Nonrenewable natural capital per capita, oil in Australia
Australia: Nonrenewable natural capital per capita, oil was 917.9 current US$ in 2020. ◆ Volatile
Latest (2020)
917.9 current US$
Change on year
down 59.8%
World rank
17th
of 86 countries
All-time high
8,509 current US$
in 2011
All-time low
584.39 current US$
in 1998
Years of data
26
1995–2020
Nonrenewable natural capital per capita, oil in Australia, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, nonrenewable natural capital per capita, oil in Australia stood at 917.9 current US$.
Compared with earlier readings it is down 59.8% on the previous year and down 82.2% over ten years.
Over the whole period, nonrenewable natural capital per capita, oil in Australia peaked at 8,509 current US$ in 2011 and was at its lowest, 584.39 current US$, in 1998.
Australia ranks 17th of 86 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital per capita, oil in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 859.6 current US$ | — |
| 1996 | 1,072 current US$ | +24.7% |
| 1997 | 1,102 current US$ | +2.8% |
| 1998 | 584.39 current US$ | -47.0% |
| 1999 | 1,059 current US$ | +81.3% |
| 2000 | 1,880 current US$ | +77.5% |
| 2001 | 1,967 current US$ | +4.7% |
| 2002 | 2,290 current US$ | +16.4% |
| 2003 | 2,511 current US$ | +9.6% |
| 2004 | 3,349 current US$ | +33.4% |
| 2005 | 2,702 current US$ | -19.3% |
| 2006 | 2,753 current US$ | +1.9% |
| 2007 | 3,487 current US$ | +26.7% |
| 2008 | 4,555 current US$ | +30.7% |
| 2009 | 2,372 current US$ | -47.9% |
| 2010 | 5,162 current US$ | +117.6% |
| 2011 | 8,509 current US$ | +64.9% |
| 2012 | 4,513 current US$ | -47.0% |
| 2013 | 4,013 current US$ | -11.1% |
| 2014 | 2,979 current US$ | -25.8% |
| 2015 | 992.65 current US$ | -66.7% |
| 2016 | 835.06 current US$ | -15.9% |
| 2017 | 1,262 current US$ | +51.1% |
| 2018 | 2,880 current US$ | +128.2% |
| 2019 | 2,284 current US$ | -20.7% |
| 2020 | 917.9 current US$ | -59.8% |
Australia compared with similar countries
- Australia's 917.9 current US$ is above the median for high income countries, which is 13.86 current US$, 66.2× the median. (34 countries reporting)
- Australia's 917.9 current US$ is above the median for East Asia & Pacific, which is 101.26 current US$, 9.1× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 935.34 current US$ | 584.39 current US$ | 1,102 current US$ | 5 |
| 2000s | 2,787 current US$ | 1,880 current US$ | 4,555 current US$ | 10 |
| 2010s | 3,343 current US$ | 835.06 current US$ | 8,509 current US$ | 10 |
| 2020s | 917.9 current US$ | 917.9 current US$ | 917.9 current US$ | 1 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is nonrenewable natural capital per capita, oil in Australia?
- Nonrenewable natural capital per capita, oil in Australia was 917.9 current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital per capita, oil recorded in Australia?
- The highest recorded value was 8,509 current US$ in 2011.
- What is the lowest nonrenewable natural capital per capita, oil recorded in Australia?
- The lowest recorded value was 584.39 current US$ in 1998.
- How does Australia rank for nonrenewable natural capital per capita, oil?
- Australia ranks 17th out of 86 countries with data for 2020.
- Is nonrenewable natural capital per capita, oil rising or falling in Australia?
- Over the last ten years it is down 82.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital per capita, oil (current 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).