Renewable natural capital, nonwood forest protection ecosystem service in Australia

Australia: Renewable natural capital, nonwood forest protection ecosystem service was 25.05 billion current US$ in 2020. ▲ Rising

Latest (2020)
25.05 billion current US$
Change on year
up 1.5%
World rank
5th
of 148 countries
All-time high
25.05 billion current US$
in 2020
All-time low
15.63 billion current US$
in 1995
Years of data
26
1995–2020

Renewable natural capital, nonwood forest protection ecosystem service in Australia, 1995–2020

010.0B20.0B30.0B1995200720201995: 15.6B current US$1996: 15.9B current US$1997: 16.2B current US$1998: 16.5B current US$1999: 16.8B current US$2000: 17.2B current US$2001: 18.1B current US$2002: 19.0B current US$2003: 20.0B current US$2004: 21.2B current US$2005: 22.5B current US$2006: 22.4B current US$2007: 22.2B current US$2008: 21.9B current US$2009: 21.3B current US$2010: 20.7B current US$2011: 21.3B current US$2012: 21.8B current US$2013: 22.3B current US$2014: 22.8B current US$2015: 23.1B current US$2016: 23.3B current US$2017: 23.7B current US$2018: 24.3B current US$2019: 24.7B current US$2020: 25.0B current US$

Source: World Bank. Measured in current US$.

Analysis

Australia recorded 25.05 billion current US$ for renewable natural capital, nonwood forest protection ecosystem service in 2020. That is the highest value across all 26 years on record.

That represents a change of up 1.5% on the previous year and up 20.8% over ten years.

Over the whole period, renewable natural capital, nonwood forest protection ecosystem service in Australia peaked at 25.05 billion current US$ in 2020 and was at its lowest, 15.63 billion current US$, in 1995.

That places Australia 5th out of 148 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.19 billion current US$ 15.63 billion current US$ 16.78 billion current US$ 5
2000s 20.58 billion current US$ 17.23 billion current US$ 22.52 billion current US$ 10
2010s 22.79 billion current US$ 20.73 billion current US$ 24.68 billion current US$ 10
2020s 25.05 billion current US$ 25.05 billion current US$ 25.05 billion current US$ 1

Countries ranked near Australia

  1. 2 Brazil 79.55 billion current US$ compare
  2. 3 United States 65.69 billion current US$ compare
  3. 4 Russia 50.80 billion current US$ compare
  4. 6 India 24.49 billion current US$ compare
  5. 7 Canada 19.91 billion current US$ compare
  6. 8 Indonesia 18.60 billion current US$ compare

See the full ranking of 149 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is renewable natural capital, nonwood forest protection ecosystem service in Australia?
Renewable natural capital, nonwood forest protection ecosystem service in Australia was 25.05 billion current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, nonwood forest protection ecosystem service recorded in Australia?
The highest recorded value was 25.05 billion current US$ in 2020.
What is the lowest renewable natural capital, nonwood forest protection ecosystem service recorded in Australia?
The lowest recorded value was 15.63 billion current US$ in 1995.
How does Australia rank for renewable natural capital, nonwood forest protection ecosystem service?
Australia ranks 5th out of 148 countries with data for 2020.
Is renewable natural capital, nonwood forest protection ecosystem service rising or falling in Australia?
Over the last ten years it is up 20.8%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from the World Bank, published as part of Renewable natural capital, nonwood forest protection ecosystem services (current 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

Indicator
Renewable natural capital, nonwood forest protection ecosystem services (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 3,833 data points, 1995–2020
Last refreshed