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

Latest (2020)
2,291 real chained 2019 US$
Change on year
down 1.1%
World rank
14th
of 150 countries
All-time high
3,235 real chained 2019 US$
in 1995
All-time low
2,291 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Renewable natural capital per capita, timber in Australia, 1995–2020

01.0k2.0k3.0k1995200720201995: 3.2k real chained 2019 US$1996: 3.2k real chained 2019 US$1997: 3.2k real chained 2019 US$1998: 3.1k real chained 2019 US$1999: 3.1k real chained 2019 US$2000: 3.0k real chained 2019 US$2001: 3.0k real chained 2019 US$2002: 3.0k real chained 2019 US$2003: 2.9k real chained 2019 US$2004: 2.9k real chained 2019 US$2005: 2.8k real chained 2019 US$2006: 2.8k real chained 2019 US$2007: 2.7k real chained 2019 US$2008: 2.7k real chained 2019 US$2009: 2.6k real chained 2019 US$2010: 2.6k real chained 2019 US$2011: 2.6k real chained 2019 US$2012: 2.5k real chained 2019 US$2013: 2.5k real chained 2019 US$2014: 2.5k real chained 2019 US$2015: 2.5k real chained 2019 US$2016: 2.4k real chained 2019 US$2017: 2.4k real chained 2019 US$2018: 2.3k real chained 2019 US$2019: 2.3k real chained 2019 US$2020: 2.3k real chained 2019 US$

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 150 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

DecadeAverage LowestHighest 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

  1. 11 Chile 2,690 real chained 2019 US$ compare
  2. 12 Sweden 2,679 real chained 2019 US$ compare
  3. 13 Costa Rica 2,323 real chained 2019 US$ compare
  4. 15 Liberia 2,266 real chained 2019 US$ compare
  5. 16 Congo 1,894 real chained 2019 US$ compare
  6. 17 Paraguay 1,815 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Australia

All data for Australia →

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 150 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

Indicator
Renewable natural capital per capita, timber (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.