Azerbaijan vs Georgia: Renewable natural capital, timber
Renewable natural capital, timber over time
- Azerbaijan
- Georgia
How they compare
Georgia currently reports 360.47 million real chained 2019 US$ against 235.70 million real chained 2019 US$ in Azerbaijan, a difference of 124.77 million real chained 2019 US$.
That makes Georgia's figure about 1.5 times Azerbaijan's.
Across all 26 years both countries report, Georgia has been ahead every year.
Azerbaijan ranks 125th and Georgia ranks 122nd of 150 countries.
Georgia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 202.94 million real chained 2019 US$ | 313.77 million real chained 2019 US$ | 110.83 million real chained 2019 US$ | Georgia |
| 2000s | 209.84 million real chained 2019 US$ | 273.99 million real chained 2019 US$ | 64.15 million real chained 2019 US$ | Georgia |
| 2010s | 223.89 million real chained 2019 US$ | 297.46 million real chained 2019 US$ | 73.57 million real chained 2019 US$ | Georgia |
| 2020s | 235.70 million real chained 2019 US$ | 360.47 million real chained 2019 US$ | 124.77 million real chained 2019 US$ | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Azerbaijan or Georgia?
- Georgia, at 360.47 million real chained 2019 US$ against 235.70 million real chained 2019 US$ in Azerbaijan as of 2020.
- What is the difference in renewable natural capital, timber between Azerbaijan and Georgia?
- 124.77 million real chained 2019 US$, with Georgia ahead.
- How many years of comparable data are there for Azerbaijan and Georgia?
- 26 years are reported by both, from 1995 to 2020.
- How do Azerbaijan and Georgia rank globally for renewable natural capital, timber?
- Azerbaijan ranks 125th and Georgia ranks 122nd of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.