Nonrenewable natural capital, total in New Zealand
New Zealand: Nonrenewable natural capital, total was 12.14 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, total in New Zealand, 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$.
Analysis
The most recent figure for nonrenewable natural capital, total in New Zealand is 12.14 billion real chained 2019 US$, measured in 2020.
Compared with earlier readings it is down 2.5% on the previous year and up 30.1% over ten years.
Over the whole period, nonrenewable natural capital, total in New Zealand peaked at 19.37 billion real chained 2019 US$ in 2003 and was at its lowest, 8.90 billion real chained 2019 US$, in 2007.
That places New Zealand 67th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Nonrenewable natural capital, total in New Zealand, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 16.95 billion real chained 2019 US$ | — |
| 1996 | 15.17 billion real chained 2019 US$ | -10.5% |
| 1997 | 15.18 billion real chained 2019 US$ | +0.1% |
| 1998 | 16.11 billion real chained 2019 US$ | +6.1% |
| 1999 | 15.40 billion real chained 2019 US$ | -4.4% |
| 2000 | 15.35 billion real chained 2019 US$ | -0.3% |
| 2001 | 15.34 billion real chained 2019 US$ | -0.1% |
| 2002 | 12.68 billion real chained 2019 US$ | -17.3% |
| 2003 | 19.37 billion real chained 2019 US$ | +52.8% |
| 2004 | 10.02 billion real chained 2019 US$ | -48.3% |
| 2005 | 9.55 billion real chained 2019 US$ | -4.7% |
| 2006 | 8.91 billion real chained 2019 US$ | -6.6% |
| 2007 | 8.90 billion real chained 2019 US$ | -0.1% |
| 2008 | 9.14 billion real chained 2019 US$ | +2.6% |
| 2009 | 9.44 billion real chained 2019 US$ | +3.3% |
| 2010 | 9.34 billion real chained 2019 US$ | -1.1% |
| 2011 | 10.19 billion real chained 2019 US$ | +9.2% |
| 2012 | 9.41 billion real chained 2019 US$ | -7.7% |
| 2013 | 9.28 billion real chained 2019 US$ | -1.4% |
| 2014 | 12.70 billion real chained 2019 US$ | +36.9% |
| 2015 | 14.22 billion real chained 2019 US$ | +12.0% |
| 2016 | 13.75 billion real chained 2019 US$ | -3.4% |
| 2017 | 13.45 billion real chained 2019 US$ | -2.1% |
| 2018 | 13.13 billion real chained 2019 US$ | -2.4% |
| 2019 | 12.45 billion real chained 2019 US$ | -5.2% |
| 2020 | 12.14 billion real chained 2019 US$ | -2.5% |
New Zealand compared with similar countries
- New Zealand's 12.14 billion real chained 2019 US$ is above the median for high income countries, which is 9.35 billion real chained 2019 US$, 1.3× the median. (51 countries reporting)
- New Zealand's 12.14 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 38.51 billion real chained 2019 US$, 32% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, total in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +52.8% | 12.68 billion real chained 2019 US$ | 19.37 billion real chained 2019 US$ |
| 2004 | -48.3% | 19.37 billion real chained 2019 US$ | 10.02 billion real chained 2019 US$ |
| 2014 | +36.9% | 9.28 billion real chained 2019 US$ | 12.70 billion real chained 2019 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.76 billion real chained 2019 US$ | 15.17 billion real chained 2019 US$ | 16.95 billion real chained 2019 US$ | 5 |
| 2000s | 11.87 billion real chained 2019 US$ | 8.90 billion real chained 2019 US$ | 19.37 billion real chained 2019 US$ | 10 |
| 2010s | 11.79 billion real chained 2019 US$ | 9.28 billion real chained 2019 US$ | 14.22 billion real chained 2019 US$ | 10 |
| 2020s | 12.14 billion real chained 2019 US$ | 12.14 billion real chained 2019 US$ | 12.14 billion real chained 2019 US$ | 1 |
Countries ranked near New Zealand
- 64 Netherlands 13.51 billion real chained 2019 US$ compare
- 65 Kuwait 12.86 billion real chained 2019 US$ compare
- 66 Bulgaria 12.81 billion real chained 2019 US$ compare
- 68 Kyrgyzstan 11.84 billion real chained 2019 US$ compare
- 69 Serbia 11.24 billion real chained 2019 US$ compare
- 70 Denmark 11.04 billion real chained 2019 US$ compare
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
Frequently asked questions
- What is nonrenewable natural capital, total in New Zealand?
- Nonrenewable natural capital, total in New Zealand was 12.14 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 New Zealand?
- The highest recorded value was 19.37 billion real chained 2019 US$ in 2003.
- What is the lowest nonrenewable natural capital, total recorded in New Zealand?
- The lowest recorded value was 8.90 billion real chained 2019 US$ in 2007.
- How does New Zealand rank for nonrenewable natural capital, total?
- New Zealand ranks 67th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, total rising or falling in New Zealand?
- Over the last ten years it is up 30.1%. The long-run trend across the full record is falling.
- Where does this New Zealand 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.