Nonrenewable natural capital, oil in Mexico
Mexico: Nonrenewable natural capital, oil was 115.86 billion real chained 2019 US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Mexico, 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$.
Analysis
Mexico recorded 115.86 billion real chained 2019 US$ for nonrenewable natural capital, oil in 2020. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 41.8% over ten years.
Over the whole period, nonrenewable natural capital, oil in Mexico peaked at 784.35 billion real chained 2019 US$ in 1998 and was at its lowest, 115.86 billion real chained 2019 US$, in 2019.
Mexico ranks 17th of 145 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Mexico, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 485.82 billion real chained 2019 US$ | — |
| 1996 | 476.53 billion real chained 2019 US$ | -1.9% |
| 1997 | 745.24 billion real chained 2019 US$ | +56.4% |
| 1998 | 784.35 billion real chained 2019 US$ | +5.2% |
| 1999 | 471.79 billion real chained 2019 US$ | -39.8% |
| 2000 | 470.48 billion real chained 2019 US$ | -0.3% |
| 2001 | 451.93 billion real chained 2019 US$ | -3.9% |
| 2002 | 428.22 billion real chained 2019 US$ | -5.2% |
| 2003 | 288.87 billion real chained 2019 US$ | -32.5% |
| 2004 | 269.70 billion real chained 2019 US$ | -6.6% |
| 2005 | 246.06 billion real chained 2019 US$ | -8.8% |
| 2006 | 225.65 billion real chained 2019 US$ | -8.3% |
| 2007 | 211.02 billion real chained 2019 US$ | -6.5% |
| 2008 | 200.58 billion real chained 2019 US$ | -4.9% |
| 2009 | 198.73 billion real chained 2019 US$ | -0.9% |
| 2010 | 199.02 billion real chained 2019 US$ | +0.1% |
| 2011 | 194.08 billion real chained 2019 US$ | -2.5% |
| 2012 | 191.49 billion real chained 2019 US$ | -1.3% |
| 2013 | 192.41 billion real chained 2019 US$ | +0.5% |
| 2014 | 187.42 billion real chained 2019 US$ | -2.6% |
| 2015 | 185.49 billion real chained 2019 US$ | -1.0% |
| 2016 | 145.94 billion real chained 2019 US$ | -21.3% |
| 2017 | 134.41 billion real chained 2019 US$ | -7.9% |
| 2018 | 123.47 billion real chained 2019 US$ | -8.1% |
| 2019 | 115.86 billion real chained 2019 US$ | -6.2% |
| 2020 | 115.86 billion real chained 2019 US$ | +0.0% |
Mexico compared with similar countries
- Mexico's 115.86 billion real chained 2019 US$ is above the median for upper middle income countries, which is 614.38 million real chained 2019 US$, 188.6× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +56.4% | 476.53 billion real chained 2019 US$ | 745.24 billion real chained 2019 US$ |
| 1999 | -39.8% | 784.35 billion real chained 2019 US$ | 471.79 billion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 592.75 billion real chained 2019 US$ | 471.79 billion real chained 2019 US$ | 784.35 billion real chained 2019 US$ | 5 |
| 2000s | 299.12 billion real chained 2019 US$ | 198.73 billion real chained 2019 US$ | 470.48 billion real chained 2019 US$ | 10 |
| 2010s | 166.96 billion real chained 2019 US$ | 115.86 billion real chained 2019 US$ | 199.02 billion real chained 2019 US$ | 10 |
| 2020s | 115.86 billion real chained 2019 US$ | 115.86 billion real chained 2019 US$ | 115.86 billion real chained 2019 US$ | 1 |
Countries ranked near Mexico
- 14 Oman 181.44 billion real chained 2019 US$ compare
- 15 India 152.60 billion real chained 2019 US$ compare
- 16 Brazil 117.52 billion real chained 2019 US$ compare
- 18 Egypt 115.80 billion real chained 2019 US$ compare
- 19 Vietnam 74.12 billion real chained 2019 US$ compare
- 20 Indonesia 72.20 billion real chained 2019 US$ compare
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Mexico?
- Nonrenewable natural capital, oil in Mexico was 115.86 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 Mexico?
- The highest recorded value was 784.35 billion real chained 2019 US$ in 1998.
- What is the lowest nonrenewable natural capital, oil recorded in Mexico?
- The lowest recorded value was 115.86 billion real chained 2019 US$ in 2019.
- How does Mexico rank for nonrenewable natural capital, oil?
- Mexico ranks 17th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Mexico?
- Over the last ten years it is down 41.8%. The long-run trend across the full record is volatile.
- Where does this Mexico 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.