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
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$, in 1998.
That places United States 3rd out of 86 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 181.91 billion current US$ | — |
| 1996 | 254.15 billion current US$ | +39.7% |
| 1997 | 249.32 billion current US$ | -1.9% |
| 1998 | 111.57 billion current US$ | -55.2% |
| 1999 | 176.19 billion current US$ | +57.9% |
| 2000 | 348.42 billion current US$ | +97.8% |
| 2001 | 346.28 billion current US$ | -0.6% |
| 2002 | 293.91 billion current US$ | -15.1% |
| 2003 | 314.81 billion current US$ | +7.1% |
| 2004 | 614.60 billion current US$ | +95.2% |
| 2005 | 675.81 billion current US$ | +10.0% |
| 2006 | 513.44 billion current US$ | -24.0% |
| 2007 | 665.39 billion current US$ | +29.6% |
| 2008 | 1.17 trillion current US$ | +76.2% |
| 2009 | 574.12 billion current US$ | -51.0% |
| 2010 | 1.03 trillion current US$ | +80.3% |
| 2011 | 738.41 billion current US$ | -28.7% |
| 2012 | 1.69 trillion current US$ | +129.3% |
| 2013 | 1.50 trillion current US$ | -11.6% |
| 2014 | 1.79 trillion current US$ | +19.7% |
| 2015 | 775.72 billion current US$ | -56.7% |
| 2016 | 474.14 billion current US$ | -38.9% |
| 2017 | 723.82 billion current US$ | +52.7% |
| 2018 | 1.25 trillion current US$ | +72.6% |
| 2019 | 1.23 trillion current US$ | -1.6% |
| 2020 | 955.29 billion current US$ | -22.3% |
United States compared with similar countries
- United States's 955.29 billion current US$ is above the median for high income countries, which is 402.13 million current US$, 2375.6× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 194.63 billion current US$ | 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
More reference data data for United States
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 19.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 24.55 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 119.42 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 20.7 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 119.42 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 64.85 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 52.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 133.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 589.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 112.69 (2050)
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).