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

Chile: Nonrenewable natural capital, metals and minerals: iron ore was 18.76 billion current US$ in 2020. ◆ Volatile

Latest (2020)
18.76 billion current US$
Change on year
up 121.1%
World rank
14th
of 57 countries
All-time high
36.97 billion current US$
in 2011
All-time low
1.60 billion current US$
in 1995
Years of data
26
1995–2020

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

010.0B20.0B30.0B40.0B1995200720201995: 1.6B current US$1996: 2.0B current US$1997: 1.9B current US$1998: 3.7B current US$1999: 2.6B current US$2000: 2.9B current US$2001: 3.3B current US$2002: 1.7B current US$2003: 3.2B current US$2004: 3.5B current US$2005: 7.2B current US$2006: 7.2B current US$2007: 16.5B current US$2008: 27.3B current US$2009: 5.2B current US$2010: 24.4B current US$2011: 37.0B current US$2012: 29.1B current US$2013: 27.1B current US$2014: 16.3B current US$2015: 8.1B current US$2016: 7.0B current US$2017: 10.7B current US$2018: 7.3B current US$2019: 8.5B current US$2020: 18.8B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, metals and minerals: iron ore in Chile stood at 18.76 billion current US$.

The figure is up 121.1% on the previous year and down 23.1% over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Chile peaked at 36.97 billion current US$ in 2011 and was at its lowest, 1.60 billion current US$, in 1995.

That places Chile 14th out of 57 countries with data for 2020, putting it 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 Chile, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in Chile, 1995 to 2020.
Year current US$ Change
1995 1.60 billion current US$ —
1996 1.99 billion current US$ +24.6%
1997 1.95 billion current US$ -2.2%
1998 3.74 billion current US$ +92.0%
1999 2.57 billion current US$ -31.1%
2000 2.94 billion current US$ +14.1%
2001 3.35 billion current US$ +13.9%
2002 1.73 billion current US$ -48.3%
2003 3.17 billion current US$ +83.7%
2004 3.52 billion current US$ +10.9%
2005 7.23 billion current US$ +105.3%
2006 7.20 billion current US$ -0.4%
2007 16.46 billion current US$ +128.7%
2008 27.25 billion current US$ +65.5%
2009 5.19 billion current US$ -81.0%
2010 24.40 billion current US$ +370.6%
2011 36.97 billion current US$ +51.5%
2012 29.11 billion current US$ -21.3%
2013 27.13 billion current US$ -6.8%
2014 16.26 billion current US$ -40.1%
2015 8.09 billion current US$ -50.2%
2016 6.98 billion current US$ -13.8%
2017 10.66 billion current US$ +52.7%
2018 7.25 billion current US$ -32.0%
2019 8.49 billion current US$ +17.0%
2020 18.76 billion current US$ +121.1%

Chile compared with similar countries

  • Chile's 18.76 billion current US$ is above the median for high income countries, which is 1.37 billion current US$, 13.7× the median. (20 countries reporting)
  • Chile's 18.76 billion current US$ is above the median for Latin America & Caribbean, which is 2.02 billion current US$, 9.3× the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.37 billion current US$ 1.60 billion current US$ 3.74 billion current US$ 5
2000s 7.80 billion current US$ 1.73 billion current US$ 27.25 billion current US$ 10
2010s 17.53 billion current US$ 6.98 billion current US$ 36.97 billion current US$ 10
2020s 18.76 billion current US$ 18.76 billion current US$ 18.76 billion current US$ 1

Countries ranked near Chile

  1. 11 South Africa 37.08 billion current US$ compare
  2. 12 Sweden 25.74 billion current US$ compare
  3. 13 Turkey 24.39 billion current US$ compare
  4. 15 Mauritania 14.63 billion current US$ compare
  5. 16 Mongolia 14.40 billion current US$ compare
  6. 17 Peru 12.56 billion current US$ compare

See the full ranking of 57 places →

More reference data data for Chile

All data for Chile →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in Chile?
Nonrenewable natural capital, metals and minerals: iron ore in Chile was 18.76 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Chile?
The highest recorded value was 36.97 billion current US$ in 2011.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Chile?
The lowest recorded value was 1.60 billion current US$ in 1995.
How does Chile rank for nonrenewable natural capital, metals and minerals: iron ore?
Chile ranks 14th out of 57 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Chile?
Over the last ten years it is down 23.1%. The long-run trend across the full record is volatile.
Where does this Chile 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 Chile. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/chile/

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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