Nonrenewable natural capital, oil in Iran
Iran: Nonrenewable natural capital, oil was 1.40 trillion real chained 2019 US$ in 2020. ▲ Rising
Nonrenewable natural capital, oil in Iran, 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$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Iran is 1.40 trillion real chained 2019 US$, 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$, in 1996.
That places Iran 3rd out of 145 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Nonrenewable natural capital, oil in Iran, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 800.75 billion real chained 2019 US$ | — |
| 1996 | 791.33 billion real chained 2019 US$ | -1.2% |
| 1997 | 834.40 billion real chained 2019 US$ | +5.4% |
| 1998 | 834.40 billion real chained 2019 US$ | +0.0% |
| 1999 | 804.79 billion real chained 2019 US$ | -3.5% |
| 2000 | 804.79 billion real chained 2019 US$ | +0.0% |
| 2001 | 804.79 billion real chained 2019 US$ | +0.0% |
| 2002 | 804.79 billion real chained 2019 US$ | +0.0% |
| 2003 | 804.79 billion real chained 2019 US$ | +0.0% |
| 2004 | 1.13 trillion real chained 2019 US$ | +40.2% |
| 2005 | 1.13 trillion real chained 2019 US$ | +0.0% |
| 2006 | 1.19 trillion real chained 2019 US$ | +5.3% |
| 2007 | 1.22 trillion real chained 2019 US$ | +2.9% |
| 2008 | 1.24 trillion real chained 2019 US$ | +1.6% |
| 2009 | 1.22 trillion real chained 2019 US$ | -1.6% |
| 2010 | 1.23 trillion real chained 2019 US$ | +1.1% |
| 2011 | 1.23 trillion real chained 2019 US$ | -0.4% |
| 2012 | 1.36 trillion real chained 2019 US$ | +10.3% |
| 2013 | 1.39 trillion real chained 2019 US$ | +2.3% |
| 2014 | 1.41 trillion real chained 2019 US$ | +1.8% |
| 2015 | 1.42 trillion real chained 2019 US$ | +0.3% |
| 2016 | 1.41 trillion real chained 2019 US$ | -0.2% |
| 2017 | 1.42 trillion real chained 2019 US$ | +0.6% |
| 2018 | 1.41 trillion real chained 2019 US$ | -0.8% |
| 2019 | 1.40 trillion real chained 2019 US$ | -1.0% |
| 2020 | 1.40 trillion real chained 2019 US$ | +0.0% |
Iran compared with similar countries
- Iran's 1.40 trillion real chained 2019 US$ is above the median for upper middle income countries, which is 614.38 million real chained 2019 US$, 2272.3× the median. (42 countries reporting)
- Iran's 1.40 trillion real chained 2019 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.82 billion real chained 2019 US$, 494.5× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Iran changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +40.2% | 804.79 billion real chained 2019 US$ | 1.13 trillion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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 Iraq 2.51 trillion real chained 2019 US$ compare
- 2 United Arab Emirates 1.61 trillion real chained 2019 US$ compare
- 4 United States 1.23 trillion real chained 2019 US$ compare
- 5 Russia 829.83 billion real chained 2019 US$ compare
- 6 Nigeria 606.62 billion real chained 2019 US$ compare
More reference data data for Iran
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 12.01 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 26.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 26.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 11.62 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 46.54 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 109.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.3 (2050)
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 145 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
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.