Georgia vs North Macedonia: Renewable natural capital, timber
Renewable natural capital, timber over time
- Georgia
- North Macedonia
How they compare
North Macedonia currently reports 436.76 million real chained 2019 US$ against 360.47 million real chained 2019 US$ in Georgia, a difference of 76.29 million real chained 2019 US$.
That makes North Macedonia's figure about 1.2 times Georgia's.
Across all 26 years both countries report, North Macedonia has been ahead every year.
Georgia ranks 122nd and North Macedonia ranks 119th of 151 countries.
North Macedonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Georgia | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 313.77 million real chained 2019 US$ | 395.01 million real chained 2019 US$ | 81.24 million real chained 2019 US$ | North Macedonia |
| 2000s | 273.99 million real chained 2019 US$ | 407.68 million real chained 2019 US$ | 133.69 million real chained 2019 US$ | North Macedonia |
| 2010s | 297.46 million real chained 2019 US$ | 426.17 million real chained 2019 US$ | 128.71 million real chained 2019 US$ | North Macedonia |
| 2020s | 360.47 million real chained 2019 US$ | 436.76 million real chained 2019 US$ | 76.29 million real chained 2019 US$ | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Georgia or North Macedonia?
- North Macedonia, at 436.76 million real chained 2019 US$ against 360.47 million real chained 2019 US$ in Georgia as of 2020.
- What is the difference in renewable natural capital, timber between Georgia and North Macedonia?
- 76.29 million real chained 2019 US$, with North Macedonia ahead.
- How many years of comparable data are there for Georgia and North Macedonia?
- 26 years are reported by both, from 1995 to 2020.
- How do Georgia and North Macedonia rank globally for renewable natural capital, timber?
- Georgia ranks 122nd and North Macedonia ranks 119th of 151 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.