Nonrenewable natural capital, oil in Iran

Iran: Nonrenewable natural capital, oil was 1.40 trillion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
1.40 trillion real chained 2019 US$
Change on year
unchanged
World rank
3rd
of 144 countries
All-time high
1.42 trillion real chained 2019 US$
in 2017
All-time low
791.33 billion real chained 2019 US$
in 1996
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Iran, 1995–2020

0500.0B1.0T1.5T1995200720201995: 800.8B real chained 2019 US$1996: 791.3B real chained 2019 US$1997: 834.4B real chained 2019 US$1998: 834.4B real chained 2019 US$1999: 804.8B real chained 2019 US$2000: 804.8B real chained 2019 US$2001: 804.8B real chained 2019 US$2002: 804.8B real chained 2019 US$2003: 804.8B real chained 2019 US$2004: 1.1T real chained 2019 US$2005: 1.1T real chained 2019 US$2006: 1.2T real chained 2019 US$2007: 1.2T real chained 2019 US$2008: 1.2T real chained 2019 US$2009: 1.2T real chained 2019 US$2010: 1.2T real chained 2019 US$2011: 1.2T real chained 2019 US$2012: 1.4T real chained 2019 US$2013: 1.4T real chained 2019 US$2014: 1.4T real chained 2019 US$2015: 1.4T real chained 2019 US$2016: 1.4T real chained 2019 US$2017: 1.4T real chained 2019 US$2018: 1.4T real chained 2019 US$2019: 1.4T real chained 2019 US$2020: 1.4T real chained 2019 US$

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 Iran is 1.40 trillion real chained 2019 US$, measured in 2020.

The figure is up 13.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Iran peaked at 1.42 trillion real chained 2019 US$ in 2017 and was at its lowest, 791.33 billion real chained 2019 US$, in 1996.

That places Iran 3rd out of 144 countries with data for 2020, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 813.13 billion real chained 2019 US$ 791.33 billion real chained 2019 US$ 834.40 billion real chained 2019 US$ 5
2000s 1.04 trillion real chained 2019 US$ 804.79 billion real chained 2019 US$ 1.24 trillion real chained 2019 US$ 10
2010s 1.37 trillion real chained 2019 US$ 1.23 trillion real chained 2019 US$ 1.42 trillion real chained 2019 US$ 10
2020s 1.40 trillion real chained 2019 US$ 1.40 trillion real chained 2019 US$ 1.40 trillion real chained 2019 US$ 1

Countries ranked near Iran

  1. 1 Djibouti 0 real chained 2019 US$ compare
  2. 1 Iraq 2.51 trillion real chained 2019 US$ compare
  3. 2 United Arab Emirates 1.61 trillion real chained 2019 US$ compare
  4. 4 United States 1.23 trillion real chained 2019 US$ compare
  5. 5 Russia 829.83 billion real chained 2019 US$ compare
  6. 6 Nigeria 606.62 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Iran

All data for Iran →

Frequently asked questions

What is nonrenewable natural capital, oil in Iran?
Nonrenewable natural capital, oil in Iran was 1.40 trillion 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 Iran?
The highest recorded value was 1.42 trillion real chained 2019 US$ in 2017.
What is the lowest nonrenewable natural capital, oil recorded in Iran?
The lowest recorded value was 791.33 billion real chained 2019 US$ in 1996.
How does Iran rank for nonrenewable natural capital, oil?
Iran ranks 3rd out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Iran?
Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
Where does this Iran 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.