Nonrenewable natural capital, oil in Thailand
Thailand: Nonrenewable natural capital, oil was 7.93 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, oil in Thailand, 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$.
Analysis
Thailand recorded 7.93 billion real chained 2019 US$ for nonrenewable natural capital, oil in 2020.
That represents a change of down 42.8% over ten years.
Over the whole period, nonrenewable natural capital, oil in Thailand peaked at 21.72 billion real chained 2019 US$ in 2002 and was at its lowest, 7.57 billion real chained 2019 US$, in 1996.
Thailand ranks 34th of 145 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, oil in Thailand, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 9.27 billion real chained 2019 US$ | — |
| 1996 | 7.57 billion real chained 2019 US$ | -18.3% |
| 1997 | 9.30 billion real chained 2019 US$ | +22.8% |
| 1998 | 12.19 billion real chained 2019 US$ | +31.0% |
| 1999 | 11.25 billion real chained 2019 US$ | -7.7% |
| 2000 | 16.16 billion real chained 2019 US$ | +43.7% |
| 2001 | 18.33 billion real chained 2019 US$ | +13.4% |
| 2002 | 21.72 billion real chained 2019 US$ | +18.5% |
| 2003 | 15.69 billion real chained 2019 US$ | -27.7% |
| 2004 | 16.55 billion real chained 2019 US$ | +5.5% |
| 2005 | 14.22 billion real chained 2019 US$ | -14.1% |
| 2006 | 14.47 billion real chained 2019 US$ | +1.8% |
| 2007 | 14.47 billion real chained 2019 US$ | +0.0% |
| 2008 | 14.25 billion real chained 2019 US$ | -1.5% |
| 2009 | 13.65 billion real chained 2019 US$ | -4.2% |
| 2010 | 13.87 billion real chained 2019 US$ | +1.6% |
| 2011 | 14.23 billion real chained 2019 US$ | +2.5% |
| 2012 | 14.09 billion real chained 2019 US$ | -1.0% |
| 2013 | 14.49 billion real chained 2019 US$ | +2.9% |
| 2014 | 12.71 billion real chained 2019 US$ | -12.3% |
| 2015 | 12.44 billion real chained 2019 US$ | -2.1% |
| 2016 | 10.97 billion real chained 2019 US$ | -11.9% |
| 2017 | 10.12 billion real chained 2019 US$ | -7.7% |
| 2018 | 9.18 billion real chained 2019 US$ | -9.3% |
| 2019 | 7.93 billion real chained 2019 US$ | -13.6% |
| 2020 | 7.93 billion real chained 2019 US$ | +0.0% |
Thailand compared with similar countries
- Thailand's 7.93 billion real chained 2019 US$ is above the median for upper middle income countries, which is 614.38 million real chained 2019 US$, 12.9× the median. (42 countries reporting)
- Thailand's 7.93 billion real chained 2019 US$ is above the median for East Asia & Pacific, which is 3.28 billion real chained 2019 US$, 2.4× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.91 billion real chained 2019 US$ | 7.57 billion real chained 2019 US$ | 12.19 billion real chained 2019 US$ | 5 |
| 2000s | 15.95 billion real chained 2019 US$ | 13.65 billion real chained 2019 US$ | 21.72 billion real chained 2019 US$ | 10 |
| 2010s | 12.00 billion real chained 2019 US$ | 7.93 billion real chained 2019 US$ | 14.49 billion real chained 2019 US$ | 10 |
| 2020s | 7.93 billion real chained 2019 US$ | 7.93 billion real chained 2019 US$ | 7.93 billion real chained 2019 US$ | 1 |
Countries ranked near Thailand
- 31 Ukraine 13.90 billion real chained 2019 US$ compare
- 32 Romania 10.59 billion real chained 2019 US$ compare
- 33 Denmark 9.63 billion real chained 2019 US$ compare
- 35 Italy 6.96 billion real chained 2019 US$ compare
- 36 Estonia 5.71 billion real chained 2019 US$ compare
- 37 Democratic Republic of Congo 5.01 billion real chained 2019 US$ compare
More reference data data for Thailand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.67 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.08 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.45 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.08 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.58 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.72 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 10.67 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 65.23 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.92 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Thailand?
- Nonrenewable natural capital, oil in Thailand was 7.93 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 Thailand?
- The highest recorded value was 21.72 billion real chained 2019 US$ in 2002.
- What is the lowest nonrenewable natural capital, oil recorded in Thailand?
- The lowest recorded value was 7.57 billion real chained 2019 US$ in 1996.
- How does Thailand rank for nonrenewable natural capital, oil?
- Thailand ranks 34th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Thailand?
- Over the last ten years it is down 42.8%. The long-run trend across the full record is falling.
- Where does this Thailand 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.