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

Australia: Nonrenewable natural capital per capita, metals and minerals: iron ore was 56,153 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
56,153 real chained 2019 US$
Change on year
up 0.6%
World rank
1st
of 129 countries
All-time high
66,260 real chained 2019 US$
in 2014
All-time low
21,415 real chained 2019 US$
in 2005
Years of data
26
1995–2020

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

20.0k30.0k40.0k50.0k60.0k70.0k1995200720201995: 28.8k real chained 2019 US$1996: 28.5k real chained 2019 US$1997: 28.1k real chained 2019 US$1998: 27.9k real chained 2019 US$1999: 27.6k real chained 2019 US$2000: 27.2k real chained 2019 US$2001: 26.9k real chained 2019 US$2002: 26.6k real chained 2019 US$2003: 26.3k real chained 2019 US$2004: 21.7k real chained 2019 US$2005: 21.4k real chained 2019 US$2006: 22.5k real chained 2019 US$2007: 22.1k real chained 2019 US$2008: 27.1k real chained 2019 US$2009: 31.9k real chained 2019 US$2010: 45.8k real chained 2019 US$2011: 45.1k real chained 2019 US$2012: 44.3k real chained 2019 US$2013: 66.0k real chained 2019 US$2014: 66.3k real chained 2019 US$2015: 62.9k real chained 2019 US$2016: 59.5k real chained 2019 US$2017: 57.5k real chained 2019 US$2018: 57.7k real chained 2019 US$2019: 55.8k real chained 2019 US$2020: 56.2k real chained 2019 US$

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

Analysis

In 2020, nonrenewable natural capital per capita, metals and minerals: iron ore in Australia stood at 56,153 real chained 2019 US$.

Compared with earlier readings it is up 0.6% on the previous year and up 22.7% over ten years.

Over the whole period, nonrenewable natural capital per capita, metals and minerals: iron ore in Australia peaked at 66,260 real chained 2019 US$ in 2014 and was at its lowest, 21,415 real chained 2019 US$, in 2005.

That places Australia 1st out of 129 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

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

Annual values for Nonrenewable natural capital per capita, metals and minerals: iron ore (real chained 2019 US$) in Australia, 1995 to 2020.
Year real chained 2019 US$ Change
1995 28,798 real chained 2019 US$
1996 28,450 real chained 2019 US$ -1.2%
1997 28,144 real chained 2019 US$ -1.1%
1998 27,865 real chained 2019 US$ -1.0%
1999 27,562 real chained 2019 US$ -1.1%
2000 27,248 real chained 2019 US$ -1.1%
2001 26,900 real chained 2019 US$ -1.3%
2002 26,596 real chained 2019 US$ -1.1%
2003 26,292 real chained 2019 US$ -1.1%
2004 21,677 real chained 2019 US$ -17.6%
2005 21,415 real chained 2019 US$ -1.2%
2006 22,536 real chained 2019 US$ +5.2%
2007 22,129 real chained 2019 US$ -1.8%
2008 27,112 real chained 2019 US$ +22.5%
2009 31,871 real chained 2019 US$ +17.6%
2010 45,761 real chained 2019 US$ +43.6%
2011 45,130 real chained 2019 US$ -1.4%
2012 44,348 real chained 2019 US$ -1.7%
2013 66,010 real chained 2019 US$ +48.8%
2014 66,260 real chained 2019 US$ +0.4%
2015 62,894 real chained 2019 US$ -5.1%
2016 59,538 real chained 2019 US$ -5.3%
2017 57,531 real chained 2019 US$ -3.4%
2018 57,696 real chained 2019 US$ +0.3%
2019 55,805 real chained 2019 US$ -3.3%
2020 56,153 real chained 2019 US$ +0.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 28,164 real chained 2019 US$ 27,562 real chained 2019 US$ 28,798 real chained 2019 US$ 5
2000s 25,378 real chained 2019 US$ 21,415 real chained 2019 US$ 31,871 real chained 2019 US$ 10
2010s 56,097 real chained 2019 US$ 44,348 real chained 2019 US$ 66,260 real chained 2019 US$ 10
2020s 56,153 real chained 2019 US$ 56,153 real chained 2019 US$ 56,153 real chained 2019 US$ 1

Countries ranked near Australia

  1. 2 Mongolia 3,314 real chained 2019 US$ compare
  2. 3 Brazil 2,670 real chained 2019 US$ compare
  3. 4 Mauritania 2,409 real chained 2019 US$ compare

See the full ranking of 129 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is nonrenewable natural capital per capita, metals and minerals: iron ore in Australia?
Nonrenewable natural capital per capita, metals and minerals: iron ore in Australia was 56,153 real chained 2019 US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Australia?
The highest recorded value was 66,260 real chained 2019 US$ in 2014.
What is the lowest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Australia?
The lowest recorded value was 21,415 real chained 2019 US$ in 2005.
How does Australia rank for nonrenewable natural capital per capita, metals and minerals: iron ore?
Australia ranks 1st out of 129 countries with data for 2020.
Is nonrenewable natural capital per capita, metals and minerals: iron ore rising or falling in Australia?
Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital per capita, metals and minerals: iron ore (real chained 2019 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Nonrenewable natural capital per capita, 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