Renewable natural capital, timber in Ghana
Ghana: Renewable natural capital, timber was 31.38 billion real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital, timber in Ghana, 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$.
Analysis
In 2020, renewable natural capital, timber in Ghana stood at 31.38 billion real chained 2019 US$.
That represents a change of up 0.3% on the previous year and up 0.6% over ten years.
Over the whole period, renewable natural capital, timber in Ghana peaked at 37.13 billion real chained 2019 US$ in 1995 and was at its lowest, 30.94 billion real chained 2019 US$, in 2015.
That places Ghana 21st out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital, timber in Ghana, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 37.13 billion real chained 2019 US$ | — |
| 1996 | 36.69 billion real chained 2019 US$ | -1.2% |
| 1997 | 36.25 billion real chained 2019 US$ | -1.2% |
| 1998 | 35.81 billion real chained 2019 US$ | -1.2% |
| 1999 | 35.37 billion real chained 2019 US$ | -1.2% |
| 2000 | 34.92 billion real chained 2019 US$ | -1.3% |
| 2001 | 34.55 billion real chained 2019 US$ | -1.1% |
| 2002 | 34.18 billion real chained 2019 US$ | -1.1% |
| 2003 | 33.81 billion real chained 2019 US$ | -1.1% |
| 2004 | 33.43 billion real chained 2019 US$ | -1.1% |
| 2005 | 33.06 billion real chained 2019 US$ | -1.1% |
| 2006 | 32.69 billion real chained 2019 US$ | -1.1% |
| 2007 | 32.32 billion real chained 2019 US$ | -1.1% |
| 2008 | 31.95 billion real chained 2019 US$ | -1.2% |
| 2009 | 31.57 billion real chained 2019 US$ | -1.2% |
| 2010 | 31.20 billion real chained 2019 US$ | -1.2% |
| 2011 | 31.15 billion real chained 2019 US$ | -0.2% |
| 2012 | 31.10 billion real chained 2019 US$ | -0.2% |
| 2013 | 31.05 billion real chained 2019 US$ | -0.2% |
| 2014 | 31.00 billion real chained 2019 US$ | -0.2% |
| 2015 | 30.94 billion real chained 2019 US$ | -0.2% |
| 2016 | 31.03 billion real chained 2019 US$ | +0.3% |
| 2017 | 31.12 billion real chained 2019 US$ | +0.3% |
| 2018 | 31.20 billion real chained 2019 US$ | +0.3% |
| 2019 | 31.29 billion real chained 2019 US$ | +0.3% |
| 2020 | 31.38 billion real chained 2019 US$ | +0.3% |
Ghana compared with similar countries
- Ghana's 31.38 billion real chained 2019 US$ is above the median for lower middle income countries, which is 4.34 billion real chained 2019 US$, 7.2× the median. (39 countries reporting)
- Ghana's 31.38 billion real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 9.03 billion real chained 2019 US$, 3.5× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.25 billion real chained 2019 US$ | 35.37 billion real chained 2019 US$ | 37.13 billion real chained 2019 US$ | 5 |
| 2000s | 33.25 billion real chained 2019 US$ | 31.57 billion real chained 2019 US$ | 34.92 billion real chained 2019 US$ | 10 |
| 2010s | 31.11 billion real chained 2019 US$ | 30.94 billion real chained 2019 US$ | 31.29 billion real chained 2019 US$ | 10 |
| 2020s | 31.38 billion real chained 2019 US$ | 31.38 billion real chained 2019 US$ | 31.38 billion real chained 2019 US$ | 1 |
Countries ranked near Ghana
- 18 Zambia 31.93 billion real chained 2019 US$ compare
- 19 Japan 31.46 billion real chained 2019 US$ compare
- 20 Mexico 31.40 billion real chained 2019 US$ compare
- 22 Germany 30.39 billion real chained 2019 US$ compare
- 23 Canada 30.11 billion real chained 2019 US$ compare
- 24 Sweden 27.74 billion real chained 2019 US$ compare
More reference data data for Ghana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2805 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.69 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1989 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.69 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9405 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9478 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.22 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is renewable natural capital, timber in Ghana?
- Renewable natural capital, timber in Ghana was 31.38 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 Ghana?
- The highest recorded value was 37.13 billion real chained 2019 US$ in 1995.
- What is the lowest renewable natural capital, timber recorded in Ghana?
- The lowest recorded value was 30.94 billion real chained 2019 US$ in 2015.
- How does Ghana rank for renewable natural capital, timber?
- Ghana ranks 21st out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Ghana?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
- Where does this Ghana 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.