Renewable natural capital, agricultural land in Australia
Australia: Renewable natural capital, agricultural land was 500.47 billion real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital, agricultural land in Australia, 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$.
Analysis
In 2020, renewable natural capital, agricultural land in Australia stood at 500.47 billion real chained 2019 US$.
The figure is down 1.8% on the previous year and down 5.5% over ten years.
Over the whole period, renewable natural capital, agricultural land in Australia peaked at 654.44 billion real chained 2019 US$ in 1996 and was at its lowest, 481.94 billion real chained 2019 US$, in 2016.
Australia ranks 9th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 649.45 billion real chained 2019 US$ | 638.21 billion real chained 2019 US$ | 654.44 billion real chained 2019 US$ | 5 |
| 2000s | 588.56 billion real chained 2019 US$ | 540.53 billion real chained 2019 US$ | 641.03 billion real chained 2019 US$ | 10 |
| 2010s | 519.03 billion real chained 2019 US$ | 481.94 billion real chained 2019 US$ | 557.22 billion real chained 2019 US$ | 10 |
| 2020s | 500.47 billion real chained 2019 US$ | 500.47 billion real chained 2019 US$ | 500.47 billion real chained 2019 US$ | 1 |
Countries ranked near Australia
- 6 Egypt 780.10 billion real chained 2019 US$ compare
- 7 Pakistan 744.05 billion real chained 2019 US$ compare
- 8 Thailand 566.09 billion real chained 2019 US$ compare
- 10 Türkiye 495.05 billion real chained 2019 US$ compare
- 11 Bangladesh 446.80 billion real chained 2019 US$ compare
- 12 Iran 426.63 billion real chained 2019 US$ compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is renewable natural capital, agricultural land in Australia?
- Renewable natural capital, agricultural land in Australia was 500.47 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 renewable natural capital, agricultural land recorded in Australia?
- The highest recorded value was 654.44 billion real chained 2019 US$ in 1996.
- What is the lowest renewable natural capital, agricultural land recorded in Australia?
- The lowest recorded value was 481.94 billion real chained 2019 US$ in 2016.
- How does Australia rank for renewable natural capital, agricultural land?
- Australia ranks 9th out of 151 countries with data for 2020.
- Is renewable natural capital, agricultural land rising or falling in Australia?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
- Where does this Australia 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 Renewable natural capital, agricultural land (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.