Nonrenewable natural capital per capita, total in Norway

Norway: Nonrenewable natural capital per capita, total was 22,724 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
22,724 real chained 2019 US$
Change on year
down 7.1%
World rank
9th
of 150 countries
All-time high
36,707 real chained 2019 US$
in 2003
All-time low
22,724 real chained 2019 US$
in 2020
Years of data
26
1995–2020

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

010.0k20.0k30.0k40.0k1995200720201995: 35.8k real chained 2019 US$1996: 30.3k real chained 2019 US$1997: 30.5k real chained 2019 US$1998: 30.2k real chained 2019 US$1999: 28.8k real chained 2019 US$2000: 29.6k real chained 2019 US$2001: 30.3k real chained 2019 US$2002: 28.5k real chained 2019 US$2003: 36.7k real chained 2019 US$2004: 35.1k real chained 2019 US$2005: 34.6k real chained 2019 US$2006: 34.3k real chained 2019 US$2007: 33.0k real chained 2019 US$2008: 30.8k real chained 2019 US$2009: 30.0k real chained 2019 US$2010: 29.1k real chained 2019 US$2011: 26.9k real chained 2019 US$2012: 27.3k real chained 2019 US$2013: 26.6k real chained 2019 US$2014: 25.9k real chained 2019 US$2015: 26.7k real chained 2019 US$2016: 24.9k real chained 2019 US$2017: 24.8k real chained 2019 US$2018: 25.3k real chained 2019 US$2019: 24.5k real chained 2019 US$2020: 22.7k real chained 2019 US$

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, total in Norway stood at 22,724 real chained 2019 US$. That is the lowest value across all 26 years on record.

The figure is down 7.1% on the previous year and down 21.9% over ten years.

Over the whole period, nonrenewable natural capital per capita, total in Norway peaked at 36,707 real chained 2019 US$ in 2003 and was at its lowest, 22,724 real chained 2019 US$, in 2020.

Norway ranks 9th of 150 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 31,132 real chained 2019 US$ 28,796 real chained 2019 US$ 35,798 real chained 2019 US$ 5
2000s 32,285 real chained 2019 US$ 28,467 real chained 2019 US$ 36,707 real chained 2019 US$ 10
2010s 26,190 real chained 2019 US$ 24,461 real chained 2019 US$ 29,080 real chained 2019 US$ 10
2020s 22,724 real chained 2019 US$ 22,724 real chained 2019 US$ 22,724 real chained 2019 US$ 1

Countries ranked near Norway

  1. 6 Guyana 39,987 real chained 2019 US$ compare
  2. 7 Mongolia 38,820 real chained 2019 US$ compare
  3. 8 Kazakhstan 27,570 real chained 2019 US$ compare
  4. 10 Iran 19,748 real chained 2019 US$ compare
  5. 11 Azerbaijan 18,124 real chained 2019 US$ compare
  6. 12 Suriname 16,888 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is nonrenewable natural capital per capita, total in Norway?
Nonrenewable natural capital per capita, total in Norway was 22,724 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, total recorded in Norway?
The highest recorded value was 36,707 real chained 2019 US$ in 2003.
What is the lowest nonrenewable natural capital per capita, total recorded in Norway?
The lowest recorded value was 22,724 real chained 2019 US$ in 2020.
How does Norway rank for nonrenewable natural capital per capita, total?
Norway ranks 9th out of 150 countries with data for 2020.
Is nonrenewable natural capital per capita, total rising or falling in Norway?
Over the last ten years it is down 21.9%. 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, total (real chained 2019 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Nonrenewable natural capital per capita, total (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.