Nonrenewable natural capital, oil in United States

United States: Nonrenewable natural capital, oil was 1.23 trillion real chained 2019 US$ in 2020. β–² Rising

Latest (2020)
1.23 trillion real chained 2019 US$
Change on year
up 0.1%
World rank
4th
of 145 countries
All-time high
1.23 trillion real chained 2019 US$
in 2020
All-time low
537.11 billion real chained 2019 US$
in 2009
Years of data
26
1995–2020

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

0250.0B500.0B750.0B1.0T1.2T1995200720201995: 616.8B real chained 2019 US$1996: 615.3B real chained 2019 US$1997: 609.5B real chained 2019 US$1998: 624.2B real chained 2019 US$1999: 584.6B real chained 2019 US$2000: 605.4B real chained 2019 US$2001: 614.5B real chained 2019 US$2002: 623.1B real chained 2019 US$2003: 627.8B real chained 2019 US$2004: 603.8B real chained 2019 US$2005: 590.4B real chained 2019 US$2006: 601.5B real chained 2019 US$2007: 583.0B real chained 2019 US$2008: 596.1B real chained 2019 US$2009: 537.1B real chained 2019 US$2010: 583.1B real chained 2019 US$2011: 658.0B real chained 2019 US$2012: 756.5B real chained 2019 US$2013: 872.9B real chained 2019 US$2014: 954.3B real chained 2019 US$2015: 1.0T real chained 2019 US$2016: 920.6B real chained 2019 US$2017: 920.2B real chained 2019 US$2018: 1.1T real chained 2019 US$2019: 1.2T real chained 2019 US$2020: 1.2T real chained 2019 US$

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

In 2020, nonrenewable natural capital, oil in United States stood at 1.23 trillion real chained 2019 US$. That is the highest value across all 26 years on record.

That represents a change of up 0.1% on the previous year and up 111.1% over ten years.

Over the whole period, nonrenewable natural capital, oil in United States peaked at 1.23 trillion real chained 2019 US$ in 2020 and was at its lowest, 537.11 billion real chained 2019 US$, in 2009.

United States ranks 4th of 145 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 610.09 billion real chained 2019 US$ 584.57 billion real chained 2019 US$ 624.21 billion real chained 2019 US$ 5
2000s 598.27 billion real chained 2019 US$ 537.11 billion real chained 2019 US$ 627.76 billion real chained 2019 US$ 10
2010s 903.60 billion real chained 2019 US$ 583.13 billion real chained 2019 US$ 1.23 trillion real chained 2019 US$ 10
2020s 1.23 trillion real chained 2019 US$ 1.23 trillion real chained 2019 US$ 1.23 trillion real chained 2019 US$ 1

Countries ranked near United States

  1. 1 Iraq 2.51 trillion real chained 2019 US$ compare
  2. 2 United Arab Emirates 1.61 trillion real chained 2019 US$ compare
  3. 3 Iran 1.40 trillion real chained 2019 US$ compare
  4. 5 Russia 829.83 billion real chained 2019 US$ compare
  5. 6 Nigeria 606.62 billion real chained 2019 US$ compare
  6. 7 China (People's Republic of) 591.02 billion real chained 2019 US$ compare

See the full ranking of 145 places β†’

More reference data data for United States

All data for United States β†’

Frequently asked questions

What is nonrenewable natural capital, oil in United States?
Nonrenewable natural capital, oil in United States was 1.23 trillion 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 States?
The highest recorded value was 1.23 trillion real chained 2019 US$ in 2020.
What is the lowest nonrenewable natural capital, oil recorded in United States?
The lowest recorded value was 537.11 billion real chained 2019 US$ in 2009.
How does United States rank for nonrenewable natural capital, oil?
United States ranks 4th out of 145 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in United States?
Over the last ten years it is up 111.1%. The long-run trend across the full record is rising.
Where does this United States 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 States. 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-states/

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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.