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

02.0k4.0k6.0k8.0k1995200720201995: 859.6 current US$1996: 1.1k current US$1997: 1.1k current US$1998: 584.4 current US$1999: 1.1k current US$2000: 1.9k current US$2001: 2.0k current US$2002: 2.3k current US$2003: 2.5k current US$2004: 3.3k current US$2005: 2.7k current US$2006: 2.8k current US$2007: 3.5k current US$2008: 4.6k current US$2009: 2.4k current US$2010: 5.2k current US$2011: 8.5k current US$2012: 4.5k current US$2013: 4.0k current US$2014: 3.0k current US$2015: 992.6 current US$2016: 835.1 current US$2017: 1.3k current US$2018: 2.9k current US$2019: 2.3k current US$2020: 917.9 current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 14 Ecuador 1,271 current US$ compare
  2. 15 Nigeria 1,088 current US$ compare
  3. 16 Suriname 943.51 current US$ compare
  4. 18 Malaysia 866.59 current US$ compare
  5. 19 Azerbaijan 750.82 current US$ compare
  6. 20 Belarus 655.56 current US$ compare

See the full ranking of 86 places →

More reference data data for Australia

All data for Australia →

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).

About this data

Indicator
Nonrenewable natural capital per capita, oil (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,059 data points, 1995–2020
Last refreshed