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

Norway: Nonrenewable natural capital per capita, metals and minerals: iron ore was 345.7 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
345.7 real chained 2019 US$
Change on year
down 2.5%
World rank
17th
of 129 countries
All-time high
597.25 real chained 2019 US$
in 1995
All-time low
345.7 real chained 2019 US$
in 2020
Years of data
26
1995–2020

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

02004006001995200720201995: 597.2 real chained 2019 US$1996: 587.6 real chained 2019 US$1997: 579.4 real chained 2019 US$1998: 573.7 real chained 2019 US$1999: 566.7 real chained 2019 US$2000: 560.5 real chained 2019 US$2001: 555.1 real chained 2019 US$2002: 549.7 real chained 2019 US$2003: 544.1 real chained 2019 US$2004: 538.5 real chained 2019 US$2005: 532.1 real chained 2019 US$2006: 524.9 real chained 2019 US$2007: 516.7 real chained 2019 US$2008: 507.5 real chained 2019 US$2009: 493.8 real chained 2019 US$2010: 480.3 real chained 2019 US$2011: 459.7 real chained 2019 US$2012: 439 real chained 2019 US$2013: 419.2 real chained 2019 US$2014: 400.1 real chained 2019 US$2015: 380.1 real chained 2019 US$2016: 362.3 real chained 2019 US$2017: 359.4 real chained 2019 US$2018: 357 real chained 2019 US$2019: 354.6 real chained 2019 US$2020: 345.7 real chained 2019 US$

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

Analysis

The most recent figure for nonrenewable natural capital per capita, metals and minerals: iron ore in Norway is 345.7 real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.

The figure is down 2.5% on the previous year and down 28.0% over ten years.

Over the whole period, nonrenewable natural capital per capita, metals and minerals: iron ore in Norway peaked at 597.25 real chained 2019 US$ in 1995 and was at its lowest, 345.7 real chained 2019 US$, in 2020.

That places Norway 17th out of 129 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 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 (real chained 2019 US$) in Norway, 1995 to 2020.
Year real chained 2019 US$ Change
1995 597.25 real chained 2019 US$
1996 587.59 real chained 2019 US$ -1.6%
1997 579.39 real chained 2019 US$ -1.4%
1998 573.7 real chained 2019 US$ -1.0%
1999 566.7 real chained 2019 US$ -1.2%
2000 560.54 real chained 2019 US$ -1.1%
2001 555.11 real chained 2019 US$ -1.0%
2002 549.74 real chained 2019 US$ -1.0%
2003 544.09 real chained 2019 US$ -1.0%
2004 538.53 real chained 2019 US$ -1.0%
2005 532.08 real chained 2019 US$ -1.2%
2006 524.94 real chained 2019 US$ -1.3%
2007 516.69 real chained 2019 US$ -1.6%
2008 507.48 real chained 2019 US$ -1.8%
2009 493.81 real chained 2019 US$ -2.7%
2010 480.28 real chained 2019 US$ -2.7%
2011 459.74 real chained 2019 US$ -4.3%
2012 438.99 real chained 2019 US$ -4.5%
2013 419.17 real chained 2019 US$ -4.5%
2014 400.14 real chained 2019 US$ -4.5%
2015 380.14 real chained 2019 US$ -5.0%
2016 362.29 real chained 2019 US$ -4.7%
2017 359.37 real chained 2019 US$ -0.8%
2018 357.01 real chained 2019 US$ -0.7%
2019 354.61 real chained 2019 US$ -0.7%
2020 345.7 real chained 2019 US$ -2.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 580.93 real chained 2019 US$ 566.7 real chained 2019 US$ 597.25 real chained 2019 US$ 5
2000s 532.3 real chained 2019 US$ 493.81 real chained 2019 US$ 560.54 real chained 2019 US$ 10
2010s 401.17 real chained 2019 US$ 354.61 real chained 2019 US$ 480.28 real chained 2019 US$ 10
2020s 345.7 real chained 2019 US$ 345.7 real chained 2019 US$ 345.7 real chained 2019 US$ 1

Countries ranked near Norway

  1. 14 Bosnia and Herzegovina 489.29 real chained 2019 US$ compare
  2. 15 Chile 433.11 real chained 2019 US$ compare
  3. 16 Austria 385.86 real chained 2019 US$ compare
  4. 18 Peru 297.4 real chained 2019 US$ compare
  5. 19 Türkiye 217.16 real chained 2019 US$ compare
  6. 20 India 196.53 real chained 2019 US$ compare

See the full ranking of 129 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 345.7 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 Norway?
The highest recorded value was 597.25 real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital per capita, metals and minerals: iron ore recorded in Norway?
The lowest recorded value was 345.7 real chained 2019 US$ in 2020.
How does Norway rank for nonrenewable natural capital per capita, metals and minerals: iron ore?
Norway ranks 17th out of 129 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 28.0%. The long-run trend across the full record is falling.
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 (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