Nonrenewable natural capital per capita, oil in Trinidad and Tobago
Trinidad and Tobago: Nonrenewable natural capital per capita, oil was 2,586 real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital per capita, oil in Trinidad and Tobago, 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$.
Analysis
The most recent figure for nonrenewable natural capital per capita, oil in Trinidad and Tobago is 2,586 real chained 2019 US$, measured in 2020.
Compared with earlier readings it is up 0.1% on the previous year and down 69.0% over ten years.
Over the whole period, nonrenewable natural capital per capita, oil in Trinidad and Tobago peaked at 11,754 real chained 2019 US$ in 2004 and was at its lowest, 2,583 real chained 2019 US$, in 2019.
Trinidad and Tobago ranks 19th of 145 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital per capita, oil in Trinidad and Tobago, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 6,031 real chained 2019 US$ | — |
| 1996 | 6,029 real chained 2019 US$ | -0.0% |
| 1997 | 6,755 real chained 2019 US$ | +12.0% |
| 1998 | 7,138 real chained 2019 US$ | +5.7% |
| 1999 | 6,503 real chained 2019 US$ | -8.9% |
| 2000 | 7,339 real chained 2019 US$ | +12.9% |
| 2001 | 8,282 real chained 2019 US$ | +12.8% |
| 2002 | 8,597 real chained 2019 US$ | +3.8% |
| 2003 | 8,548 real chained 2019 US$ | -0.6% |
| 2004 | 11,754 real chained 2019 US$ | +37.5% |
| 2005 | 11,686 real chained 2019 US$ | -0.6% |
| 2006 | 11,619 real chained 2019 US$ | -0.6% |
| 2007 | 8,499 real chained 2019 US$ | -26.9% |
| 2008 | 8,450 real chained 2019 US$ | -0.6% |
| 2009 | 8,400 real chained 2019 US$ | -0.6% |
| 2010 | 8,345 real chained 2019 US$ | -0.6% |
| 2011 | 8,288 real chained 2019 US$ | -0.7% |
| 2012 | 8,228 real chained 2019 US$ | -0.7% |
| 2013 | 8,169 real chained 2019 US$ | -0.7% |
| 2014 | 8,113 real chained 2019 US$ | -0.7% |
| 2015 | 8,060 real chained 2019 US$ | -0.7% |
| 2016 | 8,010 real chained 2019 US$ | -0.6% |
| 2017 | 2,656 real chained 2019 US$ | -66.8% |
| 2018 | 2,610 real chained 2019 US$ | -1.7% |
| 2019 | 2,583 real chained 2019 US$ | -1.0% |
| 2020 | 2,586 real chained 2019 US$ | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,491 real chained 2019 US$ | 6,029 real chained 2019 US$ | 7,138 real chained 2019 US$ | 5 |
| 2000s | 9,317 real chained 2019 US$ | 7,339 real chained 2019 US$ | 11,754 real chained 2019 US$ | 10 |
| 2010s | 6,506 real chained 2019 US$ | 2,583 real chained 2019 US$ | 8,345 real chained 2019 US$ | 10 |
| 2020s | 2,586 real chained 2019 US$ | 2,586 real chained 2019 US$ | 2,586 real chained 2019 US$ | 1 |
Countries ranked near Trinidad and Tobago
- 16 United States of America 3,713 real chained 2019 US$ compare
- 17 Nigeria 2,912 real chained 2019 US$ compare
- 18 Ecuador 2,687 real chained 2019 US$ compare
- 20 Australia 2,256 real chained 2019 US$ compare
- 21 Suriname 2,252 real chained 2019 US$ compare
- 22 Malaysia 2,169 real chained 2019 US$ compare
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is nonrenewable natural capital per capita, oil in Trinidad and Tobago?
- Nonrenewable natural capital per capita, oil in Trinidad and Tobago was 2,586 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 Trinidad and Tobago?
- The highest recorded value was 11,754 real chained 2019 US$ in 2004.
- What is the lowest nonrenewable natural capital per capita, oil recorded in Trinidad and Tobago?
- The lowest recorded value was 2,583 real chained 2019 US$ in 2019.
- How does Trinidad and Tobago rank for nonrenewable natural capital per capita, oil?
- Trinidad and Tobago ranks 19th out of 145 countries with data for 2020.
- Is nonrenewable natural capital per capita, oil rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 69.0%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago 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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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.