Nonrenewable natural capital, oil in Azerbaijan

Azerbaijan: Nonrenewable natural capital, oil was 182.21 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
182.21 billion real chained 2019 US$
Change on year
unchanged
World rank
13th
of 144 countries
All-time high
182.21 billion real chained 2019 US$
in 2002
All-time low
30.12 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Azerbaijan, 1995–2020

50.0B100.0B150.0B200.0B1995200720201995: 30.1B real chained 2019 US$1996: 30.1B real chained 2019 US$1997: 30.1B real chained 2019 US$1998: 30.1B real chained 2019 US$1999: 30.7B real chained 2019 US$2000: 30.7B real chained 2019 US$2001: 30.7B real chained 2019 US$2002: 182.2B real chained 2019 US$2003: 182.2B real chained 2019 US$2004: 182.2B real chained 2019 US$2005: 182.2B real chained 2019 US$2006: 182.2B real chained 2019 US$2007: 182.2B real chained 2019 US$2008: 182.2B real chained 2019 US$2009: 182.2B real chained 2019 US$2010: 182.2B real chained 2019 US$2011: 182.2B real chained 2019 US$2012: 182.2B real chained 2019 US$2013: 182.2B real chained 2019 US$2014: 182.2B real chained 2019 US$2015: 182.2B real chained 2019 US$2016: 182.2B real chained 2019 US$2017: 182.2B real chained 2019 US$2018: 182.2B real chained 2019 US$2019: 182.2B real chained 2019 US$2020: 182.2B real chained 2019 US$

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. 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 144 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 Kazakhstan 375.92 billion real chained 2019 US$ compare
  2. 11 Norway 303.03 billion real chained 2019 US$ compare
  3. 12 Angola 191.65 billion real chained 2019 US$ compare
  4. 14 Oman 181.44 billion real chained 2019 US$ compare
  5. 15 India 152.60 billion real chained 2019 US$ compare
  6. 16 Brazil 117.52 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

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 144 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

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.