Nonrenewable natural capital, metals and minerals, sub-index, total in Australia
Australia: Nonrenewable natural capital, metals and minerals, sub-index, total was 1.79 trillion real chained 2019 US$ in 2020. ▲ Rising
Nonrenewable natural capital, metals and minerals, sub-index, total in Australia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, nonrenewable natural capital, metals and minerals, sub-index, total in Australia stood at 1.79 trillion real chained 2019 US$.
The figure is up 2.0% on the previous year and up 36.9% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals, sub-index, total in Australia peaked at 1.89 trillion real chained 2019 US$ in 2014 and was at its lowest, 624.52 billion real chained 2019 US$, in 2004.
Australia ranks 1st of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Nonrenewable natural capital, metals and minerals, sub-index, total in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 644.20 billion real chained 2019 US$ | — |
| 1996 | 666.30 billion real chained 2019 US$ | +3.4% |
| 1997 | 647.47 billion real chained 2019 US$ | -2.8% |
| 1998 | 651.62 billion real chained 2019 US$ | +0.6% |
| 1999 | 658.69 billion real chained 2019 US$ | +1.1% |
| 2000 | 690.03 billion real chained 2019 US$ | +4.8% |
| 2001 | 701.43 billion real chained 2019 US$ | +1.7% |
| 2002 | 701.43 billion real chained 2019 US$ | +0.0% |
| 2003 | 701.43 billion real chained 2019 US$ | +0.0% |
| 2004 | 624.52 billion real chained 2019 US$ | -11.0% |
| 2005 | 627.18 billion real chained 2019 US$ | +0.4% |
| 2006 | 661.62 billion real chained 2019 US$ | +5.5% |
| 2007 | 663.56 billion real chained 2019 US$ | +0.3% |
| 2008 | 788.22 billion real chained 2019 US$ | +18.8% |
| 2009 | 976.35 billion real chained 2019 US$ | +23.9% |
| 2010 | 1.30 trillion real chained 2019 US$ | +33.6% |
| 2011 | 1.31 trillion real chained 2019 US$ | +0.2% |
| 2012 | 1.35 trillion real chained 2019 US$ | +3.5% |
| 2013 | 1.88 trillion real chained 2019 US$ | +38.8% |
| 2014 | 1.89 trillion real chained 2019 US$ | +0.6% |
| 2015 | 1.84 trillion real chained 2019 US$ | -2.6% |
| 2016 | 1.79 trillion real chained 2019 US$ | -2.8% |
| 2017 | 1.75 trillion real chained 2019 US$ | -1.8% |
| 2018 | 1.78 trillion real chained 2019 US$ | +1.8% |
| 2019 | 1.75 trillion real chained 2019 US$ | -1.9% |
| 2020 | 1.79 trillion real chained 2019 US$ | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 653.66 billion real chained 2019 US$ | 644.20 billion real chained 2019 US$ | 666.30 billion real chained 2019 US$ | 5 |
| 2000s | 713.58 billion real chained 2019 US$ | 624.52 billion real chained 2019 US$ | 976.35 billion real chained 2019 US$ | 10 |
| 2010s | 1.66 trillion real chained 2019 US$ | 1.30 trillion real chained 2019 US$ | 1.89 trillion real chained 2019 US$ | 10 |
| 2020s | 1.79 trillion real chained 2019 US$ | 1.79 trillion real chained 2019 US$ | 1.79 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, sub-index, total in Australia?
- Nonrenewable natural capital, metals and minerals, sub-index, total in Australia was 1.79 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Australia?
- The highest recorded value was 1.89 trillion real chained 2019 US$ in 2014.
- What is the lowest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Australia?
- The lowest recorded value was 624.52 billion real chained 2019 US$ in 2004.
- How does Australia rank for nonrenewable natural capital, metals and minerals, sub-index, total?
- Australia ranks 1st out of 151 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals, sub-index, total rising or falling in Australia?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Nonrenewable natural capital, metals and minerals, sub-index, total (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).
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.