Mongolia vs North Macedonia: Renewable natural capital, timber
Renewable natural capital, timber over time
- Mongolia
- North Macedonia
How they compare
Mongolia currently reports 488.95 million real chained 2019 US$ against 436.76 million real chained 2019 US$ in North Macedonia, a difference of 52.19 million real chained 2019 US$.
That makes Mongolia's figure about 1.1 times North Macedonia's.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Mongolia ahead.
Mongolia ranks 117th and North Macedonia ranks 119th of 150 countries.
Across the 4 decades both report, Mongolia averaged higher in 3 and North Macedonia in 1.
Head to head by decade
| Decade | Mongolia | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 400.17 million real chained 2019 US$ | 395.01 million real chained 2019 US$ | 5.16 million real chained 2019 US$ | Mongolia |
| 2000s | 394.04 million real chained 2019 US$ | 407.68 million real chained 2019 US$ | 13.65 million real chained 2019 US$ | North Macedonia |
| 2010s | 459.13 million real chained 2019 US$ | 426.17 million real chained 2019 US$ | 32.95 million real chained 2019 US$ | Mongolia |
| 2020s | 488.95 million real chained 2019 US$ | 436.76 million real chained 2019 US$ | 52.19 million real chained 2019 US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher renewable natural capital, timber, Mongolia or North Macedonia?
- Mongolia, at 488.95 million real chained 2019 US$ against 436.76 million real chained 2019 US$ in North Macedonia as of 2020.
- What is the difference in renewable natural capital, timber between Mongolia and North Macedonia?
- 52.19 million real chained 2019 US$, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and North Macedonia?
- 26 years are reported by both, from 1995 to 2020.
- How do Mongolia and North Macedonia rank globally for renewable natural capital, timber?
- Mongolia ranks 117th and North Macedonia ranks 119th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Renewable natural capital, timber (real chained 2019 US$). 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.