Nonrenewable natural capital per capita, oil in Norway
Norway: Nonrenewable natural capital per capita, oil was 56,331 real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital per capita, oil in Norway, 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$.
Analysis
Norway recorded 56,331 real chained 2019 US$ for nonrenewable natural capital per capita, oil in 2020.
Compared with earlier readings it is down 7.8% on the previous year and up 5.6% over ten years.
Over the whole period, nonrenewable natural capital per capita, oil in Norway peaked at 104,824 real chained 2019 US$ in 1997 and was at its lowest, 48,816 real chained 2019 US$, in 2014.
That places Norway 4th out of 145 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99,415 real chained 2019 US$ | 94,011 real chained 2019 US$ | 104,824 real chained 2019 US$ | 5 |
| 2000s | 78,400 real chained 2019 US$ | 56,211 real chained 2019 US$ | 98,531 real chained 2019 US$ | 10 |
| 2010s | 56,189 real chained 2019 US$ | 48,816 real chained 2019 US$ | 62,410 real chained 2019 US$ | 10 |
| 2020s | 56,331 real chained 2019 US$ | 56,331 real chained 2019 US$ | 56,331 real chained 2019 US$ | 1 |
Countries ranked near Norway
More reference data data for Norway
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3703 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3621 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7734 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3366 (2050)
Frequently asked questions
- What is nonrenewable natural capital per capita, oil in Norway?
- Nonrenewable natural capital per capita, oil in Norway was 56,331 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 Norway?
- The highest recorded value was 104,824 real chained 2019 US$ in 1997.
- What is the lowest nonrenewable natural capital per capita, oil recorded in Norway?
- The lowest recorded value was 48,816 real chained 2019 US$ in 2014.
- How does Norway rank for nonrenewable natural capital per capita, oil?
- Norway ranks 4th out of 145 countries with data for 2020.
- Is nonrenewable natural capital per capita, oil rising or falling in Norway?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is falling.
- Where does this Norway 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.