1.5T2.0T1995200720201995: 181.9B current US$1996: 254.1B current US$1997: 249.3B current US$1998: 111.6B current US$1999: 176.2B current US$2000: 348.4B current US$2001: 346.3B current US$2002: 293.9B current US$2003: 314.8B current US$2004: 614.6B current US$2005: 675.8B current US$2006: 513.4B current US$2007: 665.4B current US$2008: 1.2T current US$2009: 574.1B current US$2010: 1.0T current US$2011: 738.4B current US$2012: 1.7T current US$2013: 1.5T current US$2014: 1.8T current US$2015: 775.7B current US$2016: 474.1B current US$2017: 723.8B current US$2018: 1.2T current US$2019: 1.2T current US$2020: 955.3B current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital, oil in United States is 955.29 billion current US$, measured in 2020.

Compared with earlier readings it is down 22.3% on the previous year and down 7.7% over ten years.

Over the whole period, nonrenewable natural capital, oil in United States peaked at 1.79 trillion current US$ in 2014 and was at its lowest, 111.57 billion current US$, in 1998.

That places United States 3rd 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 194.63 billion current US$ 111.57 billion current US$ 254.15 billion current US$ 5
2000s 551.93 billion current US$ 293.91 billion current US$ 1.17 trillion current US$ 10
2010s 1.12 trillion current US$ 474.14 billion current US$ 1.79 trillion current US$ 10
2020s 955.29 billion current US$ 955.29 billion current US$ 955.29 billion current US$ 1

Countries ranked near United States

  1. 1 Russia 1.73 trillion current US$ compare
  2. 2 Iraq 1.24 trillion current US$ compare
  3. 4 United Arab Emirates 786.07 billion current US$ compare
  4. 5 Iran 736.33 billion current US$ compare
  5. 6 Qatar 334.30 billion current US$ compare

See the full ranking of 86 places →

More reference data data for United States

All data for United States →

Frequently asked questions

What is nonrenewable natural capital, oil in United States?
Nonrenewable natural capital, oil in United States was 955.29 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in United States?
The highest recorded value was 1.79 trillion current US$ in 2014.
What is the lowest nonrenewable natural capital, oil recorded in United States?
The lowest recorded value was 111.57 billion current US$ in 1998.
How does United States rank for nonrenewable natural capital, oil?
United States ranks 3rd out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in United States?
Over the last ten years it is down 7.7%. The long-run trend across the full record is volatile.
Where does this United States 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).

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