Renewable natural capital, timber in Australia
Australia: Renewable natural capital, timber was 58.75 billion real chained 2019 US$ in 2020. ▬ Flat
Renewable natural capital, timber in Australia, 1995–2020
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$.
Analysis
Australia recorded 58.75 billion real chained 2019 US$ for renewable natural capital, timber in 2020. That is the highest value across all 26 years on record.
The figure is up 0.1% on the previous year and up 3.4% over ten years.
Over the whole period, renewable natural capital, timber in Australia peaked at 58.75 billion real chained 2019 US$ in 2020 and was at its lowest, 56.80 billion real chained 2019 US$, in 2010.
Australia ranks 12th of 150 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 58.06 billion real chained 2019 US$ | 57.88 billion real chained 2019 US$ | 58.24 billion real chained 2019 US$ | 5 |
| 2000s | 57.34 billion real chained 2019 US$ | 56.89 billion real chained 2019 US$ | 57.79 billion real chained 2019 US$ | 10 |
| 2010s | 57.96 billion real chained 2019 US$ | 56.80 billion real chained 2019 US$ | 58.67 billion real chained 2019 US$ | 10 |
| 2020s | 58.75 billion real chained 2019 US$ | 58.75 billion real chained 2019 US$ | 58.75 billion real chained 2019 US$ | 1 |
Countries ranked near Australia
- 9 Vietnam 81.31 billion real chained 2019 US$ compare
- 10 Ethiopia 78.49 billion real chained 2019 US$ compare
- 11 South Africa 61.65 billion real chained 2019 US$ compare
- 13 New Zealand 57.54 billion real chained 2019 US$ compare
- 14 Chile 51.92 billion real chained 2019 US$ compare
- 15 India 48.75 billion real chained 2019 US$ compare
More reference data data for Australia
- 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) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 2,816 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 31,458 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop re 499.07 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 78,848 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 85,923 (2050)
Frequently asked questions
- What is renewable natural capital, timber in Australia?
- Renewable natural capital, timber in Australia was 58.75 billion 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, timber recorded in Australia?
- The highest recorded value was 58.75 billion real chained 2019 US$ in 2020.
- What is the lowest renewable natural capital, timber recorded in Australia?
- The lowest recorded value was 56.80 billion real chained 2019 US$ in 2010.
- How does Australia rank for renewable natural capital, timber?
- Australia ranks 12th 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 3.4%. The long-run trend across the full record is flat.
- 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, 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
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.