Australia vs Iraq: Nonrenewable natural capital, total
Nonrenewable natural capital, total over time
- Australia
- Iraq
How they compare
Iraq currently reports 2.53 trillion real chained 2019 US$ against 2.49 trillion real chained 2019 US$ in Australia, a difference of 42.24 billion real chained 2019 US$.
Across all 26 years both countries report, Iraq has been ahead every year.
Australia ranks 2nd and Iraq ranks 1st of 150 countries.
Iraq has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 958.50 billion real chained 2019 US$ | 1.93 trillion real chained 2019 US$ | 968.66 billion real chained 2019 US$ | Iraq |
| 2000s | 1.24 trillion real chained 2019 US$ | 2.01 trillion real chained 2019 US$ | 772.95 billion real chained 2019 US$ | Iraq |
| 2010s | 2.24 trillion real chained 2019 US$ | 2.47 trillion real chained 2019 US$ | 227.79 billion real chained 2019 US$ | Iraq |
| 2020s | 2.49 trillion real chained 2019 US$ | 2.53 trillion real chained 2019 US$ | 42.24 billion real chained 2019 US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, total, Australia or Iraq?
- Iraq, at 2.53 trillion real chained 2019 US$ against 2.49 trillion real chained 2019 US$ in Australia as of 2020.
- What is the difference in nonrenewable natural capital, total between Australia and Iraq?
- 42.24 billion real chained 2019 US$, with Iraq ahead.
- How many years of comparable data are there for Australia and Iraq?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Iraq rank globally for nonrenewable natural capital, total?
- Australia ranks 2nd and Iraq ranks 1st of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, total (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.