Nonrenewable natural capital per capita, oil in Norway

Norway: Nonrenewable natural capital per capita, oil was 25,405 current US$ in 2020. ◆ Volatile

Latest (2020)
25,405 current US$
World rank
5th
of 86 countries
All-time high
108,880 current US$
in 2008
All-time low
0 current US$
in 1998
Years of data
26
1995–2020

Nonrenewable natural capital per capita, oil in Norway, 1995–2020

025.0k50.0k75.0k100.0k1995200720201995: 606.2 current US$1996: 43.8 current US$1997: 6.9k current US$1998: 0 current US$1999: 5.5k current US$2000: 50.2k current US$2001: 42.4k current US$2002: 8.9k current US$2003: 42.9k current US$2004: 54.0k current US$2005: 66.9k current US$2006: 18.5k current US$2007: 17.7k current US$2008: 108.9k current US$2009: 55.5k current US$2010: 70.3k current US$2011: 45.9k current US$2012: 67.2k current US$2013: 90.4k current US$2014: 8.5k current US$2015: 37.1k current US$2016: 25.3k current US$2017: 37.8k current US$2018: 56.6k current US$2019: 0 current US$2020: 25.4k current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital per capita, oil in Norway stood at 25,405 current US$.

Compared with earlier readings it is down 63.8% over ten years.

Over the whole period, nonrenewable natural capital per capita, oil in Norway peaked at 108,880 current US$ in 2008 and was at its lowest, 0 current US$, in 1998.

Norway ranks 5th of 86 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital per capita, oil in Norway, year by year

Annual values for Nonrenewable natural capital per capita, oil (current US$) in Norway, 1995 to 2020.
Year current US$ Change
1995 606.22 current US$ —
1996 43.78 current US$ -92.8%
1997 6,913 current US$ +15691.9%
1998 0 current US$ -100.0%
1999 5,480 current US$ —
2000 50,179 current US$ +815.7%
2001 42,422 current US$ -15.5%
2002 8,944 current US$ -78.9%
2003 42,938 current US$ +380.1%
2004 54,031 current US$ +25.8%
2005 66,877 current US$ +23.8%
2006 18,460 current US$ -72.4%
2007 17,730 current US$ -4.0%
2008 108,880 current US$ +514.1%
2009 55,516 current US$ -49.0%
2010 70,275 current US$ +26.6%
2011 45,877 current US$ -34.7%
2012 67,184 current US$ +46.4%
2013 90,423 current US$ +34.6%
2014 8,461 current US$ -90.6%
2015 37,122 current US$ +338.7%
2016 25,343 current US$ -31.7%
2017 37,770 current US$ +49.0%
2018 56,553 current US$ +49.7%
2019 0 current US$ -100.0%
2020 25,405 current US$ —

Norway compared with similar countries

  • Norway's 25,405 current US$ is above the median for high income countries, which is 13.86 current US$, 1833.1× the median. (34 countries reporting)
  • Norway's 25,405 current US$ is above the median for Europe & Central Asia, which is 6.09 current US$, 4171.4× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital per capita, oil in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +15691.9% 43.78 current US$ 6,913 current US$
2000 +815.7% 5,480 current US$ 50,179 current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,609 current US$ 0 current US$ 6,913 current US$ 5
2000s 46,598 current US$ 8,944 current US$ 108,880 current US$ 10
2010s 43,901 current US$ 0 current US$ 90,423 current US$ 10
2020s 25,405 current US$ 25,405 current US$ 25,405 current US$ 1

Countries ranked near Norway

  1. 2 United Arab Emirates 84,640 current US$ compare
  2. 3 Iraq 29,232 current US$ compare
  3. 4 Oman 26,025 current US$ compare
  4. 6 Kazakhstan 13,872 current US$ compare
  5. 7 Russia 11,890 current US$ compare
  6. 8 Iran 8,435 current US$ compare

See the full ranking of 86 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is nonrenewable natural capital per capita, oil in Norway?
Nonrenewable natural capital per capita, oil in Norway was 25,405 current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, oil recorded in Norway?
The highest recorded value was 108,880 current US$ in 2008.
What is the lowest nonrenewable natural capital per capita, oil recorded in Norway?
The lowest recorded value was 0 current US$ in 1998.
How does Norway rank for nonrenewable natural capital per capita, oil?
Norway ranks 5th out of 86 countries with data for 2020.
Is nonrenewable natural capital per capita, oil rising or falling in Norway?
Over the last ten years it is down 63.8%. The long-run trend across the full record is volatile.
Where does this Norway 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.

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Nonrenewable natural capital per capita, oil in Norway. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-oil-current-us/norway/

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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