Renewable natural capital, timber in Australia
Australia: Renewable natural capital, timber was 55.77 billion current US$ in 2020. ▲ Rising
Latest (2020)
55.77 billion current US$
Change on year
down 4.9%
World rank
13th
of 151 countries
All-time high
61.88 billion current US$
in 2017
All-time low
15.54 billion current US$
in 1999
Years of data
26
1995–2020
Renewable natural capital, timber in Australia, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, renewable natural capital, timber in Australia stood at 55.77 billion current US$.
That represents a change of down 4.9% on the previous year and up 53.7% over ten years.
Over the whole period, renewable natural capital, timber in Australia peaked at 61.88 billion current US$ in 2017 and was at its lowest, 15.54 billion current US$, in 1999.
Australia ranks 13th of 151 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, timber in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 22.23 billion current US$ | — |
| 1996 | 21.35 billion current US$ | -4.0% |
| 1997 | 18.62 billion current US$ | -12.8% |
| 1998 | 17.55 billion current US$ | -5.7% |
| 1999 | 15.54 billion current US$ | -11.5% |
| 2000 | 17.76 billion current US$ | +14.3% |
| 2001 | 18.96 billion current US$ | +6.8% |
| 2002 | 18.67 billion current US$ | -1.6% |
| 2003 | 23.51 billion current US$ | +25.9% |
| 2004 | 17.97 billion current US$ | -23.6% |
| 2005 | 22.19 billion current US$ | +23.5% |
| 2006 | 28.18 billion current US$ | +27.0% |
| 2007 | 35.33 billion current US$ | +25.4% |
| 2008 | 43.23 billion current US$ | +22.4% |
| 2009 | 35.24 billion current US$ | -18.5% |
| 2010 | 36.28 billion current US$ | +2.9% |
| 2011 | 37.24 billion current US$ | +2.7% |
| 2012 | 33.92 billion current US$ | -8.9% |
| 2013 | 31.95 billion current US$ | -5.8% |
| 2014 | 42.68 billion current US$ | +33.6% |
| 2015 | 37.84 billion current US$ | -11.3% |
| 2016 | 40.10 billion current US$ | +6.0% |
| 2017 | 61.88 billion current US$ | +54.3% |
| 2018 | 60.07 billion current US$ | -2.9% |
| 2019 | 58.67 billion current US$ | -2.3% |
| 2020 | 55.77 billion current US$ | -4.9% |
Australia compared with similar countries
- Australia's 55.77 billion current US$ is above the median for high income countries, which is 4.57 billion current US$, 12.2× the median. (51 countries reporting)
- Australia's 55.77 billion current US$ is above the median for East Asia & Pacific, which is 22.63 billion current US$, 2.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.06 billion current US$ | 15.54 billion current US$ | 22.23 billion current US$ | 5 |
| 2000s | 26.10 billion current US$ | 17.76 billion current US$ | 43.23 billion current US$ | 10 |
| 2010s | 44.06 billion current US$ | 31.95 billion current US$ | 61.88 billion current US$ | 10 |
| 2020s | 55.77 billion current US$ | 55.77 billion current US$ | 55.77 billion current 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, timber in Australia?
- Renewable natural capital, timber in Australia was 55.77 billion current US$ in 2020, according to the World Bank.
- What is the highest renewable natural capital, timber recorded in Australia?
- The highest recorded value was 61.88 billion current US$ in 2017.
- What is the lowest renewable natural capital, timber recorded in Australia?
- The lowest recorded value was 15.54 billion current US$ in 1999.
- How does Australia rank for renewable natural capital, timber?
- Australia ranks 13th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Australia?
- Over the last ten years it is up 53.7%. 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, timber (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).