Renewable natural capital, timber in Ghana

Ghana: Renewable natural capital, timber was 31.38 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
31.38 billion real chained 2019 US$
Change on year
up 0.3%
World rank
21st
of 150 countries
All-time high
37.13 billion real chained 2019 US$
in 1995
All-time low
30.94 billion real chained 2019 US$
in 2015
Years of data
26
1995–2020

Renewable natural capital, timber in Ghana, 1995–2020

010.0B20.0B30.0B40.0B1995200720201995: 37.1B real chained 2019 US$1996: 36.7B real chained 2019 US$1997: 36.3B real chained 2019 US$1998: 35.8B real chained 2019 US$1999: 35.4B real chained 2019 US$2000: 34.9B real chained 2019 US$2001: 34.6B real chained 2019 US$2002: 34.2B real chained 2019 US$2003: 33.8B real chained 2019 US$2004: 33.4B real chained 2019 US$2005: 33.1B real chained 2019 US$2006: 32.7B real chained 2019 US$2007: 32.3B real chained 2019 US$2008: 31.9B real chained 2019 US$2009: 31.6B real chained 2019 US$2010: 31.2B real chained 2019 US$2011: 31.1B real chained 2019 US$2012: 31.1B real chained 2019 US$2013: 31.0B real chained 2019 US$2014: 31.0B real chained 2019 US$2015: 30.9B real chained 2019 US$2016: 31.0B real chained 2019 US$2017: 31.1B real chained 2019 US$2018: 31.2B real chained 2019 US$2019: 31.3B real chained 2019 US$2020: 31.4B real chained 2019 US$

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

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 150 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 18 Zambia 31.93 billion real chained 2019 US$ compare
  2. 19 Japan 31.46 billion real chained 2019 US$ compare
  3. 20 Mexico 31.40 billion real chained 2019 US$ compare
  4. 22 Germany 30.39 billion real chained 2019 US$ compare
  5. 23 Canada 30.11 billion real chained 2019 US$ compare
  6. 24 Sweden 27.74 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Ghana

All data for Ghana →

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 150 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.

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.