Mongolia vs Norway: Nonrenewable natural capital, total
Nonrenewable natural capital, total over time
- Mongolia
- Norway
How they compare
Mongolia currently reports 127.89 billion real chained 2019 US$ against 122.24 billion real chained 2019 US$ in Norway, a difference of 5.64 billion real chained 2019 US$.
The two have swapped places 5 times across 26 shared years of data; in 1995 it was Norway ahead.
Mongolia ranks 26th and Norway ranks 27th of 150 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Norway in 3.
Head to head by decade
| Decade | Mongolia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 131.68 billion real chained 2019 US$ | 137.15 billion real chained 2019 US$ | 5.47 billion real chained 2019 US$ | Norway |
| 2000s | 126.47 billion real chained 2019 US$ | 149.45 billion real chained 2019 US$ | 22.97 billion real chained 2019 US$ | Norway |
| 2010s | 131.35 billion real chained 2019 US$ | 134.53 billion real chained 2019 US$ | 3.18 billion real chained 2019 US$ | Norway |
| 2020s | 127.89 billion real chained 2019 US$ | 122.24 billion real chained 2019 US$ | 5.64 billion real chained 2019 US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, total, Mongolia or Norway?
- Mongolia, at 127.89 billion real chained 2019 US$ against 122.24 billion real chained 2019 US$ in Norway as of 2020.
- What is the difference in nonrenewable natural capital, total between Mongolia and Norway?
- 5.64 billion real chained 2019 US$, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Mongolia and Norway rank globally for nonrenewable natural capital, total?
- Mongolia ranks 26th and Norway ranks 27th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, total (real chained 2019 US$). 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.