Iceland vs Oman: Renewable natural capital, timber
Renewable natural capital, timber over time
- Iceland
- Oman
How they compare
Oman currently reports 3.23 million real chained 2019 US$ against 675,791 real chained 2019 US$ in Iceland, a difference of 2.55 million real chained 2019 US$.
That makes Oman's figure about 4.8 times Iceland's.
Across all 26 years both countries report, Oman has been ahead every year.
Iceland ranks 146th and Oman ranks 145th of 150 countries.
Oman has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 278,059 real chained 2019 US$ | 3.88 million real chained 2019 US$ | 3.60 million real chained 2019 US$ | Oman |
| 2000s | 443,192 real chained 2019 US$ | 3.88 million real chained 2019 US$ | 3.43 million real chained 2019 US$ | Oman |
| 2010s | 618,754 real chained 2019 US$ | 3.75 million real chained 2019 US$ | 3.13 million real chained 2019 US$ | Oman |
| 2020s | 675,791 real chained 2019 US$ | 3.23 million real chained 2019 US$ | 2.55 million real chained 2019 US$ | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Iceland or Oman?
- Oman, at 3.23 million real chained 2019 US$ against 675,791 real chained 2019 US$ in Iceland as of 2020.
- What is the difference in renewable natural capital, timber between Iceland and Oman?
- 2.55 million real chained 2019 US$, with Oman ahead.
- How many years of comparable data are there for Iceland and Oman?
- 26 years are reported by both, from 1995 to 2020.
- How do Iceland and Oman rank globally for renewable natural capital, timber?
- Iceland ranks 146th and Oman ranks 145th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.