Nonrenewable natural capital, oil in Azerbaijan
Azerbaijan: Nonrenewable natural capital, oil was 182.21 billion real chained 2019 US$ in 2020. ▲ Rising
Nonrenewable natural capital, oil in Azerbaijan, 1995–2020
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. Measured in real chained 2019 US$.
Analysis
In 2020, nonrenewable natural capital, oil in Azerbaijan stood at 182.21 billion real chained 2019 US$. That is the highest value across all 26 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, nonrenewable natural capital, oil in Azerbaijan peaked at 182.21 billion real chained 2019 US$ in 2002 and was at its lowest, 30.12 billion real chained 2019 US$, in 1995.
Azerbaijan ranks 13th of 145 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Nonrenewable natural capital, oil in Azerbaijan, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 30.12 billion real chained 2019 US$ | — |
| 1996 | 30.12 billion real chained 2019 US$ | +0.0% |
| 1997 | 30.12 billion real chained 2019 US$ | +0.0% |
| 1998 | 30.12 billion real chained 2019 US$ | +0.0% |
| 1999 | 30.66 billion real chained 2019 US$ | +1.8% |
| 2000 | 30.66 billion real chained 2019 US$ | +0.0% |
| 2001 | 30.66 billion real chained 2019 US$ | +0.0% |
| 2002 | 182.21 billion real chained 2019 US$ | +494.2% |
| 2003 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2004 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2005 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2006 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2007 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2008 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2009 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2010 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2011 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2012 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2013 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2014 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2015 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2016 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2017 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2018 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2019 | 182.21 billion real chained 2019 US$ | +0.0% |
| 2020 | 182.21 billion real chained 2019 US$ | +0.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 182.21 billion real chained 2019 US$ is above the median for upper middle income countries, which is 614.38 million real chained 2019 US$, 296.6× the median. (42 countries reporting)
- Azerbaijan's 182.21 billion real chained 2019 US$ is above the median for Europe & Central Asia, which is 279.14 million real chained 2019 US$, 652.7× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.23 billion real chained 2019 US$ | 30.12 billion real chained 2019 US$ | 30.66 billion real chained 2019 US$ | 5 |
| 2000s | 151.90 billion real chained 2019 US$ | 30.66 billion real chained 2019 US$ | 182.21 billion real chained 2019 US$ | 10 |
| 2010s | 182.21 billion real chained 2019 US$ | 182.21 billion real chained 2019 US$ | 182.21 billion real chained 2019 US$ | 10 |
| 2020s | 182.21 billion real chained 2019 US$ | 182.21 billion real chained 2019 US$ | 182.21 billion real chained 2019 US$ | 1 |
Countries ranked near Azerbaijan
- 10 Kazakhstan 375.92 billion real chained 2019 US$ compare
- 11 Norway 303.03 billion real chained 2019 US$ compare
- 12 Angola 191.65 billion real chained 2019 US$ compare
- 14 Oman 181.44 billion real chained 2019 US$ compare
- 15 India 152.60 billion real chained 2019 US$ compare
- 16 Brazil 117.52 billion real chained 2019 US$ compare
More reference data data for Azerbaijan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1322 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.94 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.34 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4434 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1605 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.11 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5787 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Azerbaijan?
- Nonrenewable natural capital, oil in Azerbaijan was 182.21 billion real chained 2019 US$ in 2020, according to 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.
- What is the highest nonrenewable natural capital, oil recorded in Azerbaijan?
- The highest recorded value was 182.21 billion real chained 2019 US$ in 2002.
- What is the lowest nonrenewable natural capital, oil recorded in Azerbaijan?
- The lowest recorded value was 30.12 billion real chained 2019 US$ in 1995.
- How does Azerbaijan rank for nonrenewable natural capital, oil?
- Azerbaijan ranks 13th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Azerbaijan?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from 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, published as part of Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.