Nonrenewable natural capital, total in South Korea
South Korea: Nonrenewable natural capital, total was 33.27 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, total in South 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$.
Analysis
South Korea recorded 33.27 billion real chained 2019 US$ for nonrenewable natural capital, total in 2020. That is the lowest value across all 26 years on record.
The figure is down 1.1% on the previous year and down 15.7% over ten years.
Over the whole period, nonrenewable natural capital, total in South Korea peaked at 93.25 billion real chained 2019 US$ in 1995 and was at its lowest, 33.27 billion real chained 2019 US$, in 2020.
South Korea ranks 39th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, total in South Korea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 93.25 billion real chained 2019 US$ | — |
| 1996 | 87.28 billion real chained 2019 US$ | -6.4% |
| 1997 | 80.93 billion real chained 2019 US$ | -7.3% |
| 1998 | 72.54 billion real chained 2019 US$ | -10.4% |
| 1999 | 65.55 billion real chained 2019 US$ | -9.6% |
| 2000 | 57.91 billion real chained 2019 US$ | -11.6% |
| 2001 | 60.13 billion real chained 2019 US$ | +3.8% |
| 2002 | 52.36 billion real chained 2019 US$ | -12.9% |
| 2003 | 40.24 billion real chained 2019 US$ | -23.1% |
| 2004 | 33.38 billion real chained 2019 US$ | -17.1% |
| 2005 | 44.71 billion real chained 2019 US$ | +34.0% |
| 2006 | 43.67 billion real chained 2019 US$ | -2.3% |
| 2007 | 43.09 billion real chained 2019 US$ | -1.3% |
| 2008 | 41.52 billion real chained 2019 US$ | -3.6% |
| 2009 | 40.54 billion real chained 2019 US$ | -2.4% |
| 2010 | 39.47 billion real chained 2019 US$ | -2.6% |
| 2011 | 38.89 billion real chained 2019 US$ | -1.5% |
| 2012 | 38.06 billion real chained 2019 US$ | -2.1% |
| 2013 | 36.37 billion real chained 2019 US$ | -4.4% |
| 2014 | 37.50 billion real chained 2019 US$ | +3.1% |
| 2015 | 36.46 billion real chained 2019 US$ | -2.8% |
| 2016 | 35.62 billion real chained 2019 US$ | -2.3% |
| 2017 | 34.88 billion real chained 2019 US$ | -2.1% |
| 2018 | 34.10 billion real chained 2019 US$ | -2.2% |
| 2019 | 33.65 billion real chained 2019 US$ | -1.3% |
| 2020 | 33.27 billion real chained 2019 US$ | -1.1% |
South Korea compared with similar countries
- South Korea's 33.27 billion real chained 2019 US$ is above the median for high income countries, which is 9.35 billion real chained 2019 US$, 3.6× the median. (51 countries reporting)
- South Korea's 33.27 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 38.51 billion real chained 2019 US$, 86% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, total in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +34.0% | 33.38 billion real chained 2019 US$ | 44.71 billion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.91 billion real chained 2019 US$ | 65.55 billion real chained 2019 US$ | 93.25 billion real chained 2019 US$ | 5 |
| 2000s | 45.75 billion real chained 2019 US$ | 33.38 billion real chained 2019 US$ | 60.13 billion real chained 2019 US$ | 10 |
| 2010s | 36.50 billion real chained 2019 US$ | 33.65 billion real chained 2019 US$ | 39.47 billion real chained 2019 US$ | 10 |
| 2020s | 33.27 billion real chained 2019 US$ | 33.27 billion real chained 2019 US$ | 33.27 billion real chained 2019 US$ | 1 |
Countries ranked near South Korea
- 36 Philippines 43.75 billion real chained 2019 US$ compare
- 37 Democratic Republic of Congo 40.59 billion real chained 2019 US$ compare
- 38 Sweden 37.16 billion real chained 2019 US$ compare
- 40 Saudi Arabia 33.11 billion real chained 2019 US$ compare
- 41 Germany 32.89 billion real chained 2019 US$ compare
- 42 Argentina 32.64 billion real chained 2019 US$ compare
More reference data data for South 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, total in South Korea?
- Nonrenewable natural capital, total in South Korea was 33.27 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 South Korea?
- The highest recorded value was 93.25 billion real chained 2019 US$ in 1995.
- What is the lowest nonrenewable natural capital, total recorded in South Korea?
- The lowest recorded value was 33.27 billion real chained 2019 US$ in 2020.
- How does South Korea rank for nonrenewable natural capital, total?
- South Korea ranks 39th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, total rising or falling in South Korea?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this South 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, 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
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.