Renewable natural capital, timber in Georgia

Georgia: Renewable natural capital, timber was 360.47 million real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
360.47 million real chained 2019 US$
Change on year
up 4.4%
World rank
122nd
of 150 countries
All-time high
360.47 million real chained 2019 US$
in 2020
All-time low
270.38 million real chained 2019 US$
in 2000
Years of data
26
1995–2020

Renewable natural capital, timber in Georgia, 1995–2020

0100.0M200.0M300.0M400.0M1995200720201995: 342.7M real chained 2019 US$1996: 328.2M real chained 2019 US$1997: 313.8M real chained 2019 US$1998: 299.3M real chained 2019 US$1999: 284.8M real chained 2019 US$2000: 270.4M real chained 2019 US$2001: 271.2M real chained 2019 US$2002: 272.0M real chained 2019 US$2003: 272.8M real chained 2019 US$2004: 273.6M real chained 2019 US$2005: 274.4M real chained 2019 US$2006: 275.2M real chained 2019 US$2007: 276.0M real chained 2019 US$2008: 276.8M real chained 2019 US$2009: 277.6M real chained 2019 US$2010: 278.4M real chained 2019 US$2011: 279.5M real chained 2019 US$2012: 280.5M real chained 2019 US$2013: 281.6M real chained 2019 US$2014: 282.6M real chained 2019 US$2015: 283.7M real chained 2019 US$2016: 299.0M real chained 2019 US$2017: 314.4M real chained 2019 US$2018: 329.8M real chained 2019 US$2019: 345.1M real chained 2019 US$2020: 360.5M real chained 2019 US$

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

The most recent figure for renewable natural capital, timber in Georgia is 360.47 million real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.

The figure is up 4.4% on the previous year and up 29.5% over ten years.

Over the whole period, renewable natural capital, timber in Georgia peaked at 360.47 million real chained 2019 US$ in 2020 and was at its lowest, 270.38 million real chained 2019 US$, in 2000.

Georgia ranks 122nd of 150 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 313.77 million real chained 2019 US$ 284.84 million real chained 2019 US$ 342.70 million real chained 2019 US$ 5
2000s 273.99 million real chained 2019 US$ 270.38 million real chained 2019 US$ 277.60 million real chained 2019 US$ 10
2010s 297.46 million real chained 2019 US$ 278.41 million real chained 2019 US$ 345.12 million real chained 2019 US$ 10
2020s 360.47 million real chained 2019 US$ 360.47 million real chained 2019 US$ 360.47 million real chained 2019 US$ 1

Countries ranked near Georgia

  1. 119 North Macedonia 436.76 million real chained 2019 US$ compare
  2. 120 Moldova 396.61 million real chained 2019 US$ compare
  3. 121 Mauritania 373.46 million real chained 2019 US$ compare
  4. 123 Trinidad and Tobago 336.67 million real chained 2019 US$ compare
  5. 124 Kazakhstan 279.62 million real chained 2019 US$ compare
  6. 125 Azerbaijan 235.70 million real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is renewable natural capital, timber in Georgia?
Renewable natural capital, timber in Georgia was 360.47 million 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 Georgia?
The highest recorded value was 360.47 million real chained 2019 US$ in 2020.
What is the lowest renewable natural capital, timber recorded in Georgia?
The lowest recorded value was 270.38 million real chained 2019 US$ in 2000.
How does Georgia rank for renewable natural capital, timber?
Georgia ranks 122nd out of 150 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Georgia?
Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
Where does this Georgia 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

Indicator
Renewable natural capital, timber (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.