Nonrenewable natural capital, metals and minerals: iron ore in New Zealand

New Zealand: Nonrenewable natural capital, metals and minerals: iron ore was 6.24 billion current US$ in 2020. ◆ Volatile

Latest (2020)
6.24 billion current US$
Change on year
up 22.8%
World rank
22nd
of 57 countries
All-time high
6.24 billion current US$
in 2020
All-time low
408.96 million current US$
in 2001
Years of data
23
1998–2020

Nonrenewable natural capital, metals and minerals: iron ore in New Zealand, 1998–2020

02.0B4.0B6.0B1998200920201998: 1.1B current US$1999: 983.9M current US$2000: 592.5M current US$2001: 409.0M current US$2002: 409.1M current US$2003: 460.8M current US$2004: 672.5M current US$2005: 1.3B current US$2006: 1.2B current US$2007: 2.2B current US$2008: 3.2B current US$2009: 1.3B current US$2010: 3.6B current US$2011: 3.8B current US$2012: 3.3B current US$2013: 5.3B current US$2014: 3.3B current US$2015: 1.4B current US$2016: 2.0B current US$2017: 3.1B current US$2018: 3.2B current US$2019: 5.1B current US$2020: 6.2B current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital, metals and minerals: iron ore in New Zealand is 6.24 billion current US$, measured in 2020. That is the highest value across all 23 years on record.

The figure is up 22.8% on the previous year and up 72.9% over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in New Zealand peaked at 6.24 billion current US$ in 2020 and was at its lowest, 408.96 million current US$, in 2001.

That places New Zealand 22nd out of 57 countries with data for 2020, putting it in the middle of the range.

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 New Zealand, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in New Zealand, 1998 to 2020.
Year current US$ Change
1998 1.11 billion current US$
1999 983.90 million current US$ -11.3%
2000 592.46 million current US$ -39.8%
2001 408.96 million current US$ -31.0%
2002 409.07 million current US$ +0.0%
2003 460.80 million current US$ +12.6%
2004 672.53 million current US$ +45.9%
2005 1.32 billion current US$ +96.7%
2006 1.18 billion current US$ -11.0%
2007 2.17 billion current US$ +84.7%
2008 3.15 billion current US$ +45.0%
2009 1.30 billion current US$ -58.7%
2010 3.61 billion current US$ +177.3%
2011 3.82 billion current US$ +5.8%
2012 3.28 billion current US$ -14.2%
2013 5.28 billion current US$ +61.1%
2014 3.29 billion current US$ -37.7%
2015 1.42 billion current US$ -56.7%
2016 1.97 billion current US$ +38.1%
2017 3.13 billion current US$ +59.1%
2018 3.15 billion current US$ +0.7%
2019 5.09 billion current US$ +61.4%
2020 6.24 billion current US$ +22.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.05 billion current US$ 983.90 million current US$ 1.11 billion current US$ 2
2000s 1.17 billion current US$ 408.96 million current US$ 3.15 billion current US$ 10
2010s 3.40 billion current US$ 1.42 billion current US$ 5.28 billion current US$ 10
2020s 6.24 billion current US$ 6.24 billion current US$ 6.24 billion current US$ 1

Countries ranked near New Zealand

  1. 19 Malaysia 8.38 billion current US$ compare
  2. 20 Viet Nam 8.18 billion current US$ compare
  3. 21 Sierra Leone 7.13 billion current US$ compare
  4. 23 Indonesia 5.65 billion current US$ compare
  5. 24 Austria 4.28 billion current US$ compare
  6. 25 Mexico 3.12 billion current US$ compare

See the full ranking of 57 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in New Zealand?
Nonrenewable natural capital, metals and minerals: iron ore in New Zealand was 6.24 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in New Zealand?
The highest recorded value was 6.24 billion current US$ in 2020.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in New Zealand?
The lowest recorded value was 408.96 million current US$ in 2001.
How does New Zealand rank for nonrenewable natural capital, metals and minerals: iron ore?
New Zealand ranks 22nd out of 57 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in New Zealand?
Over the last ten years it is up 72.9%. The long-run trend across the full record is volatile.
Where does this New Zealand 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 New Zealand. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/new-zealand/

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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