Nonrenewable natural capital, oil in Romania

Romania: Nonrenewable natural capital, oil was 10.59 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
10.59 billion real chained 2019 US$
Change on year
unchanged
World rank
32nd
of 144 countries
All-time high
21.63 billion real chained 2019 US$
in 1999
All-time low
8.09 billion real chained 2019 US$
in 2005
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Romania, 1995–2020

05.0B10.0B15.0B20.0B1995200720201995: 17.8B real chained 2019 US$1996: 17.3B real chained 2019 US$1997: 16.4B real chained 2019 US$1998: 20.5B real chained 2019 US$1999: 21.6B real chained 2019 US$2000: 20.7B real chained 2019 US$2001: 20.4B real chained 2019 US$2002: 9.0B real chained 2019 US$2003: 8.7B real chained 2019 US$2004: 8.3B real chained 2019 US$2005: 8.1B real chained 2019 US$2006: 8.4B real chained 2019 US$2007: 8.5B real chained 2019 US$2008: 8.5B real chained 2019 US$2009: 10.6B real chained 2019 US$2010: 10.6B real chained 2019 US$2011: 10.6B real chained 2019 US$2012: 10.6B real chained 2019 US$2013: 10.6B real chained 2019 US$2014: 10.6B real chained 2019 US$2015: 10.6B real chained 2019 US$2016: 10.6B real chained 2019 US$2017: 10.6B real chained 2019 US$2018: 10.6B real chained 2019 US$2019: 10.6B real chained 2019 US$2020: 10.6B real chained 2019 US$

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 Romania is 10.59 billion real chained 2019 US$, measured in 2020.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, nonrenewable natural capital, oil in Romania peaked at 21.63 billion real chained 2019 US$ in 1999 and was at its lowest, 8.09 billion real chained 2019 US$, in 2005.

That places Romania 32nd out of 144 countries with data for 2020, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.74 billion real chained 2019 US$ 16.44 billion real chained 2019 US$ 21.63 billion real chained 2019 US$ 5
2000s 11.11 billion real chained 2019 US$ 8.09 billion real chained 2019 US$ 20.66 billion real chained 2019 US$ 10
2010s 10.59 billion real chained 2019 US$ 10.59 billion real chained 2019 US$ 10.59 billion real chained 2019 US$ 10
2020s 10.59 billion real chained 2019 US$ 10.59 billion real chained 2019 US$ 10.59 billion real chained 2019 US$ 1

Countries ranked near Romania

  1. 29 Chad 19.98 billion real chained 2019 US$ compare
  2. 30 Pakistan 15.01 billion real chained 2019 US$ compare
  3. 31 Ukraine 13.90 billion real chained 2019 US$ compare
  4. 33 Denmark 9.63 billion real chained 2019 US$ compare
  5. 34 Thailand 7.93 billion real chained 2019 US$ compare
  6. 35 Italy 6.96 billion real chained 2019 US$ compare

See the full ranking of 145 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is nonrenewable natural capital, oil in Romania?
Nonrenewable natural capital, oil in Romania was 10.59 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 Romania?
The highest recorded value was 21.63 billion real chained 2019 US$ in 1999.
What is the lowest nonrenewable natural capital, oil recorded in Romania?
The lowest recorded value was 8.09 billion real chained 2019 US$ in 2005.
How does Romania rank for nonrenewable natural capital, oil?
Romania ranks 32nd out of 144 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Romania?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Romania 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.