Australia vs China (People’s Republic of): Nonrenewable natural capital, natural gas
Nonrenewable natural capital, natural gas over time
- Australia
- China (People’s Republic of)
How they compare
China (People’s Republic of) currently reports 238.46 billion real chained 2019 US$ against 155.38 billion real chained 2019 US$ in Australia, a difference of 83.08 billion real chained 2019 US$.
That makes China (People’s Republic of)'s figure about 1.5 times Australia's.
The two have swapped places 4 times across 26 shared years of data; in 1995 it was China (People’s Republic of) ahead.
Australia ranks 5th and China (People’s Republic of) ranks 4th of 148 countries.
Across the 4 decades both report, Australia averaged higher in 1 and China (People’s Republic of) in 3.
Head to head by decade
| Decade | Australia | China (People’s Republic of) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 33.88 billion real chained 2019 US$ | 38.54 billion real chained 2019 US$ | 4.67 billion real chained 2019 US$ | China (People’s Republic of) |
| 2000s | 69.61 billion real chained 2019 US$ | 50.92 billion real chained 2019 US$ | 18.69 billion real chained 2019 US$ | Australia |
| 2010s | 95.15 billion real chained 2019 US$ | 132.76 billion real chained 2019 US$ | 37.61 billion real chained 2019 US$ | China (People’s Republic of) |
| 2020s | 155.38 billion real chained 2019 US$ | 238.46 billion real chained 2019 US$ | 83.08 billion real chained 2019 US$ | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, natural gas, Australia or China (People’s Republic of)?
- China (People’s Republic of), at 238.46 billion real chained 2019 US$ against 155.38 billion real chained 2019 US$ in Australia as of 2020.
- What is the difference in nonrenewable natural capital, natural gas between Australia and China (People’s Republic of)?
- 83.08 billion real chained 2019 US$, with China (People’s Republic of) ahead.
- How many years of comparable data are there for Australia and China (People’s Republic of)?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and China (People’s Republic of) rank globally for nonrenewable natural capital, natural gas?
- Australia ranks 5th and China (People’s Republic of) ranks 4th of 148 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, natural gas (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.