Nonrenewable natural capital, oil in Colombia

Colombia: Nonrenewable natural capital, oil was 48.55 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
48.55 billion real chained 2019 US$
Change on year
up 3.9%
World rank
25th
of 144 countries
All-time high
70.39 billion real chained 2019 US$
in 1995
All-time low
32.43 billion real chained 2019 US$
in 2009
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Colombia, 1995–2020

020.0B40.0B60.0B80.0B1995200720201995: 70.4B real chained 2019 US$1996: 66.7B real chained 2019 US$1997: 61.5B real chained 2019 US$1998: 59.1B real chained 2019 US$1999: 54.6B real chained 2019 US$2000: 47.0B real chained 2019 US$2001: 43.9B real chained 2019 US$2002: 38.9B real chained 2019 US$2003: 36.8B real chained 2019 US$2004: 35.2B real chained 2019 US$2005: 34.7B real chained 2019 US$2006: 36.0B real chained 2019 US$2007: 36.0B real chained 2019 US$2008: 32.5B real chained 2019 US$2009: 32.4B real chained 2019 US$2010: 45.3B real chained 2019 US$2011: 47.4B real chained 2019 US$2012: 52.5B real chained 2019 US$2013: 56.7B real chained 2019 US$2014: 58.3B real chained 2019 US$2015: 55.0B real chained 2019 US$2016: 47.7B real chained 2019 US$2017: 39.7B real chained 2019 US$2018: 42.5B real chained 2019 US$2019: 46.7B real chained 2019 US$2020: 48.6B real chained 2019 US$

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

Colombia recorded 48.55 billion real chained 2019 US$ for nonrenewable natural capital, oil in 2020.

Compared with earlier readings it is up 3.9% on the previous year and up 7.2% over ten years.

Over the whole period, nonrenewable natural capital, oil in Colombia peaked at 70.39 billion real chained 2019 US$ in 1995 and was at its lowest, 32.43 billion real chained 2019 US$, in 2009.

Colombia ranks 25th of 144 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 62.45 billion real chained 2019 US$ 54.59 billion real chained 2019 US$ 70.39 billion real chained 2019 US$ 5
2000s 37.35 billion real chained 2019 US$ 32.43 billion real chained 2019 US$ 47.02 billion real chained 2019 US$ 10
2010s 49.19 billion real chained 2019 US$ 39.72 billion real chained 2019 US$ 58.31 billion real chained 2019 US$ 10
2020s 48.55 billion real chained 2019 US$ 48.55 billion real chained 2019 US$ 48.55 billion real chained 2019 US$ 1

Countries ranked near Colombia

  1. 22 Congo 68.27 billion real chained 2019 US$ compare
  2. 23 United Kingdom 63.06 billion real chained 2019 US$ compare
  3. 24 Australia 57.87 billion real chained 2019 US$ compare
  4. 26 Ecuador 47.25 billion real chained 2019 US$ compare
  5. 27 Gabon 30.34 billion real chained 2019 US$ compare
  6. 28 Guyana 24.64 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is nonrenewable natural capital, oil in Colombia?
Nonrenewable natural capital, oil in Colombia was 48.55 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 Colombia?
The highest recorded value was 70.39 billion real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital, oil recorded in Colombia?
The lowest recorded value was 32.43 billion real chained 2019 US$ in 2009.
How does Colombia rank for nonrenewable natural capital, oil?
Colombia ranks 25th out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Colombia?
Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
Where does this Colombia 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.