Renewable natural capital, timber in Georgia
Georgia: Renewable natural capital, timber was 360.47 million real chained 2019 US$ in 2020. ▲ Rising
Renewable natural capital, timber in Georgia, 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$.
Analysis
The most recent figure for renewable natural capital, timber in Georgia is 360.47 million real chained 2019 US$, 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$, in 2000.
Georgia ranks 122nd of 151 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Renewable natural capital, timber in Georgia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 342.70 million real chained 2019 US$ | — |
| 1996 | 328.24 million real chained 2019 US$ | -4.2% |
| 1997 | 313.77 million real chained 2019 US$ | -4.4% |
| 1998 | 299.31 million real chained 2019 US$ | -4.6% |
| 1999 | 284.84 million real chained 2019 US$ | -4.8% |
| 2000 | 270.38 million real chained 2019 US$ | -5.1% |
| 2001 | 271.18 million real chained 2019 US$ | +0.3% |
| 2002 | 271.98 million real chained 2019 US$ | +0.3% |
| 2003 | 272.79 million real chained 2019 US$ | +0.3% |
| 2004 | 273.59 million real chained 2019 US$ | +0.3% |
| 2005 | 274.39 million real chained 2019 US$ | +0.3% |
| 2006 | 275.19 million real chained 2019 US$ | +0.3% |
| 2007 | 276.00 million real chained 2019 US$ | +0.3% |
| 2008 | 276.80 million real chained 2019 US$ | +0.3% |
| 2009 | 277.60 million real chained 2019 US$ | +0.3% |
| 2010 | 278.41 million real chained 2019 US$ | +0.3% |
| 2011 | 279.46 million real chained 2019 US$ | +0.4% |
| 2012 | 280.52 million real chained 2019 US$ | +0.4% |
| 2013 | 281.58 million real chained 2019 US$ | +0.4% |
| 2014 | 282.63 million real chained 2019 US$ | +0.4% |
| 2015 | 283.69 million real chained 2019 US$ | +0.4% |
| 2016 | 299.05 million real chained 2019 US$ | +5.4% |
| 2017 | 314.40 million real chained 2019 US$ | +5.1% |
| 2018 | 329.76 million real chained 2019 US$ | +4.9% |
| 2019 | 345.12 million real chained 2019 US$ | +4.7% |
| 2020 | 360.47 million real chained 2019 US$ | +4.4% |
Georgia compared with similar countries
- Georgia's 360.47 million real chained 2019 US$ is below the median for upper middle income countries, which is 2.41 billion real chained 2019 US$, 15% of the median. (43 countries reporting)
- Georgia's 360.47 million real chained 2019 US$ is below the median for Europe & Central Asia, which is 3.74 billion real chained 2019 US$, 10% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 313.77 million real chained 2019 US$ | 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
- 119 North Macedonia 436.76 million real chained 2019 US$ compare
- 120 Moldova 396.61 million real chained 2019 US$ compare
- 121 Mauritania 373.46 million real chained 2019 US$ compare
- 123 Trinidad and Tobago 336.67 million real chained 2019 US$ compare
- 124 Kazakhstan 279.62 million real chained 2019 US$ compare
- 125 Azerbaijan 235.70 million real chained 2019 US$ compare
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
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 151 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
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.