Nonrenewable natural capital, metals and minerals: iron ore in Australia
Australia: Nonrenewable natural capital, metals and minerals: iron ore was 1.44 trillion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
1.44 trillion real chained 2019 US$
Change on year
up 1.9%
World rank
1st
of 129 countries
All-time high
1.56 trillion real chained 2019 US$
in 2014
All-time low
432.08 billion real chained 2019 US$
in 2004
Years of data
26
1995–2020
Nonrenewable natural capital, metals and minerals: iron ore in Australia, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
The most recent figure for nonrenewable natural capital, metals and minerals: iron ore in Australia is 1.44 trillion real chained 2019 US$, measured in 2020.
Compared with earlier readings it is up 1.9% on the previous year and up 42.9% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in Australia peaked at 1.56 trillion real chained 2019 US$ in 2014 and was at its lowest, 432.08 billion real chained 2019 US$, in 2004.
Australia ranks 1st of 129 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, metals and minerals: iron ore in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 518.50 billion real chained 2019 US$ | — |
| 1996 | 518.50 billion real chained 2019 US$ | +0.0% |
| 1997 | 518.50 billion real chained 2019 US$ | +0.0% |
| 1998 | 518.50 billion real chained 2019 US$ | +0.0% |
| 1999 | 518.50 billion real chained 2019 US$ | +0.0% |
| 2000 | 518.50 billion real chained 2019 US$ | +0.0% |
| 2001 | 518.50 billion real chained 2019 US$ | +0.0% |
| 2002 | 518.50 billion real chained 2019 US$ | +0.0% |
| 2003 | 518.50 billion real chained 2019 US$ | +0.0% |
| 2004 | 432.08 billion real chained 2019 US$ | -16.7% |
| 2005 | 432.08 billion real chained 2019 US$ | +0.0% |
| 2006 | 460.89 billion real chained 2019 US$ | +6.7% |
| 2007 | 460.89 billion real chained 2019 US$ | +0.0% |
| 2008 | 576.11 billion real chained 2019 US$ | +25.0% |
| 2009 | 691.33 billion real chained 2019 US$ | +20.0% |
| 2010 | 1.01 trillion real chained 2019 US$ | +45.8% |
| 2011 | 1.01 trillion real chained 2019 US$ | +0.0% |
| 2012 | 1.01 trillion real chained 2019 US$ | +0.0% |
| 2013 | 1.53 trillion real chained 2019 US$ | +51.4% |
| 2014 | 1.56 trillion real chained 2019 US$ | +1.9% |
| 2015 | 1.50 trillion real chained 2019 US$ | -3.7% |
| 2016 | 1.44 trillion real chained 2019 US$ | -3.8% |
| 2017 | 1.41 trillion real chained 2019 US$ | -1.8% |
| 2018 | 1.44 trillion real chained 2019 US$ | +1.8% |
| 2019 | 1.41 trillion real chained 2019 US$ | -1.8% |
| 2020 | 1.44 trillion real chained 2019 US$ | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 518.50 billion real chained 2019 US$ | 518.50 billion real chained 2019 US$ | 518.50 billion real chained 2019 US$ | 5 |
| 2000s | 512.74 billion real chained 2019 US$ | 432.08 billion real chained 2019 US$ | 691.33 billion real chained 2019 US$ | 10 |
| 2010s | 1.33 trillion real chained 2019 US$ | 1.01 trillion real chained 2019 US$ | 1.56 trillion real chained 2019 US$ | 10 |
| 2020s | 1.44 trillion real chained 2019 US$ | 1.44 trillion real chained 2019 US$ | 1.44 trillion real chained 2019 US$ | 1 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is nonrenewable natural capital, metals and minerals: iron ore in Australia?
- Nonrenewable natural capital, metals and minerals: iron ore in Australia was 1.44 trillion real chained 2019 US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Australia?
- The highest recorded value was 1.56 trillion real chained 2019 US$ in 2014.
- What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Australia?
- The lowest recorded value was 432.08 billion real chained 2019 US$ in 2004.
- How does Australia rank for nonrenewable natural capital, metals and minerals: iron ore?
- Australia ranks 1st out of 129 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in Australia?
- Over the last ten years it is up 42.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: iron ore (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).