Renewable natural capital, agricultural land in New Zealand
New Zealand: Renewable natural capital, agricultural land was 183.45 billion real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital, agricultural land 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$.
Analysis
In 2020, renewable natural capital, agricultural land in New Zealand stood at 183.45 billion real chained 2019 US$. That is the lowest value across all 26 years on record.
The figure is down 1.8% on the previous year and down 11.0% over ten years.
Over the whole period, renewable natural capital, agricultural land in New Zealand peaked at 278.56 billion real chained 2019 US$ in 2001 and was at its lowest, 183.45 billion real chained 2019 US$, in 2020.
That places New Zealand 24th out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital, agricultural land in New Zealand, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 270.55 billion real chained 2019 US$ | — |
| 1996 | 269.27 billion real chained 2019 US$ | -0.5% |
| 1997 | 269.25 billion real chained 2019 US$ | -0.0% |
| 1998 | 269.25 billion real chained 2019 US$ | +0.0% |
| 1999 | 269.25 billion real chained 2019 US$ | +0.0% |
| 2000 | 278.47 billion real chained 2019 US$ | +3.4% |
| 2001 | 278.56 billion real chained 2019 US$ | +0.0% |
| 2002 | 218.59 billion real chained 2019 US$ | -21.5% |
| 2003 | 214.24 billion real chained 2019 US$ | -2.0% |
| 2004 | 214.82 billion real chained 2019 US$ | +0.3% |
| 2005 | 211.60 billion real chained 2019 US$ | -1.5% |
| 2006 | 205.51 billion real chained 2019 US$ | -2.9% |
| 2007 | 207.54 billion real chained 2019 US$ | +1.0% |
| 2008 | 205.49 billion real chained 2019 US$ | -1.0% |
| 2009 | 207.59 billion real chained 2019 US$ | +1.0% |
| 2010 | 206.11 billion real chained 2019 US$ | -0.7% |
| 2011 | 205.44 billion real chained 2019 US$ | -0.3% |
| 2012 | 202.52 billion real chained 2019 US$ | -1.4% |
| 2013 | 200.65 billion real chained 2019 US$ | -0.9% |
| 2014 | 200.83 billion real chained 2019 US$ | +0.1% |
| 2015 | 193.53 billion real chained 2019 US$ | -3.6% |
| 2016 | 191.76 billion real chained 2019 US$ | -0.9% |
| 2017 | 192.31 billion real chained 2019 US$ | +0.3% |
| 2018 | 189.67 billion real chained 2019 US$ | -1.4% |
| 2019 | 186.90 billion real chained 2019 US$ | -1.5% |
| 2020 | 183.45 billion real chained 2019 US$ | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 269.52 billion real chained 2019 US$ | 269.25 billion real chained 2019 US$ | 270.55 billion real chained 2019 US$ | 5 |
| 2000s | 224.24 billion real chained 2019 US$ | 205.49 billion real chained 2019 US$ | 278.56 billion real chained 2019 US$ | 10 |
| 2010s | 196.97 billion real chained 2019 US$ | 186.90 billion real chained 2019 US$ | 206.11 billion real chained 2019 US$ | 10 |
| 2020s | 183.45 billion real chained 2019 US$ | 183.45 billion real chained 2019 US$ | 183.45 billion real chained 2019 US$ | 1 |
Countries ranked near New Zealand
- 21 Ghana 195.30 billion real chained 2019 US$ compare
- 22 Morocco 189.97 billion real chained 2019 US$ compare
- 23 Russian Federation 188.72 billion real chained 2019 US$ compare
- 25 South Africa 181.55 billion real chained 2019 US$ compare
- 26 Nepal 179.75 billion real chained 2019 US$ compare
- 27 Argentina 176.10 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 renewable natural capital, agricultural land in New Zealand?
- Renewable natural capital, agricultural land in New Zealand was 183.45 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 New Zealand?
- The highest recorded value was 278.56 billion real chained 2019 US$ in 2001.
- What is the lowest renewable natural capital, agricultural land recorded in New Zealand?
- The lowest recorded value was 183.45 billion real chained 2019 US$ in 2020.
- How does New Zealand rank for renewable natural capital, agricultural land?
- New Zealand ranks 24th out of 151 countries with data for 2020.
- Is renewable natural capital, agricultural land rising or falling in New Zealand?
- Over the last ten years it is down 11.0%. 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 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.