Iceland vs Montenegro: Renewable natural capital, agricultural land

Iceland
747.51 million real chained 2019 US$
in 2020
Montenegro
1.09 billion real chained 2019 US$
in 2020
Iceland rank
143rd
Montenegro rank
142nd

Renewable natural capital, agricultural land over time

  • Iceland
  • Montenegro
500.0M1.0B1.5B2.0B199520072020

How they compare

Montenegro currently reports 1.09 billion real chained 2019 US$ against 747.51 million real chained 2019 US$ in Iceland, a difference of 338.85 million real chained 2019 US$.

That makes Montenegro's figure about 1.5 times Iceland's.

Across all 14 years both countries report, Montenegro has been ahead every year.

Iceland ranks 143rd and Montenegro ranks 142nd of 151 countries.

Montenegro has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Montenegro Difference Ahead
2000s 748.97 million real chained 2019 US$ 2.16 billion real chained 2019 US$ 1.41 billion real chained 2019 US$ Montenegro
2010s 747.66 million real chained 2019 US$ 1.37 billion real chained 2019 US$ 620.51 million real chained 2019 US$ Montenegro
2020s 747.51 million real chained 2019 US$ 1.09 billion real chained 2019 US$ 338.85 million real chained 2019 US$ Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher renewable natural capital, agricultural land, Iceland or Montenegro?
Montenegro, at 1.09 billion real chained 2019 US$ against 747.51 million real chained 2019 US$ in Iceland as of 2020.
What is the difference in renewable natural capital, agricultural land between Iceland and Montenegro?
338.85 million real chained 2019 US$, with Montenegro ahead.
How many years of comparable data are there for Iceland and Montenegro?
14 years are reported by both, from 2007 to 2020.
How do Iceland and Montenegro rank globally for renewable natural capital, agricultural land?
Iceland ranks 143rd and Montenegro ranks 142nd of 151 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, agricultural land (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Montenegro: Renewable natural capital, agricultural land. Statizoid, drawing on 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. Retrieved 29 August 2026, from https://reference.statizoid.com/compare/renewable-natural-capital-agricultural-land-real-chained-2019-us/iceland/montenegro/

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About this data

Indicator
Renewable natural capital, agricultural land (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.