Nonrenewable natural capital, oil in Estonia
Estonia: Nonrenewable natural capital, oil was 5.71 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, oil in Estonia, 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$.
Analysis
In 2020, nonrenewable natural capital, oil in Estonia stood at 5.71 billion real chained 2019 US$. That is the lowest value across all 26 years on record.
The figure is down 4.3% on the previous year and down 22.9% over ten years.
Over the whole period, nonrenewable natural capital, oil in Estonia peaked at 9.46 billion real chained 2019 US$ in 1995 and was at its lowest, 5.71 billion real chained 2019 US$, in 2020.
Estonia ranks 36th of 144 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.13 billion real chained 2019 US$ | 8.82 billion real chained 2019 US$ | 9.46 billion real chained 2019 US$ | 5 |
| 2000s | 8.20 billion real chained 2019 US$ | 7.59 billion real chained 2019 US$ | 8.68 billion real chained 2019 US$ | 10 |
| 2010s | 6.83 billion real chained 2019 US$ | 5.97 billion real chained 2019 US$ | 7.41 billion real chained 2019 US$ | 10 |
| 2020s | 5.71 billion real chained 2019 US$ | 5.71 billion real chained 2019 US$ | 5.71 billion real chained 2019 US$ | 1 |
Countries ranked near Estonia
- 33 Denmark 9.63 billion real chained 2019 US$ compare
- 34 Thailand 7.93 billion real chained 2019 US$ compare
- 35 Italy 6.96 billion real chained 2019 US$ compare
- 37 Democratic Republic of Congo 5.01 billion real chained 2019 US$ compare
- 38 Trinidad and Tobago 3.93 billion real chained 2019 US$ compare
- 39 Tunisia 3.91 billion real chained 2019 US$ compare
More reference data data for Estonia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0827 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0328 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2652 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0363 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2652 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2774 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.193 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1743 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.31 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1975 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Estonia?
- Nonrenewable natural capital, oil in Estonia was 5.71 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 Estonia?
- The highest recorded value was 9.46 billion real chained 2019 US$ in 1995.
- What is the lowest nonrenewable natural capital, oil recorded in Estonia?
- The lowest recorded value was 5.71 billion real chained 2019 US$ in 2020.
- How does Estonia rank for nonrenewable natural capital, oil?
- Estonia ranks 36th out of 144 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Estonia?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is falling.
- Where does this Estonia 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
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.