Nonrenewable natural capital per capita, oil in New Zealand
New Zealand: Nonrenewable natural capital per capita, oil was 39.81 real chained 2019 US$ in 2020. ◆ Volatile
Nonrenewable natural capital per capita, oil in New Zealand, 1995–2020
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$.
Analysis
In 2020, nonrenewable natural capital per capita, oil in New Zealand stood at 39.81 real chained 2019 US$. That is the lowest value across all 26 years on record.
That represents a change of down 12.7% on the previous year and down 38.3% over ten years.
Over the whole period, nonrenewable natural capital per capita, oil in New Zealand peaked at 220.46 real chained 2019 US$ in 2003 and was at its lowest, 39.81 real chained 2019 US$, in 2020.
New Zealand ranks 58th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital per capita, oil in New Zealand, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 174.04 real chained 2019 US$ | — |
| 1996 | 130.42 real chained 2019 US$ | -25.1% |
| 1997 | 167.16 real chained 2019 US$ | +28.2% |
| 1998 | 178.24 real chained 2019 US$ | +6.6% |
| 1999 | 154.99 real chained 2019 US$ | -13.0% |
| 2000 | 154.08 real chained 2019 US$ | -0.6% |
| 2001 | 153.17 real chained 2019 US$ | -0.6% |
| 2002 | 106.12 real chained 2019 US$ | -30.7% |
| 2003 | 220.46 real chained 2019 US$ | +107.7% |
| 2004 | 62.4 real chained 2019 US$ | -71.7% |
| 2005 | 58.28 real chained 2019 US$ | -6.6% |
| 2006 | 59.28 real chained 2019 US$ | +1.7% |
| 2007 | 58.73 real chained 2019 US$ | -0.9% |
| 2008 | 60.43 real chained 2019 US$ | +2.9% |
| 2009 | 65.27 real chained 2019 US$ | +8.0% |
| 2010 | 64.54 real chained 2019 US$ | -1.1% |
| 2011 | 120.1 real chained 2019 US$ | +86.1% |
| 2012 | 102.03 real chained 2019 US$ | -15.0% |
| 2013 | 85.76 real chained 2019 US$ | -15.9% |
| 2014 | 81.24 real chained 2019 US$ | -5.3% |
| 2015 | 68.23 real chained 2019 US$ | -16.0% |
| 2016 | 63.64 real chained 2019 US$ | -6.7% |
| 2017 | 55.32 real chained 2019 US$ | -13.1% |
| 2018 | 56.07 real chained 2019 US$ | +1.3% |
| 2019 | 45.62 real chained 2019 US$ | -18.6% |
| 2020 | 39.81 real chained 2019 US$ | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 160.97 real chained 2019 US$ | 130.42 real chained 2019 US$ | 178.24 real chained 2019 US$ | 5 |
| 2000s | 99.82 real chained 2019 US$ | 58.28 real chained 2019 US$ | 220.46 real chained 2019 US$ | 10 |
| 2010s | 74.26 real chained 2019 US$ | 45.62 real chained 2019 US$ | 120.1 real chained 2019 US$ | 10 |
| 2020s | 39.81 real chained 2019 US$ | 39.81 real chained 2019 US$ | 39.81 real chained 2019 US$ | 1 |
Countries ranked near New Zealand
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
Frequently asked questions
- What is nonrenewable natural capital per capita, oil in New Zealand?
- Nonrenewable natural capital per capita, oil in New Zealand was 39.81 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 New Zealand?
- The highest recorded value was 220.46 real chained 2019 US$ in 2003.
- What is the lowest nonrenewable natural capital per capita, oil recorded in New Zealand?
- The lowest recorded value was 39.81 real chained 2019 US$ in 2020.
- How does New Zealand rank for nonrenewable natural capital per capita, oil?
- New Zealand ranks 58th out of 145 countries with data for 2020.
- Is nonrenewable natural capital per capita, oil rising or falling in New Zealand?
- Over the last ten years it is down 38.3%. The long-run trend across the full record is volatile.
- Where does this New Zealand 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.
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CSV · JSON — 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.