Nonrenewable natural capital, total in Georgia

Georgia: Nonrenewable natural capital, total was 2.67 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
2.67 billion real chained 2019 US$
Change on year
down 3.3%
World rank
98th
of 150 countries
All-time high
3.96 billion real chained 2019 US$
in 1995
All-time low
2.67 billion real chained 2019 US$
in 2020
Years of data
26
1995–2020

Nonrenewable natural capital, total in Georgia, 1995–2020

01.0B2.0B3.0B4.0B1995200720201995: 4.0B real chained 2019 US$1996: 3.9B real chained 2019 US$1997: 3.9B real chained 2019 US$1998: 3.9B real chained 2019 US$1999: 3.8B real chained 2019 US$2000: 3.8B real chained 2019 US$2001: 3.8B real chained 2019 US$2002: 3.7B real chained 2019 US$2003: 3.7B real chained 2019 US$2004: 3.6B real chained 2019 US$2005: 3.6B real chained 2019 US$2006: 3.6B real chained 2019 US$2007: 3.5B real chained 2019 US$2008: 3.5B real chained 2019 US$2009: 3.4B real chained 2019 US$2010: 3.4B real chained 2019 US$2011: 3.3B real chained 2019 US$2012: 3.2B real chained 2019 US$2013: 3.1B real chained 2019 US$2014: 3.0B real chained 2019 US$2015: 3.0B real chained 2019 US$2016: 2.9B real chained 2019 US$2017: 2.9B real chained 2019 US$2018: 2.8B real chained 2019 US$2019: 2.8B real chained 2019 US$2020: 2.7B real chained 2019 US$

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, total in Georgia stood at 2.67 billion real chained 2019 US$. That is the lowest value across all 26 years on record.

That represents a change of down 3.3% on the previous year and down 20.5% over ten years.

Over the whole period, nonrenewable natural capital, total in Georgia peaked at 3.96 billion real chained 2019 US$ in 1995 and was at its lowest, 2.67 billion real chained 2019 US$, in 2020.

That places Georgia 98th out of 150 countries with data for 2020, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.91 billion real chained 2019 US$ 3.85 billion real chained 2019 US$ 3.96 billion real chained 2019 US$ 5
2000s 3.61 billion real chained 2019 US$ 3.41 billion real chained 2019 US$ 3.81 billion real chained 2019 US$ 10
2010s 3.03 billion real chained 2019 US$ 2.76 billion real chained 2019 US$ 3.36 billion real chained 2019 US$ 10
2020s 2.67 billion real chained 2019 US$ 2.67 billion real chained 2019 US$ 2.67 billion real chained 2019 US$ 1

Countries ranked near Georgia

  1. 95 Nicaragua 3.72 billion real chained 2019 US$ compare
  2. 96 Belarus 3.42 billion real chained 2019 US$ compare
  3. 97 Jamaica 3.24 billion real chained 2019 US$ compare
  4. 99 Croatia 2.47 billion real chained 2019 US$ compare
  5. 100 Madagascar 2.46 billion real chained 2019 US$ compare
  6. 101 Ireland 2.34 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is nonrenewable natural capital, total in Georgia?
Nonrenewable natural capital, total in Georgia was 2.67 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, total recorded in Georgia?
The highest recorded value was 3.96 billion real chained 2019 US$ in 1995.
What is the lowest nonrenewable natural capital, total recorded in Georgia?
The lowest recorded value was 2.67 billion real chained 2019 US$ in 2020.
How does Georgia rank for nonrenewable natural capital, total?
Georgia ranks 98th out of 150 countries with data for 2020.
Is nonrenewable natural capital, total rising or falling in Georgia?
Over the last ten years it is down 20.5%. The long-run trend across the full record is falling.
Where does this Georgia 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, 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

Indicator
Nonrenewable natural capital, total (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.