Australia vs China: Nonrenewable natural capital, metals and minerals: iron ore
Australia
1.70 trillion current US$
in 2020
China
279.27 billion current US$
in 2020
Australia rank
1st
China rank
4th
Nonrenewable natural capital, metals and minerals: iron ore over time
- Australia
- China
How they compare
Australia currently reports 1.70 trillion current US$ against 279.27 billion current US$ in China, a difference of 1.42 trillion current US$.
That makes Australia's figure about 6.1 times China's.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Australia ahead.
Australia ranks 1st and China ranks 4th of 57 countries.
Across the 4 decades both report, Australia averaged higher in 3 and China in 1.
Head to head by decade
| Decade | Australia | China | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 55.74 billion current US$ | 67.73 billion current US$ | 11.99 billion current US$ | China |
| 2000s | 317.05 billion current US$ | 131.59 billion current US$ | 185.45 billion current US$ | Australia |
| 2010s | 1.01 trillion current US$ | 236.80 billion current US$ | 770.04 billion current US$ | Australia |
| 2020s | 1.70 trillion current US$ | 279.27 billion current US$ | 1.42 trillion current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, metals and minerals: iron ore, Australia or China?
- Australia, at 1.70 trillion current US$ against 279.27 billion current US$ in China as of 2020.
- What is the difference in nonrenewable natural capital, metals and minerals: iron ore between Australia and China?
- 1.42 trillion current US$, with Australia ahead.
- How many years of comparable data are there for Australia and China?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and China rank globally for nonrenewable natural capital, metals and minerals: iron ore?
- Australia ranks 1st and China ranks 4th of 57 countries.
- Where does this data come from?
- The World Bank, published as Nonrenewable natural capital, metals and minerals: iron ore (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.