Nonrenewable natural capital, oil (real chained 2019 US$) by country

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable...

Countries reporting
79
Highest
2.51 trillion real chained 2019 US$
Iraq
Lowest
5.34 million real chained 2019 US$
Madagascar
Median
3.75 billion real chained 2019 US$
Years covered
26
1995–2020
Data points
3,729

What the numbers show

Nonrenewable natural capital, oil (real chained 2019 US$) is currently reported for 79 countries. The highest value is 2.51 trillion real chained 2019 US$ in Iraq; the lowest is 5.34 million real chained 2019 US$ in Madagascar.

The median across all reporting countries is 3.75 billion real chained 2019 US$, and the mean is 154.09 billion real chained 2019 US$.

Over the past decade 16 countries rose and 38 fell. The largest increase was in Vietnam (up 633.3%), and the largest decrease in Trinidad and Tobago (down 66.6%).

Nonrenewable natural capital, oil: full country ranking

#Country LatestYear 10-year changeTrend
1 Iraq 2.51 trillion real chained 2019 US$ 2020 up 26.1% rising
2 United Arab Emirates 1.61 trillion real chained 2019 US$ 2020 unchanged flat
3 Iran 1.40 trillion real chained 2019 US$ 2020 up 13.1% rising
4 United States 1.23 trillion real chained 2019 US$ 2020 up 111.1% rising
5 Russia 829.83 billion real chained 2019 US$ 2020 up 1.9% falling
6 Nigeria 606.62 billion real chained 2019 US$ 2020 down 0.8% rising
7 China 591.02 billion real chained 2019 US$ 2020 up 11.6% rising
8 Qatar 551.90 billion real chained 2019 US$ 2020 down 0.7% volatile
9 Canada 402.51 billion real chained 2019 US$ 2020 down 3.1% volatile
10 Kazakhstan 375.92 billion real chained 2019 US$ 2020 unchanged volatile
11 Norway 303.03 billion real chained 2019 US$ 2020 up 16.1% falling
12 Angola 191.65 billion real chained 2019 US$ 2020 down 14.0% rising
13 Azerbaijan 182.21 billion real chained 2019 US$ 2020 unchanged rising
14 Oman 181.44 billion real chained 2019 US$ 2020 down 2.3% flat
15 India 152.60 billion real chained 2019 US$ 2020 down 21.4% flat
16 Brazil 117.52 billion real chained 2019 US$ 2020 down 16.3% rising
17 Mexico 115.86 billion real chained 2019 US$ 2020 down 41.8% volatile
18 Egypt 115.80 billion real chained 2019 US$ 2020 down 10.8% rising
19 Vietnam 74.12 billion real chained 2019 US$ 2020 up 633.3% volatile
20 Indonesia 72.20 billion real chained 2019 US$ 2020 down 42.3% falling
21 Malaysia 72.02 billion real chained 2019 US$ 2020 down 23.5% rising
22 Congo 68.27 billion real chained 2019 US$ 2020 up 44.1% rising
23 United Kingdom 63.06 billion real chained 2019 US$ 2020 down 12.5% falling
24 Australia 57.87 billion real chained 2019 US$ 2020 down 26.3% falling
25 Colombia 48.55 billion real chained 2019 US$ 2020 up 7.2% falling
26 Ecuador 47.25 billion real chained 2019 US$ 2020 down 37.0% falling
27 Gabon 30.34 billion real chained 2019 US$ 2020 unchanged flat
28 Guyana 24.64 billion real chained 2019 US$ 2020 down 0.0% flat
29 Chad 19.98 billion real chained 2019 US$ 2020 unchanged rising
30 Pakistan 15.01 billion real chained 2019 US$ 2020 up 81.6% rising
31 Ukraine 13.90 billion real chained 2019 US$ 2020 unchanged flat
32 Romania 10.59 billion real chained 2019 US$ 2020 unchanged falling
33 Denmark 9.63 billion real chained 2019 US$ 2020 down 52.4% falling
34 Thailand 7.93 billion real chained 2019 US$ 2020 down 42.8% falling
35 Italy 6.96 billion real chained 2019 US$ 2020 up 4.2% falling
36 Estonia 5.71 billion real chained 2019 US$ 2020 down 22.9% falling
