Renewable natural capital, timber in Austria
Austria: Renewable natural capital, timber was 6.65 billion real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital, timber in Austria, 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$.
Analysis
In 2020, renewable natural capital, timber in Austria stood at 6.65 billion real chained 2019 US$.
Compared with earlier readings it is up 0.1% on the previous year and down 0.2% over ten years.
Over the whole period, renewable natural capital, timber in Austria peaked at 7.34 billion real chained 2019 US$ in 2000 and was at its lowest, 6.61 billion real chained 2019 US$, in 2015.
Austria ranks 65th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital, timber in Austria, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 7.28 billion real chained 2019 US$ | — |
| 1996 | 7.29 billion real chained 2019 US$ | +0.2% |
| 1997 | 7.30 billion real chained 2019 US$ | +0.2% |
| 1998 | 7.31 billion real chained 2019 US$ | +0.2% |
| 1999 | 7.32 billion real chained 2019 US$ | +0.2% |
| 2000 | 7.34 billion real chained 2019 US$ | +0.2% |
| 2001 | 7.27 billion real chained 2019 US$ | -0.9% |
| 2002 | 7.20 billion real chained 2019 US$ | -0.9% |
| 2003 | 7.13 billion real chained 2019 US$ | -0.9% |
| 2004 | 7.07 billion real chained 2019 US$ | -0.9% |
| 2005 | 7.00 billion real chained 2019 US$ | -1.0% |
| 2006 | 6.93 billion real chained 2019 US$ | -1.0% |
| 2007 | 6.86 billion real chained 2019 US$ | -1.0% |
| 2008 | 6.80 billion real chained 2019 US$ | -1.0% |
| 2009 | 6.73 billion real chained 2019 US$ | -1.0% |
| 2010 | 6.66 billion real chained 2019 US$ | -1.0% |
| 2011 | 6.65 billion real chained 2019 US$ | -0.1% |
| 2012 | 6.64 billion real chained 2019 US$ | -0.1% |
| 2013 | 6.63 billion real chained 2019 US$ | -0.1% |
| 2014 | 6.62 billion real chained 2019 US$ | -0.1% |
| 2015 | 6.61 billion real chained 2019 US$ | -0.1% |
| 2016 | 6.62 billion real chained 2019 US$ | +0.1% |
| 2017 | 6.63 billion real chained 2019 US$ | +0.1% |
| 2018 | 6.63 billion real chained 2019 US$ | +0.1% |
| 2019 | 6.64 billion real chained 2019 US$ | +0.1% |
| 2020 | 6.65 billion real chained 2019 US$ | +0.1% |
Austria compared with similar countries
- Austria's 6.65 billion real chained 2019 US$ is above the median for high income countries, which is 4.37 billion real chained 2019 US$, 1.5× the median. (51 countries reporting)
- Austria's 6.65 billion real chained 2019 US$ is above the median for Europe & Central Asia, which is 3.74 billion real chained 2019 US$, 1.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.30 billion real chained 2019 US$ | 7.28 billion real chained 2019 US$ | 7.32 billion real chained 2019 US$ | 5 |
| 2000s | 7.03 billion real chained 2019 US$ | 6.73 billion real chained 2019 US$ | 7.34 billion real chained 2019 US$ | 10 |
| 2010s | 6.63 billion real chained 2019 US$ | 6.61 billion real chained 2019 US$ | 6.66 billion real chained 2019 US$ | 10 |
| 2020s | 6.65 billion real chained 2019 US$ | 6.65 billion real chained 2019 US$ | 6.65 billion real chained 2019 US$ | 1 |
Countries ranked near Austria
- 62 Malawi 6.87 billion real chained 2019 US$ compare
- 63 Estonia 6.73 billion real chained 2019 US$ compare
- 64 Peru 6.65 billion real chained 2019 US$ compare
- 66 Laos 6.31 billion real chained 2019 US$ compare
- 67 South Korea 6.31 billion real chained 2019 US$ compare
- 68 Italy 6.24 billion real chained 2019 US$ compare
More reference data data for Austria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6222 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2597 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1986 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 7.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is renewable natural capital, timber in Austria?
- Renewable natural capital, timber in Austria was 6.65 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 Austria?
- The highest recorded value was 7.34 billion real chained 2019 US$ in 2000.
- What is the lowest renewable natural capital, timber recorded in Austria?
- The lowest recorded value was 6.61 billion real chained 2019 US$ in 2015.
- How does Austria rank for renewable natural capital, timber?
- Austria ranks 65th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Austria?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is falling.
- Where does this Austria 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.
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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.