Nonrenewable natural capital, oil in Philippines
Philippines: Nonrenewable natural capital, oil was 279.60 million real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, oil in Philippines, 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$.
Analysis
In 2020, nonrenewable natural capital, oil in Philippines stood at 279.60 million real chained 2019 US$. That is the lowest value across all 26 years on record.
That represents a change of unchanged over ten years.
Over the whole period, nonrenewable natural capital, oil in Philippines peaked at 583.42 million real chained 2019 US$ in 2000 and was at its lowest, 279.60 million real chained 2019 US$, in 2006.
That places Philippines 65th out of 144 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 447.68 million real chained 2019 US$ | 429.39 million real chained 2019 US$ | 482.48 million real chained 2019 US$ | 5 |
| 2000s | 356.52 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 583.42 million real chained 2019 US$ | 10 |
| 2010s | 279.60 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 10 |
| 2020s | 279.60 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 279.60 million real chained 2019 US$ | 1 |
Countries ranked near Philippines
- 62 Guatemala 585.20 million real chained 2019 US$ compare
- 63 Czechia 354.16 million real chained 2019 US$ compare
- 64 Turkey 329.15 million real chained 2019 US$ compare
- 66 Kyrgyzstan 229.13 million real chained 2019 US$ compare
- 67 New Zealand 202.63 million real chained 2019 US$ compare
- 68 Jordan 156.76 million real chained 2019 US$ compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Philippines?
- Nonrenewable natural capital, oil in Philippines was 279.60 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 Philippines?
- The highest recorded value was 583.42 million real chained 2019 US$ in 2000.
- What is the lowest nonrenewable natural capital, oil recorded in Philippines?
- The lowest recorded value was 279.60 million real chained 2019 US$ in 2006.
- How does Philippines rank for nonrenewable natural capital, oil?
- Philippines ranks 65th out of 144 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Philippines?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Philippines 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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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.