Nonrenewable natural capital per capita, metals and minerals: iron ore in Norway

Norway: Nonrenewable natural capital per capita, metals and minerals: iron ore was 456.35 current US$ in 2020. ◆ Volatile

Latest (2020)
456.35 current US$
Change on year
up 28.7%
World rank
18th
of 57 countries
All-time high
1,402 current US$
in 2011
All-time low
20.2 current US$
in 2003
Years of data
23
1995–2020

Nonrenewable natural capital per capita, metals and minerals: iron ore in Norway, 1995–2020

05001.0k1.5k1995200720201995: 98.7 current US$1996: 56.9 current US$1997: 26.1 current US$1998: 46.5 current US$1999: 34.8 current US$2000: 39.1 current US$2001: 22.6 current US$2002: 21.6 current US$2003: 20.2 current US$2004: 33.9 current US$2005: 107.8 current US$2006: 111.1 current US$2007: 270.1 current US$2008: 878.6 current US$2009: 313.8 current US$2010: 1.2k current US$2011: 1.4k current US$2012: 868.4 current US$2013: 905 current US$2014: 546.3 current US$2015: 234.6 current US$2019: 354.6 current US$2020: 456.3 current US$

Source: World Bank. Measured in current US$.

Analysis

Norway recorded 456.35 current US$ for nonrenewable natural capital per capita, metals and minerals: iron ore in 2020.

Compared with earlier readings it is up 28.7% on the previous year and down 62.3% over ten years.

Over the whole period, nonrenewable natural capital per capita, metals and minerals: iron ore in Norway peaked at 1,402 current US$ in 2011 and was at its lowest, 20.2 current US$, in 2003.

That places Norway 18th out of 57 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Nonrenewable natural capital per capita, metals and minerals: iron ore in Norway, year by year

Annual values for Nonrenewable natural capital per capita, metals and minerals: iron ore (current US$) in Norway, 1995 to 2020.
Year current US$ Change
1995 98.74 current US$
1996 56.85 current US$ -42.4%
1997 26.15 current US$ -54.0%
1998 46.53 current US$ +77.9%
1999 34.76 current US$ -25.3%
2000 39.14 current US$ +12.6%
2001 22.61 current US$ -42.2%
2002 21.59 current US$ -4.5%
2003 20.2 current US$ -6.4%
2004 33.88 current US$ +67.7%
2005 107.76 current US$ +218.1%
2006 111.09 current US$ +3.1%
2007 270.11 current US$ +143.1%
2008 878.63 current US$ +225.3%
2009 313.81 current US$ -64.3%
2010 1,211 current US$ +285.9%
2011 1,402 current US$ +15.8%
2012 868.41 current US$ -38.1%
2013 904.96 current US$ +4.2%
2014 546.31 current US$ -39.6%
2015 234.63 current US$ -57.1%
2019 354.61 current US$ +51.1%
2020 456.35 current US$ +28.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.61 current US$ 26.15 current US$ 98.74 current US$ 5
2000s 181.88 current US$ 20.2 current US$ 878.63 current US$ 10
2010s 788.88 current US$ 234.63 current US$ 1,402 current US$ 7
2020s 456.35 current US$ 456.35 current US$ 456.35 current US$ 1

Countries ranked near Norway

  1. 15 Bosnia and Herzegovina 681.08 current US$ compare
  2. 16 South Africa 630.64 current US$ compare
  3. 17 Austria 479.93 current US$ compare
  4. 19 Peru 377.18 current US$ compare
  5. 20 Türkiye 292.51 current US$ compare
  6. 21 Malaysia 252.52 current US$ compare

See the full ranking of 57 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is nonrenewable natural capital per capita, metals and minerals: iron ore in Norway?
Nonrenewable natural capital per capita, metals and minerals: iron ore in Norway was 456.35 current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Norway?
The highest recorded value was 1,402 current US$ in 2011.
What is the lowest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Norway?
The lowest recorded value was 20.2 current US$ in 2003.
How does Norway rank for nonrenewable natural capital per capita, metals and minerals: iron ore?
Norway ranks 18th out of 57 countries with data for 2020.
Is nonrenewable natural capital per capita, metals and minerals: iron ore rising or falling in Norway?
Over the last ten years it is down 62.3%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital per capita, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, metals and minerals: iron ore in Norway. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-metals-and-minerals-iron-ore-current-us/norway/

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About this data

Indicator
Nonrenewable natural capital per capita, 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