Nonrenewable natural capital, metals and minerals: iron ore in Canada

Canada: Nonrenewable natural capital, metals and minerals: iron ore was 70.35 billion current US$ in 2020. ◆ Volatile

Latest (2020)
70.35 billion current US$
Change on year
up 51.3%
World rank
9th
of 57 countries
All-time high
81.37 billion current US$
in 2011
All-time low
1.07 billion current US$
in 1996
Years of data
26
1995–2020

Nonrenewable natural capital, metals and minerals: iron ore in Canada, 1995–2020

020.0B40.0B60.0B80.0B1995200720201995: 1.1B current US$1996: 1.1B current US$1997: 1.5B current US$1998: 2.7B current US$1999: 1.2B current US$2000: 1.3B current US$2001: 1.1B current US$2002: 1.2B current US$2003: 1.5B current US$2004: 1.2B current US$2005: 16.5B current US$2006: 17.3B current US$2007: 52.9B current US$2008: 75.1B current US$2009: 23.6B current US$2010: 77.6B current US$2011: 81.4B current US$2012: 42.6B current US$2013: 53.7B current US$2014: 30.3B current US$2015: 1.5B current US$2016: 6.9B current US$2017: 25.9B current US$2018: 14.5B current US$2019: 46.5B current US$2020: 70.3B current US$

Source: World Bank. Measured in current US$.

Analysis

Canada recorded 70.35 billion current US$ for nonrenewable natural capital, metals and minerals: iron ore in 2020.

The figure is up 51.3% on the previous year and down 9.4% over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Canada peaked at 81.37 billion current US$ in 2011 and was at its lowest, 1.07 billion current US$, in 1996.

Canada ranks 9th of 57 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital, metals and minerals: iron ore in Canada, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in Canada, 1995 to 2020.
Year current US$ Change
1995 1.11 billion current US$ —
1996 1.07 billion current US$ -3.8%
1997 1.45 billion current US$ +36.4%
1998 2.74 billion current US$ +88.2%
1999 1.24 billion current US$ -54.8%
2000 1.31 billion current US$ +5.6%
2001 1.08 billion current US$ -17.3%
2002 1.20 billion current US$ +10.9%
2003 1.48 billion current US$ +23.8%
2004 1.20 billion current US$ -19.2%
2005 16.45 billion current US$ +1274.2%
2006 17.28 billion current US$ +5.0%
2007 52.90 billion current US$ +206.1%
2008 75.08 billion current US$ +41.9%
2009 23.61 billion current US$ -68.6%
2010 77.62 billion current US$ +228.8%
2011 81.37 billion current US$ +4.8%
2012 42.56 billion current US$ -47.7%
2013 53.74 billion current US$ +26.3%
2014 30.26 billion current US$ -43.7%
2015 1.53 billion current US$ -94.9%
2016 6.95 billion current US$ +353.8%
2017 25.94 billion current US$ +273.3%
2018 14.53 billion current US$ -44.0%
2019 46.48 billion current US$ +219.9%
2020 70.35 billion current US$ +51.3%

Canada compared with similar countries

  • Canada's 70.35 billion current US$ is above the median for high income countries, which is 1.37 billion current US$, 51.5× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, metals and minerals: iron ore in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +1274.2% 1.20 billion current US$ 16.45 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.52 billion current US$ 1.07 billion current US$ 2.74 billion current US$ 5
2000s 19.16 billion current US$ 1.08 billion current US$ 75.08 billion current US$ 10
2010s 38.10 billion current US$ 1.53 billion current US$ 81.37 billion current US$ 10
2020s 70.35 billion current US$ 70.35 billion current US$ 70.35 billion current US$ 1

Countries ranked near Canada

  1. 6 Ukraine 124.16 billion current US$ compare
  2. 7 Kazakhstan 93.81 billion current US$ compare
  3. 8 Iran 76.40 billion current US$ compare
  4. 10 United States 44.27 billion current US$ compare
  5. 11 South Africa 37.08 billion current US$ compare
  6. 12 Sweden 25.74 billion current US$ compare

See the full ranking of 57 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in Canada?
Nonrenewable natural capital, metals and minerals: iron ore in Canada was 70.35 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Canada?
The highest recorded value was 81.37 billion current US$ in 2011.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Canada?
The lowest recorded value was 1.07 billion current US$ in 1996.
How does Canada rank for nonrenewable natural capital, metals and minerals: iron ore?
Canada ranks 9th out of 57 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Canada?
Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital, metals and minerals: iron ore in Canada. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/canada/

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About this data

Indicator
Nonrenewable natural capital, metals and minerals: iron ore (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 1,098 data points, 1995–2020
Last refreshed