Nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea
Republic of Korea: Nonrenewable natural capital, metals and minerals, sub-index, total was 31.62 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea, 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$.
Analysis
The most recent figure for nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea is 31.62 billion real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.
That represents a change of down 1.7% on the previous year and down 2.0% over ten years.
Over the whole period, nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea peaked at 36.73 billion real chained 2019 US$ in 1995 and was at its lowest, 31.62 billion real chained 2019 US$, in 2020.
That places Republic of Korea 21st out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 36.73 billion real chained 2019 US$ | — |
| 1996 | 36.40 billion real chained 2019 US$ | -0.9% |
| 1997 | 36.06 billion real chained 2019 US$ | -0.9% |
| 1998 | 35.70 billion real chained 2019 US$ | -1.0% |
| 1999 | 35.16 billion real chained 2019 US$ | -1.5% |
| 2000 | 34.59 billion real chained 2019 US$ | -1.6% |
| 2001 | 34.09 billion real chained 2019 US$ | -1.5% |
| 2002 | 33.47 billion real chained 2019 US$ | -1.8% |
| 2003 | 32.91 billion real chained 2019 US$ | -1.7% |
| 2004 | 32.33 billion real chained 2019 US$ | -1.8% |
| 2005 | 32.32 billion real chained 2019 US$ | -0.0% |
| 2006 | 32.31 billion real chained 2019 US$ | -0.0% |
| 2007 | 32.30 billion real chained 2019 US$ | -0.0% |
| 2008 | 32.30 billion real chained 2019 US$ | -0.0% |
| 2009 | 32.29 billion real chained 2019 US$ | -0.0% |
| 2010 | 32.28 billion real chained 2019 US$ | -0.0% |
| 2011 | 32.27 billion real chained 2019 US$ | -0.0% |
| 2012 | 32.27 billion real chained 2019 US$ | -0.0% |
| 2013 | 32.26 billion real chained 2019 US$ | -0.0% |
| 2014 | 32.24 billion real chained 2019 US$ | -0.0% |
| 2015 | 32.23 billion real chained 2019 US$ | -0.0% |
| 2016 | 32.22 billion real chained 2019 US$ | -0.0% |
| 2017 | 32.21 billion real chained 2019 US$ | -0.0% |
| 2018 | 32.20 billion real chained 2019 US$ | -0.0% |
| 2019 | 32.19 billion real chained 2019 US$ | -0.0% |
| 2020 | 31.62 billion real chained 2019 US$ | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.01 billion real chained 2019 US$ | 35.16 billion real chained 2019 US$ | 36.73 billion real chained 2019 US$ | 5 |
| 2000s | 32.89 billion real chained 2019 US$ | 32.29 billion real chained 2019 US$ | 34.59 billion real chained 2019 US$ | 10 |
| 2010s | 32.24 billion real chained 2019 US$ | 32.19 billion real chained 2019 US$ | 32.28 billion real chained 2019 US$ | 10 |
| 2020s | 31.62 billion real chained 2019 US$ | 31.62 billion real chained 2019 US$ | 31.62 billion real chained 2019 US$ | 1 |
Countries ranked near Republic of Korea
- 18 Sweden 37.21 billion real chained 2019 US$ compare
- 19 Congo, Democratic Republic of the 35.48 billion real chained 2019 US$ compare
- 20 Philippines 31.65 billion real chained 2019 US$ compare
- 22 Argentina 29.20 billion real chained 2019 US$ compare
- 23 Zambia 28.68 billion real chained 2019 US$ compare
- 24 Ghana 28.67 billion real chained 2019 US$ compare
More reference data data for Republic of Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea?
- Nonrenewable natural capital, metals and minerals, sub-index, total in Republic of Korea was 31.62 billion 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 Republic of Korea?
- The highest recorded value was 36.73 billion real chained 2019 US$ in 1995.
- What is the lowest nonrenewable natural capital, metals and minerals, sub-index, total recorded in Republic of Korea?
- The lowest recorded value was 31.62 billion real chained 2019 US$ in 2020.
- How does Republic of Korea rank for nonrenewable natural capital, metals and minerals, sub-index, total?
- Republic of Korea ranks 21st out of 151 countries with data for 2020.
- Is nonrenewable natural capital, metals and minerals, sub-index, total rising or falling in Republic of Korea?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
- Where does this Republic of Korea 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.
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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.