Renewable natural capital per capita, agricultural land in Australia
Australia: Renewable natural capital per capita, agricultural land was 19,512 real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital per capita, 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$.
Analysis
In 2020, renewable natural capital per capita, agricultural land in Australia stood at 19,512 real chained 2019 US$. That is the lowest value across all 26 years on record.
The figure is down 3.1% on the previous year and down 18.8% over ten years.
Over the whole period, renewable natural capital per capita, agricultural land in Australia peaked at 36,204 real chained 2019 US$ in 1995 and was at its lowest, 19,512 real chained 2019 US$, in 2020.
That places Australia 2nd out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital per capita, agricultural land in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 36,204 real chained 2019 US$ | — |
| 1996 | 35,909 real chained 2019 US$ | -0.8% |
| 1997 | 35,294 real chained 2019 US$ | -1.7% |
| 1998 | 35,068 real chained 2019 US$ | -0.6% |
| 1999 | 33,925 real chained 2019 US$ | -3.3% |
| 2000 | 33,670 real chained 2019 US$ | -0.8% |
| 2001 | 33,258 real chained 2019 US$ | -1.2% |
| 2002 | 32,254 real chained 2019 US$ | -3.0% |
| 2003 | 31,350 real chained 2019 US$ | -2.8% |
| 2004 | 27,869 real chained 2019 US$ | -11.1% |
| 2005 | 28,601 real chained 2019 US$ | +2.6% |
| 2006 | 28,153 real chained 2019 US$ | -1.6% |
| 2007 | 26,905 real chained 2019 US$ | -4.4% |
| 2008 | 25,771 real chained 2019 US$ | -4.2% |
| 2009 | 24,919 real chained 2019 US$ | -3.3% |
| 2010 | 24,031 real chained 2019 US$ | -3.6% |
| 2011 | 24,943 real chained 2019 US$ | +3.8% |
| 2012 | 23,951 real chained 2019 US$ | -4.0% |
| 2013 | 22,612 real chained 2019 US$ | -5.6% |
| 2014 | 22,436 real chained 2019 US$ | -0.8% |
| 2015 | 20,562 real chained 2019 US$ | -8.4% |
| 2016 | 19,922 real chained 2019 US$ | -3.1% |
| 2017 | 21,269 real chained 2019 US$ | +6.8% |
| 2018 | 20,224 real chained 2019 US$ | -4.9% |
| 2019 | 20,126 real chained 2019 US$ | -0.5% |
| 2020 | 19,512 real chained 2019 US$ | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35,280 real chained 2019 US$ | 33,925 real chained 2019 US$ | 36,204 real chained 2019 US$ | 5 |
| 2000s | 29,275 real chained 2019 US$ | 24,919 real chained 2019 US$ | 33,670 real chained 2019 US$ | 10 |
| 2010s | 22,008 real chained 2019 US$ | 19,922 real chained 2019 US$ | 24,943 real chained 2019 US$ | 10 |
| 2020s | 19,512 real chained 2019 US$ | 19,512 real chained 2019 US$ | 19,512 real chained 2019 US$ | 1 |
Countries ranked near Australia
- 1 New Zealand 36,040 real chained 2019 US$ compare
- 3 Lao People's Democratic Republic 18,564 real chained 2019 US$ compare
- 4 Papua New Guinea 13,127 real chained 2019 US$ compare
- 5 Guyana 10,510 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 per capita, agricultural land in Australia?
- Renewable natural capital per capita, agricultural land in Australia was 19,512 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 per capita, agricultural land recorded in Australia?
- The highest recorded value was 36,204 real chained 2019 US$ in 1995.
- What is the lowest renewable natural capital per capita, agricultural land recorded in Australia?
- The lowest recorded value was 19,512 real chained 2019 US$ in 2020.
- How does Australia rank for renewable natural capital per capita, agricultural land?
- Australia ranks 2nd out of 151 countries with data for 2020.
- Is renewable natural capital per capita, agricultural land rising or falling in Australia?
- Over the last ten years it is down 18.8%. 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 per capita, 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.