This statistic represents the volatility of global energy resource prices between 1909 and 2011. There was a worldwide increase in energy resource prices of approximately seven percent between 1949 and 1959.
According to the source, volatility was calculated as the standard deviation of the commodity subindex divided by the average of the subindex over the period.
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McKinsey & Company. (November 30, 2011). World energy price volatility from 1909 to 2011 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/216519/world-energy-price-volatility/
McKinsey & Company. "World energy price volatility from 1909 to 2011." Chart. November 30, 2011. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/216519/world-energy-price-volatility/
McKinsey & Company. (2011). World energy price volatility from 1909 to 2011. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/216519/world-energy-price-volatility/
McKinsey & Company. "World Energy Price Volatility from 1909 to 2011." Statista, Statista Inc., 30 Nov 2011, https://www.statista.com/statistics/216519/world-energy-price-volatility/
McKinsey & Company, World energy price volatility from 1909 to 2011 Statista, https://www.statista.com/statistics/216519/world-energy-price-volatility/ (last visited November 21, 2024)
World energy price volatility from 1909 to 2011 [Graph], McKinsey & Company, November 30, 2011. [Online]. Available: https://www.statista.com/statistics/216519/world-energy-price-volatility/