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

Sweden: Nonrenewable natural capital, metals and minerals: iron ore was 25.74 billion current US$ in 2020. ◆ Volatile

Latest (2020)
25.74 billion current US$
Change on year
up 15.3%
World rank
12th
of 57 countries
All-time high
70.04 billion current US$
in 2011
All-time low
0 current US$
in 2014
Years of data
26
1995–2020

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

020.0B40.0B60.0B80.0B1995200720201995: 2.4B current US$1996: 2.3B current US$1997: 3.3B current US$1998: 5.4B current US$1999: 3.8B current US$2000: 5.4B current US$2001: 5.4B current US$2002: 5.1B current US$2003: 3.1B current US$2004: 4.9B current US$2005: 18.0B current US$2006: 13.3B current US$2007: 45.4B current US$2008: 63.1B current US$2009: 8.5B current US$2010: 53.9B current US$2011: 70.0B current US$2012: 27.7B current US$2013: 23.9B current US$2014: 0 current US$2015: 0 current US$2016: 0 current US$2017: 632.3M current US$2018: 0 current US$2019: 22.3B current US$2020: 25.7B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, metals and minerals: iron ore in Sweden stood at 25.74 billion current US$.

That represents a change of up 15.3% on the previous year and down 52.2% over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Sweden peaked at 70.04 billion current US$ in 2011 and was at its lowest, 0 current US$, in 2014.

That places Sweden 12th 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 Sweden, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in Sweden, 1995 to 2020.
Year current US$ Change
1995 2.39 billion current US$ —
1996 2.27 billion current US$ -5.1%
1997 3.29 billion current US$ +45.3%
1998 5.44 billion current US$ +65.1%
1999 3.76 billion current US$ -30.9%
2000 5.44 billion current US$ +44.9%
2001 5.45 billion current US$ +0.1%
2002 5.10 billion current US$ -6.3%
2003 3.14 billion current US$ -38.5%
2004 4.94 billion current US$ +57.3%
2005 17.96 billion current US$ +263.8%
2006 13.32 billion current US$ -25.8%
2007 45.42 billion current US$ +241.0%
2008 63.12 billion current US$ +38.9%
2009 8.45 billion current US$ -86.6%
2010 53.89 billion current US$ +537.5%
2011 70.04 billion current US$ +30.0%
2012 27.67 billion current US$ -60.5%
2013 23.88 billion current US$ -13.7%
2014 0 current US$ -100.0%
2015 0 current US$ —
2016 0 current US$ —
2017 632.28 million current US$ —
2018 0 current US$ -100.0%
2019 22.33 billion current US$ —
2020 25.74 billion current US$ +15.3%

Sweden compared with similar countries

  • Sweden's 25.74 billion current US$ is above the median for high income countries, which is 1.37 billion current US$, 18.8× the median. (20 countries reporting)
  • Sweden's 25.74 billion current US$ is above the median for Europe & Central Asia, which is 1.37 billion current US$, 18.8× the median. (18 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital, metals and minerals: iron ore in Sweden 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
2010 +537.5% 8.45 billion current US$ 53.89 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.43 billion current US$ 2.27 billion current US$ 5.44 billion current US$ 5
2000s 17.23 billion current US$ 3.14 billion current US$ 63.12 billion current US$ 10
2010s 19.84 billion current US$ 0 current US$ 70.04 billion current US$ 10
2020s 25.74 billion current US$ 25.74 billion current US$ 25.74 billion current US$ 1

Countries ranked near Sweden

  1. 9 Canada 70.35 billion current US$ compare
  2. 10 United States 44.27 billion current US$ compare
  3. 11 South Africa 37.08 billion current US$ compare
  4. 13 Turkey 24.39 billion current US$ compare
  5. 14 Chile 18.76 billion current US$ compare
  6. 15 Mauritania 14.63 billion current US$ compare

See the full ranking of 57 places →

More reference data data for Sweden

All data for Sweden →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in Sweden?
Nonrenewable natural capital, metals and minerals: iron ore in Sweden was 25.74 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Sweden?
The highest recorded value was 70.04 billion current US$ in 2011.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Sweden?
The lowest recorded value was 0 current US$ in 2014.
How does Sweden rank for nonrenewable natural capital, metals and minerals: iron ore?
Sweden ranks 12th out of 57 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Sweden?
Over the last ten years it is down 52.2%. The long-run trend across the full record is volatile.
Where does this Sweden 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 Sweden. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/sweden/

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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