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Nonrenewable natural capital, oil in Madagascar

Madagascar: Nonrenewable natural capital, oil was 5.34 million real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
5.34 million real chained 2019 US$
Change on year
down 5.6%
World rank
79th
of 144 countries
All-time high
9.24 million real chained 2019 US$
in 1995
All-time low
5.34 million real chained 2019 US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Madagascar, 1995–2020

02.0M4.0M6.0M8.0M10.0M1995200720201995: 9.2M real chained 2019 US$1996: 9.2M real chained 2019 US$1997: 9.2M real chained 2019 US$1998: 9.2M real chained 2019 US$1999: 9.2M real chained 2019 US$2000: 9.2M real chained 2019 US$2001: 9.2M real chained 2019 US$2002: 9.2M real chained 2019 US$2003: 9.2M real chained 2019 US$2004: 9.2M real chained 2019 US$2005: 9.2M real chained 2019 US$2006: 9.2M real chained 2019 US$2007: 9.2M real chained 2019 US$2008: 9.2M real chained 2019 US$2009: 9.2M real chained 2019 US$2010: 9.2M real chained 2019 US$2011: 9.2M real chained 2019 US$2012: 9.2M real chained 2019 US$2013: 9.2M real chained 2019 US$2014: 9.2M real chained 2019 US$2015: 8.6M real chained 2019 US$2016: 7.5M real chained 2019 US$2017: 6.7M real chained 2019 US$2018: 6.1M real chained 2019 US$2019: 5.7M real chained 2019 US$2020: 5.3M real chained 2019 US$

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 Madagascar is 5.34 million real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.

That represents a change of down 5.6% on the previous year and down 42.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in Madagascar peaked at 9.24 million real chained 2019 US$ in 1995 and was at its lowest, 5.34 million real chained 2019 US$, in 2020.

That places Madagascar 79th out of 144 countries with data for 2020, putting it 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 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ 5
2000s 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ 9.24 million real chained 2019 US$ 10
2010s 8.08 million real chained 2019 US$ 5.66 million real chained 2019 US$ 9.24 million real chained 2019 US$ 10
2020s 5.34 million real chained 2019 US$ 5.34 million real chained 2019 US$ 5.34 million real chained 2019 US$ 1

Countries ranked near Madagascar

  1. 76 Hungary 67.40 million real chained 2019 US$ compare
  2. 77 Morocco 23.59 million real chained 2019 US$ compare
  3. 78 Slovakia 11.04 million real chained 2019 US$ compare
  4. 80 Argentina 0 real chained 2019 US$ compare
  5. 80 Armenia 0 real chained 2019 US$ compare
  6. 80 Belgium 0 real chained 2019 US$ compare
  7. 80 Belize 0 real chained 2019 US$ compare
  8. 80 Benin 0 real chained 2019 US$ compare
  9. 80 Bosnia and Herzegovina 0 real chained 2019 US$ compare
  10. 80 Botswana 0 real chained 2019 US$ compare
  11. 80 Burkina Faso 0 real chained 2019 US$ compare
  12. 80 Burundi 0 real chained 2019 US$ compare
  13. 80 Central African Republic 0 real chained 2019 US$ compare
  14. 80 Comoros 0 real chained 2019 US$ compare
  15. 80 Costa Rica 0 real chained 2019 US$ compare
  16. 80 Dominican Republic 0 real chained 2019 US$ compare
  17. 80 El Salvador 0 real chained 2019 US$ compare
  18. 80 Eswatini 0 real chained 2019 US$ compare
  19. 80 Ethiopia 0 real chained 2019 US$ compare
  20. 80 Finland 0 real chained 2019 US$ compare
  21. 80 Gambia 0 real chained 2019 US$ compare
  22. 80 Georgia 0 real chained 2019 US$ compare
  23. 80 Ghana 0 real chained 2019 US$ compare
  24. 80 Guinea 0 real chained 2019 US$ compare
  25. 80 Guinea-Bissau 0 real chained 2019 US$ compare
  26. 80 Haiti 0 real chained 2019 US$ compare
  27. 80 Honduras 0 real chained 2019 US$ compare
  28. 80 Iceland 0 real chained 2019 US$ compare
  29. 80 Ireland 0 real chained 2019 US$ compare
  30. 80 Israel 0 real chained 2019 US$ compare
  31. 80 Jamaica 0 real chained 2019 US$ compare
  32. 80 Kuwait 0 real chained 2019 US$ compare
  33. 80 Laos 0 real chained 2019 US$ compare
  34. 80 Latvia 0 real chained 2019 US$ compare
  35. 80 Lebanon 0 real chained 2019 US$ compare
  36. 80 Lesotho 0 real chained 2019 US$ compare
  37. 80 Liberia 0 real chained 2019 US$ compare
  38. 80 Luxembourg 0 real chained 2019 US$ compare
  39. 80 Malawi 0 real chained 2019 US$ compare
  40. 80 Maldives 0 real chained 2019 US$ compare
  41. 80 Mali 0 real chained 2019 US$ compare
  42. 80 Malta 0 real chained 2019 US$ compare
  43. 80 Mauritania 0 real chained 2019 US$ compare
  44. 80 Mauritius 0 real chained 2019 US$ compare
  45. 80 Montenegro 0 real chained 2019 US$ compare
  46. 80 Namibia 0 real chained 2019 US$ compare
  47. 80 Nepal 0 real chained 2019 US$ compare
  48. 80 Nicaragua 0 real chained 2019 US$ compare
  49. 80 North Macedonia 0 real chained 2019 US$ compare
  50. 80 Panama 0 real chained 2019 US$ compare
  51. 80 Paraguay 0 real chained 2019 US$ compare
  52. 80 Portugal 0 real chained 2019 US$ compare
  53. 80 Rwanda 0 real chained 2019 US$ compare
  54. 80 Sao Tome and Principe 0 real chained 2019 US$ compare
  55. 80 Saudi Arabia 0 real chained 2019 US$ compare
  56. 80 Sierra Leone 0 real chained 2019 US$ compare
  57. 80 Singapore 0 real chained 2019 US$ compare
  58. 80 Solomon Islands 0 real chained 2019 US$ compare
  59. 80 Spain 0 real chained 2019 US$ compare
  60. 80 Sri Lanka 0 real chained 2019 US$ compare
  61. 80 Saint Lucia 0 real chained 2019 US$ compare
  62. 80 Switzerland 0 real chained 2019 US$ compare
  63. 80 Tanzania 0 real chained 2019 US$ compare
  64. 80 Togo 0 real chained 2019 US$ compare
  65. 80 Uganda 0 real chained 2019 US$ compare
  66. 80 Uruguay 0 real chained 2019 US$ compare
  67. 80 Zambia 0 real chained 2019 US$ compare
  68. 80 Zimbabwe 0 real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is nonrenewable natural capital, oil in Madagascar?
Nonrenewable natural capital, oil in Madagascar was 5.34 million 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 Madagascar?
The highest recorded value was 9.24 million real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital, oil recorded in Madagascar?
The lowest recorded value was 5.34 million real chained 2019 US$ in 2020.
How does Madagascar rank for nonrenewable natural capital, oil?
Madagascar ranks 79th out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Madagascar?
Over the last ten years it is down 42.1%. The long-run trend across the full record is falling.
Where does this Madagascar 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

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.