Austria vs Italy: Renewable natural capital, timber
Renewable natural capital, timber over time
- Austria
- Italy
How they compare
Austria currently reports 6.65 billion real chained 2019 US$ against 6.24 billion real chained 2019 US$ in Italy, a difference of 405.55 million real chained 2019 US$.
That makes Austria's figure about 1.1 times Italy's.
Across all 26 years both countries report, Austria has been ahead every year.
Austria ranks 65th and Italy ranks 68th of 151 countries.
Austria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Austria | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.30 billion real chained 2019 US$ | 5.31 billion real chained 2019 US$ | 1.99 billion real chained 2019 US$ | Austria |
| 2000s | 7.03 billion real chained 2019 US$ | 5.65 billion real chained 2019 US$ | 1.38 billion real chained 2019 US$ | Austria |
| 2010s | 6.63 billion real chained 2019 US$ | 6.05 billion real chained 2019 US$ | 587.88 million real chained 2019 US$ | Austria |
| 2020s | 6.65 billion real chained 2019 US$ | 6.24 billion real chained 2019 US$ | 405.55 million real chained 2019 US$ | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Austria or Italy?
- Austria, at 6.65 billion real chained 2019 US$ against 6.24 billion real chained 2019 US$ in Italy as of 2020.
- What is the difference in renewable natural capital, timber between Austria and Italy?
- 405.55 million real chained 2019 US$, with Austria ahead.
- How many years of comparable data are there for Austria and Italy?
- 26 years are reported by both, from 1995 to 2020.
- How do Austria and Italy rank globally for renewable natural capital, timber?
- Austria ranks 65th and Italy ranks 68th of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.