Ireland vs Panama: Renewable natural capital, timber

Ireland
1.40 billion real chained 2019 US$
in 2020
Panama
1.35 billion real chained 2019 US$
in 2020
Ireland rank
100th
Panama rank
101st

Renewable natural capital, timber over time

  • Ireland
  • Panama
0500.0M1.0B1.5B199520072020

How they compare

Ireland currently reports 1.40 billion real chained 2019 US$ against 1.35 billion real chained 2019 US$ in Panama, a difference of 52.86 million real chained 2019 US$.

The two have swapped places 1 time across 26 shared years of data; in 1995 it was Panama ahead.

Ireland ranks 100th and Panama ranks 101st of 150 countries.

Across the 4 decades both report, Ireland averaged higher in 1 and Panama in 3.

Head to head by decade

Decade Ireland Panama Difference Ahead
1990s 1.04 billion real chained 2019 US$ 1.44 billion real chained 2019 US$ 399.15 million real chained 2019 US$ Panama
2000s 1.20 billion real chained 2019 US$ 1.41 billion real chained 2019 US$ 203.29 million real chained 2019 US$ Panama
2010s 1.35 billion real chained 2019 US$ 1.37 billion real chained 2019 US$ 24.98 million real chained 2019 US$ Panama
2020s 1.40 billion real chained 2019 US$ 1.35 billion real chained 2019 US$ 52.86 million real chained 2019 US$ Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher renewable natural capital, timber, Ireland or Panama?
Ireland, at 1.40 billion real chained 2019 US$ against 1.35 billion real chained 2019 US$ in Panama as of 2020.
What is the difference in renewable natural capital, timber between Ireland and Panama?
52.86 million real chained 2019 US$, with Ireland ahead.
How many years of comparable data are there for Ireland and Panama?
26 years are reported by both, from 1995 to 2020.
How do Ireland and Panama rank globally for renewable natural capital, timber?
Ireland ranks 100th and Panama ranks 101st of 150 countries.
Where does this data come from?
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Renewable natural capital, timber (real chained 2019 US$)
Unit
real chained 2019 US$
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.