Nonrenewable natural capital, oil in Gabon
Gabon: Nonrenewable natural capital, oil was 30.34 billion real chained 2019 US$ in 2020. ▬ Flat
Nonrenewable natural capital, oil in Gabon, 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$.
Analysis
In 2020, nonrenewable natural capital, oil in Gabon stood at 30.34 billion real chained 2019 US$.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, nonrenewable natural capital, oil in Gabon peaked at 37.92 billion real chained 2019 US$ in 1998 and was at its lowest, 20.33 billion real chained 2019 US$, in 1995.
Gabon ranks 27th of 145 countries on this measure, in the top quarter.
Nonrenewable natural capital, oil in Gabon, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 20.33 billion real chained 2019 US$ | — |
| 1996 | 20.33 billion real chained 2019 US$ | +0.0% |
| 1997 | 20.33 billion real chained 2019 US$ | +0.0% |
| 1998 | 37.92 billion real chained 2019 US$ | +86.5% |
| 1999 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2000 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2001 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2002 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2003 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2004 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2005 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2006 | 37.92 billion real chained 2019 US$ | +0.0% |
| 2007 | 30.34 billion real chained 2019 US$ | -20.0% |
| 2008 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2009 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2010 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2011 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2012 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2013 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2014 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2015 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2016 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2017 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2018 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2019 | 30.34 billion real chained 2019 US$ | +0.0% |
| 2020 | 30.34 billion real chained 2019 US$ | +0.0% |
Gabon compared with similar countries
- Gabon's 30.34 billion real chained 2019 US$ is above the median for upper middle income countries, which is 614.38 million real chained 2019 US$, 49.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.36 billion real chained 2019 US$ | 20.33 billion real chained 2019 US$ | 37.92 billion real chained 2019 US$ | 5 |
| 2000s | 35.64 billion real chained 2019 US$ | 30.34 billion real chained 2019 US$ | 37.92 billion real chained 2019 US$ | 10 |
| 2010s | 30.34 billion real chained 2019 US$ | 30.34 billion real chained 2019 US$ | 30.34 billion real chained 2019 US$ | 10 |
| 2020s | 30.34 billion real chained 2019 US$ | 30.34 billion real chained 2019 US$ | 30.34 billion real chained 2019 US$ | 1 |
Countries ranked near Gabon
- 24 Australia 57.87 billion real chained 2019 US$ compare
- 25 Colombia 48.55 billion real chained 2019 US$ compare
- 26 Ecuador 47.25 billion real chained 2019 US$ compare
- 28 Guyana 24.64 billion real chained 2019 US$ compare
- 29 Chad 19.98 billion real chained 2019 US$ compare
- 30 Pakistan 15.01 billion real chained 2019 US$ compare
More reference data data for Gabon
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0319 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0505 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0931 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0031 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0931 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.107 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1347 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2352 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.5278 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0167 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Gabon?
- Nonrenewable natural capital, oil in Gabon was 30.34 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 Gabon?
- The highest recorded value was 37.92 billion real chained 2019 US$ in 1998.
- What is the lowest nonrenewable natural capital, oil recorded in Gabon?
- The lowest recorded value was 20.33 billion real chained 2019 US$ in 1995.
- How does Gabon rank for nonrenewable natural capital, oil?
- Gabon ranks 27th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Gabon?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Gabon 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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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.