Nonrenewable natural capital, oil in Trinidad and Tobago
Trinidad and Tobago: Nonrenewable natural capital, oil was 3.93 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, oil in Trinidad and Tobago, 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$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Trinidad and Tobago is 3.93 billion real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 66.6% over ten years.
Over the whole period, nonrenewable natural capital, oil in Trinidad and Tobago peaked at 16.00 billion real chained 2019 US$ in 2004 and was at its lowest, 3.93 billion real chained 2019 US$, in 2017.
That places Trinidad and Tobago 38th out of 145 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, oil in Trinidad and Tobago, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 7.89 billion real chained 2019 US$ | — |
| 1996 | 7.92 billion real chained 2019 US$ | +0.4% |
| 1997 | 8.90 billion real chained 2019 US$ | +12.4% |
| 1998 | 9.44 billion real chained 2019 US$ | +6.0% |
| 1999 | 8.63 billion real chained 2019 US$ | -8.6% |
| 2000 | 9.78 billion real chained 2019 US$ | +13.3% |
| 2001 | 11.09 billion real chained 2019 US$ | +13.4% |
| 2002 | 11.57 billion real chained 2019 US$ | +4.4% |
| 2003 | 11.57 billion real chained 2019 US$ | +0.0% |
| 2004 | 16.00 billion real chained 2019 US$ | +38.3% |
| 2005 | 16.00 billion real chained 2019 US$ | +0.0% |
| 2006 | 16.00 billion real chained 2019 US$ | +0.0% |
| 2007 | 11.77 billion real chained 2019 US$ | -26.4% |
| 2008 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2009 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2010 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2011 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2012 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2013 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2014 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2015 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2016 | 11.77 billion real chained 2019 US$ | +0.0% |
| 2017 | 3.93 billion real chained 2019 US$ | -66.6% |
| 2018 | 3.93 billion real chained 2019 US$ | +0.0% |
| 2019 | 3.93 billion real chained 2019 US$ | +0.0% |
| 2020 | 3.93 billion real chained 2019 US$ | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.56 billion real chained 2019 US$ | 7.89 billion real chained 2019 US$ | 9.44 billion real chained 2019 US$ | 5 |
| 2000s | 12.73 billion real chained 2019 US$ | 9.78 billion real chained 2019 US$ | 16.00 billion real chained 2019 US$ | 10 |
| 2010s | 9.42 billion real chained 2019 US$ | 3.93 billion real chained 2019 US$ | 11.77 billion real chained 2019 US$ | 10 |
| 2020s | 3.93 billion real chained 2019 US$ | 3.93 billion real chained 2019 US$ | 3.93 billion real chained 2019 US$ | 1 |
Countries ranked near Trinidad and Tobago
- 35 Italy 6.96 billion real chained 2019 US$ compare
- 36 Estonia 5.71 billion real chained 2019 US$ compare
- 37 Congo, Democratic Republic of the 5.01 billion real chained 2019 US$ compare
- 39 Tunisia 3.91 billion real chained 2019 US$ compare
- 40 Mongolia 3.75 billion real chained 2019 US$ compare
- 41 Cameroon 3.39 billion real chained 2019 US$ compare
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Trinidad and Tobago?
- Nonrenewable natural capital, oil in Trinidad and Tobago was 3.93 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 Trinidad and Tobago?
- The highest recorded value was 16.00 billion real chained 2019 US$ in 2004.
- What is the lowest nonrenewable natural capital, oil recorded in Trinidad and Tobago?
- The lowest recorded value was 3.93 billion real chained 2019 US$ in 2017.
- How does Trinidad and Tobago rank for nonrenewable natural capital, oil?
- Trinidad and Tobago ranks 38th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 66.6%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago 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.