Renewable natural capital, timber in Norway
Norway: Renewable natural capital, timber was 4.57 billion current US$ in 2020. ▲ Rising
Renewable natural capital, timber in Norway, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, renewable natural capital, timber in Norway stood at 4.57 billion current US$.
The figure is up 2.7% on the previous year and up 8.3% over ten years.
Over the whole period, renewable natural capital, timber in Norway peaked at 5.60 billion current US$ in 2018 and was at its lowest, 1.94 billion current US$, in 2000.
That places Norway 80th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, timber in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 3.02 billion current US$ | — |
| 1996 | 3.03 billion current US$ | +0.4% |
| 1997 | 2.54 billion current US$ | -16.1% |
| 1998 | 2.48 billion current US$ | -2.5% |
| 1999 | 2.10 billion current US$ | -15.4% |
| 2000 | 1.94 billion current US$ | -7.5% |
| 2001 | 2.06 billion current US$ | +6.1% |
| 2002 | 2.11 billion current US$ | +2.4% |
| 2003 | 2.24 billion current US$ | +6.2% |
| 2004 | 2.13 billion current US$ | -4.9% |
| 2005 | 2.54 billion current US$ | +19.2% |
| 2006 | 2.91 billion current US$ | +14.6% |
| 2007 | 3.85 billion current US$ | +32.1% |
| 2008 | 4.25 billion current US$ | +10.6% |
| 2009 | 3.39 billion current US$ | -20.2% |
| 2010 | 4.22 billion current US$ | +24.4% |
| 2011 | 4.25 billion current US$ | +0.7% |
| 2012 | 3.86 billion current US$ | -9.0% |
| 2013 | 4.70 billion current US$ | +21.7% |
| 2014 | 5.25 billion current US$ | +11.6% |
| 2015 | 4.16 billion current US$ | -20.7% |
| 2016 | 4.21 billion current US$ | +1.3% |
| 2017 | 4.08 billion current US$ | -3.3% |
| 2018 | 5.60 billion current US$ | +37.3% |
| 2019 | 4.45 billion current US$ | -20.6% |
| 2020 | 4.57 billion current US$ | +2.7% |
Norway compared with similar countries
- Norway's 4.57 billion current US$ is above the median for high income countries, which is 4.57 billion current US$, 1.0× the median. (51 countries reporting)
- Norway's 4.57 billion current US$ is above the median for Europe & Central Asia, which is 3.65 billion current US$, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.63 billion current US$ | 2.10 billion current US$ | 3.03 billion current US$ | 5 |
| 2000s | 2.74 billion current US$ | 1.94 billion current US$ | 4.25 billion current US$ | 10 |
| 2010s | 4.48 billion current US$ | 3.86 billion current US$ | 5.60 billion current US$ | 10 |
| 2020s | 4.57 billion current US$ | 4.57 billion current US$ | 4.57 billion current US$ | 1 |
Countries ranked near Norway
More reference data data for Norway
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3703 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3621 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7734 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3366 (2050)
Frequently asked questions
- What is renewable natural capital, timber in Norway?
- Renewable natural capital, timber in Norway was 4.57 billion current US$ in 2020, according to the World Bank.
- What is the highest renewable natural capital, timber recorded in Norway?
- The highest recorded value was 5.60 billion current US$ in 2018.
- What is the lowest renewable natural capital, timber recorded in Norway?
- The lowest recorded value was 1.94 billion current US$ in 2000.
- How does Norway rank for renewable natural capital, timber?
- Norway ranks 80th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Norway?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Norway 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).