Nonrenewable natural capital, total in Philippines
Philippines: Nonrenewable natural capital, total was 43.75 billion real chained 2019 US$ in 2020. ▲ Rising
Nonrenewable natural capital, total in Philippines, 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$.
Analysis
Philippines recorded 43.75 billion real chained 2019 US$ for nonrenewable natural capital, total in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 50.6% over ten years.
Over the whole period, nonrenewable natural capital, total in Philippines peaked at 43.75 billion real chained 2019 US$ in 2020 and was at its lowest, 28.12 billion real chained 2019 US$, in 2000.
That places Philippines 36th out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Nonrenewable natural capital, total in Philippines, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 37.27 billion real chained 2019 US$ | — |
| 1996 | 30.82 billion real chained 2019 US$ | -17.3% |
| 1997 | 30.17 billion real chained 2019 US$ | -2.1% |
| 1998 | 29.48 billion real chained 2019 US$ | -2.3% |
| 1999 | 28.75 billion real chained 2019 US$ | -2.5% |
| 2000 | 28.12 billion real chained 2019 US$ | -2.2% |
| 2001 | 31.04 billion real chained 2019 US$ | +10.4% |
| 2002 | 31.59 billion real chained 2019 US$ | +1.7% |
| 2003 | 31.23 billion real chained 2019 US$ | -1.1% |
| 2004 | 29.90 billion real chained 2019 US$ | -4.3% |
| 2005 | 30.94 billion real chained 2019 US$ | +3.5% |
| 2006 | 31.15 billion real chained 2019 US$ | +0.7% |
| 2007 | 30.09 billion real chained 2019 US$ | -3.4% |
| 2008 | 29.67 billion real chained 2019 US$ | -1.4% |
| 2009 | 29.63 billion real chained 2019 US$ | -0.1% |
| 2010 | 29.04 billion real chained 2019 US$ | -2.0% |
| 2011 | 28.73 billion real chained 2019 US$ | -1.1% |
| 2012 | 28.17 billion real chained 2019 US$ | -1.9% |
| 2013 | 35.21 billion real chained 2019 US$ | +25.0% |
| 2014 | 35.10 billion real chained 2019 US$ | -0.3% |
| 2015 | 43.01 billion real chained 2019 US$ | +22.5% |
| 2016 | 43.40 billion real chained 2019 US$ | +0.9% |
| 2017 | 41.82 billion real chained 2019 US$ | -3.6% |
| 2018 | 43.03 billion real chained 2019 US$ | +2.9% |
| 2019 | 43.04 billion real chained 2019 US$ | +0.0% |
| 2020 | 43.75 billion real chained 2019 US$ | +1.7% |
Philippines compared with similar countries
- Philippines's 43.75 billion real chained 2019 US$ is above the median for upper middle income countries, which is 16.20 billion real chained 2019 US$, 2.7× the median. (43 countries reporting)
- Philippines's 43.75 billion real chained 2019 US$ is above the median for East Asia & Pacific, which is 38.51 billion real chained 2019 US$, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.30 billion real chained 2019 US$ | 28.75 billion real chained 2019 US$ | 37.27 billion real chained 2019 US$ | 5 |
| 2000s | 30.34 billion real chained 2019 US$ | 28.12 billion real chained 2019 US$ | 31.59 billion real chained 2019 US$ | 10 |
| 2010s | 37.06 billion real chained 2019 US$ | 28.17 billion real chained 2019 US$ | 43.40 billion real chained 2019 US$ | 10 |
| 2020s | 43.75 billion real chained 2019 US$ | 43.75 billion real chained 2019 US$ | 43.75 billion real chained 2019 US$ | 1 |
Countries ranked near Philippines
- 33 Ecuador 50.34 billion real chained 2019 US$ compare
- 34 Turkey 47.96 billion real chained 2019 US$ compare
- 35 Pakistan 44.38 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
- 39 South Korea 33.27 billion real chained 2019 US$ compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is nonrenewable natural capital, total in Philippines?
- Nonrenewable natural capital, total in Philippines was 43.75 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 Philippines?
- The highest recorded value was 43.75 billion real chained 2019 US$ in 2020.
- What is the lowest nonrenewable natural capital, total recorded in Philippines?
- The lowest recorded value was 28.12 billion real chained 2019 US$ in 2000.
- How does Philippines rank for nonrenewable natural capital, total?
- Philippines ranks 36th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, total rising or falling in Philippines?
- Over the last ten years it is up 50.6%. The long-run trend across the full record is rising.
- Where does this Philippines 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.
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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.