Nonrenewable natural capital, oil in Germany

Germany: Nonrenewable natural capital, oil was 1.83 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
1.83 billion real chained 2019 US$
Change on year
down 9.6%
World rank
50th
of 144 countries
All-time high
7.90 billion real chained 2019 US$
in 2004
All-time low
1.83 billion real chained 2019 US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Germany, 1995–2020

2.0B4.0B6.0B8.0B1995200720201995: 6.6B real chained 2019 US$1996: 6.1B real chained 2019 US$1997: 6.9B real chained 2019 US$1998: 7.3B real chained 2019 US$1999: 6.9B real chained 2019 US$2000: 6.4B real chained 2019 US$2001: 6.8B real chained 2019 US$2002: 6.5B real chained 2019 US$2003: 6.1B real chained 2019 US$2004: 7.9B real chained 2019 US$2005: 7.1B real chained 2019 US$2006: 6.6B real chained 2019 US$2007: 6.6B real chained 2019 US$2008: 6.6B real chained 2019 US$2009: 4.9B real chained 2019 US$2010: 4.9B real chained 2019 US$2011: 4.9B real chained 2019 US$2012: 4.9B real chained 2019 US$2013: 4.5B real chained 2019 US$2014: 4.2B real chained 2019 US$2015: 2.6B real chained 2019 US$2016: 2.4B real chained 2019 US$2017: 2.6B real chained 2019 US$2018: 2.3B real chained 2019 US$2019: 2.0B real chained 2019 US$2020: 1.8B real chained 2019 US$

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

The most recent figure for nonrenewable natural capital, oil in Germany is 1.83 billion real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.

The figure is down 9.6% on the previous year and down 63.0% over ten years.

Over the whole period, nonrenewable natural capital, oil in Germany peaked at 7.90 billion real chained 2019 US$ in 2004 and was at its lowest, 1.83 billion real chained 2019 US$, in 2020.

Germany ranks 50th of 144 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.76 billion real chained 2019 US$ 6.06 billion real chained 2019 US$ 7.34 billion real chained 2019 US$ 5
2000s 6.54 billion real chained 2019 US$ 4.94 billion real chained 2019 US$ 7.90 billion real chained 2019 US$ 10
2010s 3.54 billion real chained 2019 US$ 2.02 billion real chained 2019 US$ 4.94 billion real chained 2019 US$ 10
2020s 1.83 billion real chained 2019 US$ 1.83 billion real chained 2019 US$ 1.83 billion real chained 2019 US$ 1

Countries ranked near Germany

  1. 47 Croatia 2.23 billion real chained 2019 US$ compare
  2. 48 Netherlands 2.13 billion real chained 2019 US$ compare
  3. 49 Chile 1.93 billion real chained 2019 US$ compare
  4. 51 Poland 1.56 billion real chained 2019 US$ compare
  5. 52 Peru 1.48 billion real chained 2019 US$ compare
  6. 53 Suriname 1.37 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Germany

All data for Germany →

Frequently asked questions

What is nonrenewable natural capital, oil in Germany?
Nonrenewable natural capital, oil in Germany was 1.83 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 Germany?
The highest recorded value was 7.90 billion real chained 2019 US$ in 2004.
What is the lowest nonrenewable natural capital, oil recorded in Germany?
The lowest recorded value was 1.83 billion real chained 2019 US$ in 2020.
How does Germany rank for nonrenewable natural capital, oil?
Germany ranks 50th out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Germany?
Over the last ten years it is down 63.0%. The long-run trend across the full record is falling.
Where does this Germany 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.