Nonrenewable natural capital, oil in United Kingdom

United Kingdom: Nonrenewable natural capital, oil was 63.06 billion real chained 2019 US$ in 2020. β–Ό Falling

Latest (2020)
63.06 billion real chained 2019 US$
Change on year
up 8.0%
World rank
23rd
of 145 countries
All-time high
121.23 billion real chained 2019 US$
in 1999
All-time low
58.39 billion real chained 2019 US$
in 2018
Years of data
26
1995–2020

Nonrenewable natural capital, oil in United Kingdom, 1995–2020

025.0B50.0B75.0B100.0B125.0B1995200720201995: 105.5B real chained 2019 US$1996: 100.3B real chained 2019 US$1997: 105.5B real chained 2019 US$1998: 116.8B real chained 2019 US$1999: 121.2B real chained 2019 US$2000: 120.4B real chained 2019 US$2001: 116.8B real chained 2019 US$2002: 115.1B real chained 2019 US$2003: 110.1B real chained 2019 US$2004: 109.0B real chained 2019 US$2005: 104.8B real chained 2019 US$2006: 94.1B real chained 2019 US$2007: 90.5B real chained 2019 US$2008: 84.1B real chained 2019 US$2009: 79.6B real chained 2019 US$2010: 72.0B real chained 2019 US$2011: 66.7B real chained 2019 US$2012: 66.0B real chained 2019 US$2013: 72.9B real chained 2019 US$2014: 69.6B real chained 2019 US$2015: 69.6B real chained 2019 US$2016: 64.3B real chained 2019 US$2017: 59.9B real chained 2019 US$2018: 58.4B real chained 2019 US$2019: 58.4B real chained 2019 US$2020: 63.1B real chained 2019 US$

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 United Kingdom is 63.06 billion real chained 2019 US$, measured in 2020.

The figure is up 8.0% on the previous year and down 12.5% over ten years.

Over the whole period, nonrenewable natural capital, oil in United Kingdom peaked at 121.23 billion real chained 2019 US$ in 1999 and was at its lowest, 58.39 billion real chained 2019 US$, in 2018.

United Kingdom ranks 23rd 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 109.87 billion real chained 2019 US$ 100.26 billion real chained 2019 US$ 121.23 billion real chained 2019 US$ 5
2000s 102.45 billion real chained 2019 US$ 79.64 billion real chained 2019 US$ 120.36 billion real chained 2019 US$ 10
2010s 65.80 billion real chained 2019 US$ 58.39 billion real chained 2019 US$ 72.92 billion real chained 2019 US$ 10
2020s 63.06 billion real chained 2019 US$ 63.06 billion real chained 2019 US$ 63.06 billion real chained 2019 US$ 1

Countries ranked near United Kingdom

  1. 20 Indonesia 72.20 billion real chained 2019 US$ compare
  2. 21 Malaysia 72.02 billion real chained 2019 US$ compare
  3. 22 Congo 68.27 billion real chained 2019 US$ compare
  4. 24 Australia 57.87 billion real chained 2019 US$ compare
  5. 25 Colombia 48.55 billion real chained 2019 US$ compare
  6. 26 Ecuador 47.25 billion real chained 2019 US$ compare

See the full ranking of 145 places β†’

More reference data data for United Kingdom

All data for United Kingdom β†’

Frequently asked questions

What is nonrenewable natural capital, oil in United Kingdom?
Nonrenewable natural capital, oil in United Kingdom was 63.06 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 United Kingdom?
The highest recorded value was 121.23 billion real chained 2019 US$ in 1999.
What is the lowest nonrenewable natural capital, oil recorded in United Kingdom?
The lowest recorded value was 58.39 billion real chained 2019 US$ in 2018.
How does United Kingdom rank for nonrenewable natural capital, oil?
United Kingdom ranks 23rd out of 145 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in United Kingdom?
Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
Where does this United Kingdom 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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Nonrenewable natural capital, oil in United Kingdom. Statizoid, drawing on 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. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-oil-real-chained-2019-us/united-kingdom/

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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.