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 150 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

20.0B30.0B40.0B50.0B60.0B1995200720201995: 22.2B current US$1996: 21.4B current US$1997: 18.6B current US$1998: 17.6B current US$1999: 15.5B current US$2000: 17.8B current US$2001: 19.0B current US$2002: 18.7B current US$2003: 23.5B current US$2004: 18.0B current US$2005: 22.2B current US$2006: 28.2B current US$2007: 35.3B current US$2008: 43.2B current US$2009: 35.2B current US$2010: 36.3B current US$2011: 37.2B current US$2012: 33.9B current US$2013: 31.9B current US$2014: 42.7B current US$2015: 37.8B current US$2016: 40.1B current US$2017: 61.9B current US$2018: 60.1B current US$2019: 58.7B current US$2020: 55.8B current US$

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 150 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 Ethiopia 78.53 billion current US$ compare
  2. 11 South Africa 63.40 billion current US$ compare
  3. 12 India 55.77 billion current US$ compare
  4. 14 New Zealand 53.83 billion current US$ compare
  5. 15 Chile 50.62 billion current US$ compare
  6. 16 Thailand 43.30 billion current 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, 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 150 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).

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