Australia vs Ethiopia: Renewable natural capital, timber
Renewable natural capital, timber over time
- Australia
- Ethiopia
How they compare
Ethiopia currently reports 78.49 billion real chained 2019 US$ against 58.75 billion real chained 2019 US$ in Australia, a difference of 19.74 billion real chained 2019 US$.
That makes Ethiopia's figure about 1.3 times Australia's.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Ethiopia ahead.
Australia ranks 12th and Ethiopia ranks 10th of 150 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Ethiopia in 3.
Head to head by decade
| Decade | Australia | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 58.06 billion real chained 2019 US$ | 86.21 billion real chained 2019 US$ | 28.15 billion real chained 2019 US$ | Ethiopia |
| 2000s | 57.34 billion real chained 2019 US$ | 83.69 billion real chained 2019 US$ | 26.35 billion real chained 2019 US$ | Ethiopia |
| 2010s | 57.96 billion real chained 2019 US$ | 52.74 billion real chained 2019 US$ | 5.22 billion real chained 2019 US$ | Australia |
| 2020s | 58.75 billion real chained 2019 US$ | 78.49 billion real chained 2019 US$ | 19.74 billion real chained 2019 US$ | Ethiopia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Australia or Ethiopia?
- Ethiopia, at 78.49 billion real chained 2019 US$ against 58.75 billion real chained 2019 US$ in Australia as of 2020.
- What is the difference in renewable natural capital, timber between Australia and Ethiopia?
- 19.74 billion real chained 2019 US$, with Ethiopia ahead.
- How many years of comparable data are there for Australia and Ethiopia?
- 26 years are reported by both, from 1995 to 2020.
- How do Australia and Ethiopia rank globally for renewable natural capital, timber?
- Australia ranks 12th and Ethiopia ranks 10th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.