Australia vs Chile: Renewable natural capital, timber
Renewable natural capital, timber over time
- Australia
- Chile
How they compare
Australia currently reports 58.75 billion real chained 2019 US$ against 51.92 billion real chained 2019 US$ in Chile, a difference of 6.83 billion real chained 2019 US$.
That makes Australia's figure about 1.1 times Chile's.
Across all 26 years both countries report, Australia has been ahead every year.
Australia ranks 12th and Chile ranks 14th of 150 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Chile | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 58.06 billion real chained 2019 US$ | 44.61 billion real chained 2019 US$ | 13.45 billion real chained 2019 US$ | Australia |
| 2000s | 57.34 billion real chained 2019 US$ | 46.26 billion real chained 2019 US$ | 11.08 billion real chained 2019 US$ | Australia |
| 2010s | 57.96 billion real chained 2019 US$ | 49.77 billion real chained 2019 US$ | 8.19 billion real chained 2019 US$ | Australia |
| 2020s | 58.75 billion real chained 2019 US$ | 51.92 billion real chained 2019 US$ | 6.83 billion real chained 2019 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Australia or Chile?
- Australia, at 58.75 billion real chained 2019 US$ against 51.92 billion real chained 2019 US$ in Chile as of 2020.
- What is the difference in renewable natural capital, timber between Australia and Chile?
- 6.83 billion real chained 2019 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Chile?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Chile rank globally for renewable natural capital, timber?
- Australia ranks 12th and Chile ranks 14th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.