Nonrenewable natural capital, total in Serbia
Serbia: Nonrenewable natural capital, total was 11.24 billion real chained 2019 US$ in 2020. ▼ Falling
Nonrenewable natural capital, total in Serbia, 2007–2020
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$.
Analysis
In 2020, nonrenewable natural capital, total in Serbia stood at 11.24 billion real chained 2019 US$. That is the lowest value across all 14 years on record.
That represents a change of down 0.4% on the previous year and down 20.9% over ten years.
Over the whole period, nonrenewable natural capital, total in Serbia peaked at 14.37 billion real chained 2019 US$ in 2007 and was at its lowest, 11.24 billion real chained 2019 US$, in 2020.
That places Serbia 69th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Nonrenewable natural capital, total in Serbia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 2007 | 14.37 billion real chained 2019 US$ | — |
| 2008 | 14.28 billion real chained 2019 US$ | -0.6% |
| 2009 | 14.24 billion real chained 2019 US$ | -0.3% |
| 2010 | 14.20 billion real chained 2019 US$ | -0.3% |
| 2011 | 13.98 billion real chained 2019 US$ | -1.5% |
| 2012 | 13.93 billion real chained 2019 US$ | -0.4% |
| 2013 | 13.88 billion real chained 2019 US$ | -0.4% |
| 2014 | 11.45 billion real chained 2019 US$ | -17.5% |
| 2015 | 11.41 billion real chained 2019 US$ | -0.4% |
| 2016 | 11.38 billion real chained 2019 US$ | -0.3% |
| 2017 | 11.35 billion real chained 2019 US$ | -0.3% |
| 2018 | 11.32 billion real chained 2019 US$ | -0.3% |
| 2019 | 11.28 billion real chained 2019 US$ | -0.3% |
| 2020 | 11.24 billion real chained 2019 US$ | -0.4% |
Serbia compared with similar countries
- Serbia's 11.24 billion real chained 2019 US$ is below the median for upper middle income countries, which is 16.20 billion real chained 2019 US$, 69% of the median. (43 countries reporting)
- Serbia's 11.24 billion real chained 2019 US$ is above the median for Europe & Central Asia, which is 4.92 billion real chained 2019 US$, 2.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.30 billion real chained 2019 US$ | 14.24 billion real chained 2019 US$ | 14.37 billion real chained 2019 US$ | 3 |
| 2010s | 12.42 billion real chained 2019 US$ | 11.28 billion real chained 2019 US$ | 14.20 billion real chained 2019 US$ | 10 |
| 2020s | 11.24 billion real chained 2019 US$ | 11.24 billion real chained 2019 US$ | 11.24 billion real chained 2019 US$ | 1 |
Countries ranked near Serbia
- 66 Bulgaria 12.81 billion real chained 2019 US$ compare
- 67 New Zealand 12.14 billion real chained 2019 US$ compare
- 68 Kyrgyzstan 11.84 billion real chained 2019 US$ compare
- 70 Denmark 11.04 billion real chained 2019 US$ compare
- 71 Suriname 10.25 billion real chained 2019 US$ compare
- 72 Japan 10.00 billion real chained 2019 US$ compare
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is nonrenewable natural capital, total in Serbia?
- Nonrenewable natural capital, total in Serbia was 11.24 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 Serbia?
- The highest recorded value was 14.37 billion real chained 2019 US$ in 2007.
- What is the lowest nonrenewable natural capital, total recorded in Serbia?
- The lowest recorded value was 11.24 billion real chained 2019 US$ in 2020.
- How does Serbia rank for nonrenewable natural capital, total?
- Serbia ranks 69th out of 151 countries with data for 2020.
- Is nonrenewable natural capital, total rising or falling in Serbia?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is falling.
- Where does this Serbia 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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CSV · JSON — 14 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.