Nonrenewable natural capital, oil in Canada
Canada: Nonrenewable natural capital, oil was 402.51 billion real chained 2019 US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Canada, 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$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Canada is 402.51 billion real chained 2019 US$, 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$, in 2001.
That places Canada 9th out of 145 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Canada, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 11.94 billion real chained 2019 US$ | — |
| 1996 | 11.61 billion real chained 2019 US$ | -2.8% |
| 1997 | 11.60 billion real chained 2019 US$ | -0.1% |
| 1998 | 11.47 billion real chained 2019 US$ | -1.1% |
| 1999 | 11.68 billion real chained 2019 US$ | +1.9% |
| 2000 | 11.68 billion real chained 2019 US$ | +0.0% |
| 2001 | 11.15 billion real chained 2019 US$ | -4.6% |
| 2002 | 11.51 billion real chained 2019 US$ | +3.2% |
| 2003 | 426.58 billion real chained 2019 US$ | +3605.7% |
| 2004 | 423.91 billion real chained 2019 US$ | -0.6% |
| 2005 | 423.69 billion real chained 2019 US$ | -0.1% |
| 2006 | 423.67 billion real chained 2019 US$ | -0.0% |
| 2007 | 424.66 billion real chained 2019 US$ | +0.2% |
| 2008 | 423.20 billion real chained 2019 US$ | -0.3% |
| 2009 | 422.01 billion real chained 2019 US$ | -0.3% |
| 2010 | 415.19 billion real chained 2019 US$ | -1.6% |
| 2011 | 415.19 billion real chained 2019 US$ | +0.0% |
| 2012 | 411.43 billion real chained 2019 US$ | -0.9% |
| 2013 | 410.20 billion real chained 2019 US$ | -0.3% |
| 2014 | 410.42 billion real chained 2019 US$ | +0.1% |
| 2015 | 408.72 billion real chained 2019 US$ | -0.4% |
| 2016 | 404.88 billion real chained 2019 US$ | -0.9% |
| 2017 | 402.15 billion real chained 2019 US$ | -0.7% |
| 2018 | 404.12 billion real chained 2019 US$ | +0.5% |
| 2019 | 396.68 billion real chained 2019 US$ | -1.8% |
| 2020 | 402.51 billion real chained 2019 US$ | +1.5% |
Canada compared with similar countries
- Canada's 402.51 billion real chained 2019 US$ is above the median for high income countries, which is 354.16 million real chained 2019 US$, 1136.5× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +3605.7% | 11.51 billion real chained 2019 US$ | 426.58 billion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 6 Nigeria 606.62 billion real chained 2019 US$ compare
- 7 China 591.02 billion real chained 2019 US$ compare
- 8 Qatar 551.90 billion real chained 2019 US$ compare
- 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
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
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 145 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
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.