Nonrenewable natural capital per capita, oil in Australia
Australia: Nonrenewable natural capital per capita, oil was 2,256 real chained 2019 US$ in 2020. βΌ Falling
Nonrenewable natural capital per capita, oil in Australia, 1995β2020
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$.
Analysis
Australia recorded 2,256 real chained 2019 US$ for nonrenewable natural capital per capita, oil in 2020.
The figure is down 1.2% on the previous year and down 36.7% over ten years.
Over the whole period, nonrenewable natural capital per capita, oil in Australia peaked at 4,248 real chained 2019 US$ in 2002 and was at its lowest, 1,167 real chained 2019 US$, in 2016.
That places Australia 20th out of 145 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,478 real chained 2019 US$ | 2,025 real chained 2019 US$ | 3,641 real chained 2019 US$ | 5 |
| 2000s | 2,828 real chained 2019 US$ | 1,636 real chained 2019 US$ | 4,248 real chained 2019 US$ | 10 |
| 2010s | 2,018 real chained 2019 US$ | 1,167 real chained 2019 US$ | 3,563 real chained 2019 US$ | 10 |
| 2020s | 2,256 real chained 2019 US$ | 2,256 real chained 2019 US$ | 2,256 real chained 2019 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 2,256 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 per capita, oil recorded in Australia?
- The highest recorded value was 4,248 real chained 2019 US$ in 2002.
- What is the lowest nonrenewable natural capital per capita, oil recorded in Australia?
- The lowest recorded value was 1,167 real chained 2019 US$ in 2016.
- How does Australia rank for nonrenewable natural capital per capita, oil?
- Australia ranks 20th out of 145 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 36.7%. The long-run trend across the full record is falling.
- Where does this Australia 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 per capita, oil (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.