Renewable natural capital per capita, timber in Australia
Australia: Renewable natural capital per capita, timber was 2,291 real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital per capita, timber 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$.
Analysis
The most recent figure for renewable natural capital per capita, timber in Australia is 2,291 real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.
The figure is down 1.1% on the previous year and down 11.1% over ten years.
Over the whole period, renewable natural capital per capita, timber in Australia peaked at 3,235 real chained 2019 US$ in 1995 and was at its lowest, 2,291 real chained 2019 US$, in 2020.
Australia ranks 14th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital per capita, timber in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 3,235 real chained 2019 US$ | — |
| 1996 | 3,191 real chained 2019 US$ | -1.4% |
| 1997 | 3,152 real chained 2019 US$ | -1.2% |
| 1998 | 3,115 real chained 2019 US$ | -1.1% |
| 1999 | 3,077 real chained 2019 US$ | -1.2% |
| 2000 | 3,037 real chained 2019 US$ | -1.3% |
| 2001 | 2,993 real chained 2019 US$ | -1.4% |
| 2002 | 2,954 real chained 2019 US$ | -1.3% |
| 2003 | 2,915 real chained 2019 US$ | -1.3% |
| 2004 | 2,879 real chained 2019 US$ | -1.2% |
| 2005 | 2,840 real chained 2019 US$ | -1.4% |
| 2006 | 2,797 real chained 2019 US$ | -1.5% |
| 2007 | 2,741 real chained 2019 US$ | -2.0% |
| 2008 | 2,682 real chained 2019 US$ | -2.2% |
| 2009 | 2,623 real chained 2019 US$ | -2.2% |
| 2010 | 2,578 real chained 2019 US$ | -1.7% |
| 2011 | 2,556 real chained 2019 US$ | -0.8% |
| 2012 | 2,526 real chained 2019 US$ | -1.2% |
| 2013 | 2,496 real chained 2019 US$ | -1.2% |
| 2014 | 2,472 real chained 2019 US$ | -0.9% |
| 2015 | 2,450 real chained 2019 US$ | -0.9% |
| 2016 | 2,415 real chained 2019 US$ | -1.4% |
| 2017 | 2,379 real chained 2019 US$ | -1.5% |
| 2018 | 2,347 real chained 2019 US$ | -1.4% |
| 2019 | 2,316 real chained 2019 US$ | -1.3% |
| 2020 | 2,291 real chained 2019 US$ | -1.1% |
Australia compared with similar countries
- Australia's 2,291 real chained 2019 US$ is above the median for high income countries, which is 365.49 real chained 2019 US$, 6.3× the median. (51 countries reporting)
- Australia's 2,291 real chained 2019 US$ is above the median for East Asia & Pacific, which is 505.5 real chained 2019 US$, 4.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,154 real chained 2019 US$ | 3,077 real chained 2019 US$ | 3,235 real chained 2019 US$ | 5 |
| 2000s | 2,846 real chained 2019 US$ | 2,623 real chained 2019 US$ | 3,037 real chained 2019 US$ | 10 |
| 2010s | 2,454 real chained 2019 US$ | 2,316 real chained 2019 US$ | 2,578 real chained 2019 US$ | 10 |
| 2020s | 2,291 real chained 2019 US$ | 2,291 real chained 2019 US$ | 2,291 real chained 2019 US$ | 1 |
Countries ranked near Australia
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, timber in Australia?
- Renewable natural capital per capita, timber in Australia was 2,291 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, timber recorded in Australia?
- The highest recorded value was 3,235 real chained 2019 US$ in 1995.
- What is the lowest renewable natural capital per capita, timber recorded in Australia?
- The lowest recorded value was 2,291 real chained 2019 US$ in 2020.
- How does Australia rank for renewable natural capital per capita, timber?
- Australia ranks 14th out of 151 countries with data for 2020.
- Is renewable natural capital per capita, timber rising or falling in Australia?
- Over the last ten years it is down 11.1%. 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, timber (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.