Nonrenewable natural capital, oil in Congo

Congo: Nonrenewable natural capital, oil was 68.27 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
68.27 billion real chained 2019 US$
Change on year
unchanged
World rank
22nd
of 144 countries
All-time high
70.64 billion real chained 2019 US$
in 2015
All-time low
31.97 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Congo, 1995–2020

020.0B40.0B60.0B80.0B1995200720201995: 32.0B real chained 2019 US$1996: 37.9B real chained 2019 US$1997: 38.3B real chained 2019 US$1998: 40.3B real chained 2019 US$1999: 40.3B real chained 2019 US$2000: 35.7B real chained 2019 US$2001: 35.7B real chained 2019 US$2002: 35.9B real chained 2019 US$2003: 42.3B real chained 2019 US$2004: 42.3B real chained 2019 US$2005: 45.1B real chained 2019 US$2006: 46.0B real chained 2019 US$2007: 46.0B real chained 2019 US$2008: 46.0B real chained 2019 US$2009: 47.4B real chained 2019 US$2010: 47.4B real chained 2019 US$2011: 47.4B real chained 2019 US$2012: 47.4B real chained 2019 US$2013: 63.3B real chained 2019 US$2014: 67.9B real chained 2019 US$2015: 70.6B real chained 2019 US$2016: 70.6B real chained 2019 US$2017: 70.6B real chained 2019 US$2018: 70.6B real chained 2019 US$2019: 68.3B real chained 2019 US$2020: 68.3B real chained 2019 US$

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 Congo stood at 68.27 billion real chained 2019 US$.

That represents a change of up 44.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Congo peaked at 70.64 billion real chained 2019 US$ in 2015 and was at its lowest, 31.97 billion real chained 2019 US$, in 1995.

Congo ranks 22nd of 144 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 37.73 billion real chained 2019 US$ 31.97 billion real chained 2019 US$ 40.27 billion real chained 2019 US$ 5
2000s 42.21 billion real chained 2019 US$ 35.67 billion real chained 2019 US$ 47.38 billion real chained 2019 US$ 10
2010s 62.42 billion real chained 2019 US$ 47.38 billion real chained 2019 US$ 70.64 billion real chained 2019 US$ 10
2020s 68.27 billion real chained 2019 US$ 68.27 billion real chained 2019 US$ 68.27 billion real chained 2019 US$ 1

Countries ranked near Congo

  1. 19 Vietnam 74.12 billion real chained 2019 US$ compare
  2. 20 Indonesia 72.20 billion real chained 2019 US$ compare
  3. 21 Malaysia 72.02 billion real chained 2019 US$ compare
  4. 23 United Kingdom 63.06 billion real chained 2019 US$ compare
  5. 24 Australia 57.87 billion real chained 2019 US$ compare
  6. 25 Colombia 48.55 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Congo

All data for Congo →

Frequently asked questions

What is nonrenewable natural capital, oil in Congo?
Nonrenewable natural capital, oil in Congo was 68.27 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 Congo?
The highest recorded value was 70.64 billion real chained 2019 US$ in 2015.
What is the lowest nonrenewable natural capital, oil recorded in Congo?
The lowest recorded value was 31.97 billion real chained 2019 US$ in 1995.
How does Congo rank for nonrenewable natural capital, oil?
Congo ranks 22nd out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Congo?
Over the last ten years it is up 44.1%. The long-run trend across the full record is rising.
Where does this Congo 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.