37 Democratic Republic of Congo 5.01 billion real chained 2019 US$ 2020 down 32.1% falling
38 Trinidad and Tobago 3.93 billion real chained 2019 US$ 2020 down 66.6% falling
39 Tunisia 3.91 billion real chained 2019 US$ 2020 unchanged rising
40 Mongolia 3.75 billion real chained 2019 US$ 2020 down 30.4% falling
41 Cameroon 3.39 billion real chained 2019 US$ 2020 unchanged falling
42 Belarus 3.30 billion real chained 2019 US$ 2020 unchanged flat
43 Papua New Guinea 3.28 billion real chained 2019 US$ 2020 up 79.7% falling
44 Niger 3.10 billion real chained 2019 US$ 2020 down 5.2% falling
45 Bolivia 3.04 billion real chained 2019 US$ 2020 down 48.2% rising
46 Bahrain 2.82 billion real chained 2019 US$ 2020 down 24.1% falling
47 Croatia 2.23 billion real chained 2019 US$ 2020 down 3.2% falling
48 Netherlands 2.13 billion real chained 2019 US$ 2020 up 14.5% rising
49 Chile 1.93 billion real chained 2019 US$ 2020 unchanged falling
50 Germany 1.83 billion real chained 2019 US$ 2020 down 63.0% falling
51 Poland 1.56 billion real chained 2019 US$ 2020 up 23.5% rising
52 Peru 1.48 billion real chained 2019 US$ 2020 down 39.8% rising
53 Suriname 1.37 billion real chained 2019 US$ 2020 down 6.5% flat
54 Austria 1.27 billion real chained 2019 US$ 2020 down 26.0% falling
55 Cote d'Ivoire 1.20 billion real chained 2019 US$ 2020 down 33.9% falling
56 France 1.16 billion real chained 2019 US$ 2020 down 44.8% falling
57 Kenya 1.11 billion real chained 2019 US$ 2020 down 11.8% flat
58 Serbia 1.08 billion real chained 2019 US$ 2020 unchanged flat
59 Japan 1.06 billion real chained 2019 US$ 2020 unchanged falling
60 Bangladesh 757.12 million real chained 2019 US$ 2020 unchanged volatile
61 Albania 643.57 million real chained 2019 US$ 2020 down 24.7% flat
62 Guatemala 585.20 million real chained 2019 US$ 2020 up 7.6% volatile
63 Czechia 354.16 million real chained 2019 US$ 2020 unchanged rising
64 Turkey 329.15 million real chained 2019 US$ 2020 up 39.6% falling
65 Philippines 279.60 million real chained 2019 US$ 2020 unchanged falling
66 Kyrgyzstan 229.13 million real chained 2019 US$ 2020 unchanged flat
67 New Zealand 202.63 million real chained 2019 US$ 2020 down 27.8% falling
68 Jordan 156.76 million real chained 2019 US$ 2020 unchanged rising
69 Sudan 143.41 million real chained 2019 US$ 2020 unchanged flat
70 Greece 136.23 million real chained 2019 US$ 2020 unchanged volatile
71 Lithuania 132.83 million real chained 2019 US$ 2020 unchanged flat
72 Bulgaria 109.92 million real chained 2019 US$ 2020 unchanged flat
73 South Africa 107.69 million real chained 2019 US$ 2020 unchanged falling
74 Tajikistan 95.95 million real chained 2019 US$ 2020 unchanged flat
75 South Korea 71.12 million real chained 2019 US$ 2020 down 42.6% falling
76 Hungary 67.40 million real chained 2019 US$ 2020 down 31.1% volatile
77 Morocco 23.59 million real chained 2019 US$ 2020 down 9.0% falling
78 Slovakia 11.04 million real chained 2019 US$ 2020 unchanged flat
79 Madagascar 5.34 million real chained 2019 US$ 2020 down 42.1% falling

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Nonrenewable natural capital, oil by country. Statizoid, drawing on World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-oil-real-chained-2019-us/

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About this data

Indicator
Nonrenewable natural capital, oil (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 3,729 data points, 1995–2020
Last refreshed

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.