Renewable natural capital, timber in Albania

Albania: Renewable natural capital, timber was 490.66 million current US$ in 2020. ◆ Volatile

Latest (2020)
490.66 million current US$
Change on year
down 5.8%
World rank
118th
of 151 countries
All-time high
662.59 million current US$
in 2018
All-time low
58.94 million current US$
in 2001
Years of data
26
1995–2020

Renewable natural capital, timber in Albania, 1995–2020

0200.0M400.0M600.0M1995200720201995: 111.2M current US$1996: 114.0M current US$1997: 107.3M current US$1998: 73.8M current US$1999: 63.0M current US$2000: 108.0M current US$2001: 58.9M current US$2002: 70.3M current US$2003: 85.4M current US$2004: 94.7M current US$2005: 94.2M current US$2006: 117.9M current US$2007: 195.4M current US$2008: 219.7M current US$2009: 220.6M current US$2010: 192.6M current US$2011: 662.4M current US$2012: 550.7M current US$2013: 516.7M current US$2014: 548.3M current US$2015: 532.3M current US$2016: 456.4M current US$2017: 580.2M current US$2018: 662.6M current US$2019: 521.1M current US$2020: 490.7M current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, renewable natural capital, timber in Albania stood at 490.66 million current US$.

That represents a change of down 5.8% on the previous year and up 154.8% over ten years.

Over the whole period, renewable natural capital, timber in Albania peaked at 662.59 million current US$ in 2018 and was at its lowest, 58.94 million current US$, in 2001.

Albania ranks 118th of 151 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Renewable natural capital, timber in Albania, year by year

Annual values for Renewable natural capital, timber (current US$) in Albania, 1995 to 2020.
Year current US$ Change
1995 111.23 million current US$
1996 113.98 million current US$ +2.5%
1997 107.30 million current US$ -5.9%
1998 73.85 million current US$ -31.2%
1999 63.04 million current US$ -14.6%
2000 107.95 million current US$ +71.2%
2001 58.94 million current US$ -45.4%
2002 70.31 million current US$ +19.3%
2003 85.36 million current US$ +21.4%
2004 94.66 million current US$ +10.9%
2005 94.18 million current US$ -0.5%
2006 117.94 million current US$ +25.2%
2007 195.37 million current US$ +65.6%
2008 219.70 million current US$ +12.5%
2009 220.58 million current US$ +0.4%
2010 192.56 million current US$ -12.7%
2011 662.44 million current US$ +244.0%
2012 550.69 million current US$ -16.9%
2013 516.72 million current US$ -6.2%
2014 548.34 million current US$ +6.1%
2015 532.35 million current US$ -2.9%
2016 456.36 million current US$ -14.3%
2017 580.19 million current US$ +27.1%
2018 662.59 million current US$ +14.2%
2019 521.09 million current US$ -21.4%
2020 490.66 million current US$ -5.8%

Albania compared with similar countries

  • Albania's 490.66 million current US$ is below the median for upper middle income countries, which is 2.75 billion current US$, 18% of the median. (43 countries reporting)
  • Albania's 490.66 million current US$ is below the median for Europe & Central Asia, which is 3.65 billion current US$, 13% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Renewable natural capital, timber in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2011 +244.0% 192.56 million current US$ 662.44 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 93.88 million current US$ 63.04 million current US$ 113.98 million current US$ 5
2000s 126.50 million current US$ 58.94 million current US$ 220.58 million current US$ 10
2010s 522.33 million current US$ 192.56 million current US$ 662.59 million current US$ 10
2020s 490.66 million current US$ 490.66 million current US$ 490.66 million current US$ 1

Countries ranked near Albania

  1. 115 Niger 577.96 million current US$ compare
  2. 116 Gambia 544.45 million current US$ compare
  3. 117 Greece 492.18 million current US$ compare
  4. 119 North Macedonia 419.06 million current US$ compare
  5. 120 Mauritania 400.41 million current US$ compare
  6. 121 Moldova 387.48 million current US$ compare

See the full ranking of 151 places →

More reference data data for Albania

All data for Albania →

Frequently asked questions

What is renewable natural capital, timber in Albania?
Renewable natural capital, timber in Albania was 490.66 million current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, timber recorded in Albania?
The highest recorded value was 662.59 million current US$ in 2018.
What is the lowest renewable natural capital, timber recorded in Albania?
The lowest recorded value was 58.94 million current US$ in 2001.
How does Albania rank for renewable natural capital, timber?
Albania ranks 118th out of 151 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Albania?
Over the last ten years it is up 154.8%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from the World Bank, published as part of Renewable natural capital, timber (current US$). Statizoid updates them automatically from the source API.

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About this data

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