Nonrenewable natural capital, metals and minerals: iron ore in South Africa

South Africa: Nonrenewable natural capital, metals and minerals: iron ore was 29.57 billion real chained 2019 US$ in 2020. ◆ Volatile

Latest (2020)
29.57 billion real chained 2019 US$
Change on year
down 11.3%
World rank
10th
of 129 countries
All-time high
118.28 billion real chained 2019 US$
in 1995
All-time low
29.57 billion real chained 2019 US$
in 1997
Years of data
26
1995–2020

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

20.0B40.0B60.0B80.0B100.0B120.0B1995200720201995: 118.3B real chained 2019 US$1996: 118.3B real chained 2019 US$1997: 29.6B real chained 2019 US$1998: 29.6B real chained 2019 US$1999: 29.6B real chained 2019 US$2000: 29.6B real chained 2019 US$2001: 29.6B real chained 2019 US$2002: 29.6B real chained 2019 US$2003: 29.6B real chained 2019 US$2004: 29.6B real chained 2019 US$2005: 29.6B real chained 2019 US$2006: 29.6B real chained 2019 US$2007: 29.6B real chained 2019 US$2008: 29.6B real chained 2019 US$2009: 29.6B real chained 2019 US$2010: 29.6B real chained 2019 US$2011: 29.6B real chained 2019 US$2012: 29.6B real chained 2019 US$2013: 29.6B real chained 2019 US$2014: 29.6B real chained 2019 US$2015: 35.5B real chained 2019 US$2016: 35.5B real chained 2019 US$2017: 33.1B real chained 2019 US$2018: 35.5B real chained 2019 US$2019: 33.3B real chained 2019 US$2020: 29.6B real chained 2019 US$

Source: World Bank. Measured in real chained 2019 US$.

Analysis

South Africa recorded 29.57 billion real chained 2019 US$ for nonrenewable natural capital, metals and minerals: iron ore in 2020. That is the lowest value across all 26 years on record.

The figure is down 11.3% on the previous year and unchanged over ten years.

Over the whole period, nonrenewable natural capital, metals and minerals: iron ore in South Africa peaked at 118.28 billion real chained 2019 US$ in 1995 and was at its lowest, 29.57 billion real chained 2019 US$, in 1997.

That places South Africa 10th out of 129 countries with data for 2020, putting it 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 South Africa, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (real chained 2019 US$) in South Africa, 1995 to 2020.
Year real chained 2019 US$ Change
1995 118.28 billion real chained 2019 US$
1996 118.28 billion real chained 2019 US$ +0.0%
1997 29.57 billion real chained 2019 US$ -75.0%
1998 29.57 billion real chained 2019 US$ +0.0%
1999 29.57 billion real chained 2019 US$ +0.0%
2000 29.57 billion real chained 2019 US$ +0.0%
2001 29.57 billion real chained 2019 US$ +0.0%
2002 29.57 billion real chained 2019 US$ +0.0%
2003 29.57 billion real chained 2019 US$ +0.0%
2004 29.57 billion real chained 2019 US$ +0.0%
2005 29.57 billion real chained 2019 US$ +0.0%
2006 29.57 billion real chained 2019 US$ +0.0%
2007 29.57 billion real chained 2019 US$ +0.0%
2008 29.57 billion real chained 2019 US$ +0.0%
2009 29.57 billion real chained 2019 US$ +0.0%
2010 29.57 billion real chained 2019 US$ +0.0%
2011 29.57 billion real chained 2019 US$ +0.0%
2012 29.57 billion real chained 2019 US$ +0.0%
2013 29.57 billion real chained 2019 US$ +0.0%
2014 29.57 billion real chained 2019 US$ +0.0%
2015 35.48 billion real chained 2019 US$ +20.0%
2016 35.48 billion real chained 2019 US$ +0.0%
2017 33.09 billion real chained 2019 US$ -6.8%
2018 35.48 billion real chained 2019 US$ +7.2%
2019 33.34 billion real chained 2019 US$ -6.0%
2020 29.57 billion real chained 2019 US$ -11.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 65.05 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 118.28 billion real chained 2019 US$ 5
2000s 29.57 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 10
2010s 32.07 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 35.48 billion real chained 2019 US$ 10
2020s 29.57 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 29.57 billion real chained 2019 US$ 1

Countries ranked near South Africa

  1. 7 Iran, Islamic Republic of 44.89 billion real chained 2019 US$ compare
  2. 8 Kazakhstan 34.72 billion real chained 2019 US$ compare
  3. 9 United States of America 30.05 billion real chained 2019 US$ compare
  4. 11 Sweden 22.96 billion real chained 2019 US$ compare
  5. 12 Türkiye 18.11 billion real chained 2019 US$ compare
  6. 13 Mongolia 10.92 billion real chained 2019 US$ compare

See the full ranking of 129 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in South Africa?
Nonrenewable natural capital, metals and minerals: iron ore in South Africa was 29.57 billion 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 South Africa?
The highest recorded value was 118.28 billion real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in South Africa?
The lowest recorded value was 29.57 billion real chained 2019 US$ in 1997.
How does South Africa rank for nonrenewable natural capital, metals and minerals: iron ore?
South Africa ranks 10th out of 129 countries with data for 2020.
Is nonrenewable natural capital, metals and minerals: iron ore rising or falling in South Africa?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this South Africa 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.

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Nonrenewable natural capital, metals and minerals: iron ore in South Africa. Statizoid. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-real-chained-2019-us/south-africa/

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About this data

Indicator
Nonrenewable natural capital, metals and minerals: iron ore (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 3,313 data points, 1995–2020
Last refreshed