Nonrenewable natural capital, oil in Canada

Canada: Nonrenewable natural capital, oil was 402.51 billion real chained 2019 US$ in 2020. ◆ Volatile

Latest (2020)
402.51 billion real chained 2019 US$
Change on year
up 1.5%
World rank
9th
of 144 countries
All-time high
426.58 billion real chained 2019 US$
in 2003
All-time low
11.15 billion real chained 2019 US$
in 2001
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Canada, 1995–2020

0100.0B200.0B300.0B400.0B1995200720201995: 11.9B real chained 2019 US$1996: 11.6B real chained 2019 US$1997: 11.6B real chained 2019 US$1998: 11.5B real chained 2019 US$1999: 11.7B real chained 2019 US$2000: 11.7B real chained 2019 US$2001: 11.2B real chained 2019 US$2002: 11.5B real chained 2019 US$2003: 426.6B real chained 2019 US$2004: 423.9B real chained 2019 US$2005: 423.7B real chained 2019 US$2006: 423.7B real chained 2019 US$2007: 424.7B real chained 2019 US$2008: 423.2B real chained 2019 US$2009: 422.0B real chained 2019 US$2010: 415.2B real chained 2019 US$2011: 415.2B real chained 2019 US$2012: 411.4B real chained 2019 US$2013: 410.2B real chained 2019 US$2014: 410.4B real chained 2019 US$2015: 408.7B real chained 2019 US$2016: 404.9B real chained 2019 US$2017: 402.1B real chained 2019 US$2018: 404.1B real chained 2019 US$2019: 396.7B real chained 2019 US$2020: 402.5B real chained 2019 US$

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

The most recent figure for nonrenewable natural capital, oil in Canada is 402.51 billion real chained 2019 US$, measured in 2020.

The figure is up 1.5% on the previous year and down 3.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Canada peaked at 426.58 billion real chained 2019 US$ in 2003 and was at its lowest, 11.15 billion real chained 2019 US$, in 2001.

That places Canada 9th out of 144 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 11.66 billion real chained 2019 US$ 11.47 billion real chained 2019 US$ 11.94 billion real chained 2019 US$ 5
2000s 300.21 billion real chained 2019 US$ 11.15 billion real chained 2019 US$ 426.58 billion real chained 2019 US$ 10
2010s 407.90 billion real chained 2019 US$ 396.68 billion real chained 2019 US$ 415.19 billion real chained 2019 US$ 10
2020s 402.51 billion real chained 2019 US$ 402.51 billion real chained 2019 US$ 402.51 billion real chained 2019 US$ 1

Countries ranked near Canada

  1. 6 Nigeria 606.62 billion real chained 2019 US$ compare
  2. 7 China 591.02 billion real chained 2019 US$ compare
  3. 8 Qatar 551.90 billion real chained 2019 US$ compare
  4. 10 Kazakhstan 375.92 billion real chained 2019 US$ compare
  5. 11 Norway 303.03 billion real chained 2019 US$ compare
  6. 12 Angola 191.65 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is nonrenewable natural capital, oil in Canada?
Nonrenewable natural capital, oil in Canada was 402.51 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 Canada?
The highest recorded value was 426.58 billion real chained 2019 US$ in 2003.
What is the lowest nonrenewable natural capital, oil recorded in Canada?
The lowest recorded value was 11.15 billion real chained 2019 US$ in 2001.
How does Canada rank for nonrenewable natural capital, oil?
Canada ranks 9th out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Canada?
Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
Where does this Canada 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.

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 (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.