Albania vs North Macedonia: Renewable natural capital, timber

Albania
521.04 million real chained 2019 US$
in 2020
North Macedonia
436.76 million real chained 2019 US$
in 2020
Albania rank
116th
North Macedonia rank
119th

Renewable natural capital, timber over time

  • Albania
  • North Macedonia
0200.0M400.0M600.0M199520072020

How they compare

Albania currently reports 521.04 million real chained 2019 US$ against 436.76 million real chained 2019 US$ in North Macedonia, a difference of 84.28 million real chained 2019 US$.

That makes Albania's figure about 1.2 times North Macedonia's.

Across all 26 years both countries report, Albania has been ahead every year.

Albania ranks 116th and North Macedonia ranks 119th of 151 countries.

Albania has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Albania North Macedonia Difference Ahead
1990s 538.77 million real chained 2019 US$ 395.01 million real chained 2019 US$ 143.76 million real chained 2019 US$ Albania
2000s 524.13 million real chained 2019 US$ 407.68 million real chained 2019 US$ 116.45 million real chained 2019 US$ Albania
2010s 519.27 million real chained 2019 US$ 426.17 million real chained 2019 US$ 93.10 million real chained 2019 US$ Albania
2020s 521.04 million real chained 2019 US$ 436.76 million real chained 2019 US$ 84.28 million real chained 2019 US$ Albania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher renewable natural capital, timber, Albania or North Macedonia?
Albania, at 521.04 million real chained 2019 US$ against 436.76 million real chained 2019 US$ in North Macedonia as of 2020.
What is the difference in renewable natural capital, timber between Albania and North Macedonia?
84.28 million real chained 2019 US$, with Albania ahead.
How many years of comparable data are there for Albania and North Macedonia?
26 years are reported by both, from 1995 to 2020.
How do Albania and North Macedonia rank globally for renewable natural capital, timber?
Albania ranks 116th and North Macedonia ranks 119th of 151 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs North Macedonia: Renewable natural capital, timber. 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 20 August 2026, from https://reference.statizoid.com/compare/renewable-natural-capital-timber-real-chained-2019-us/albania/north-macedonia/

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About this data

Indicator
Renewable natural capital, timber (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.