Renewable natural capital, timber in Montenegro
Montenegro: Renewable natural capital, timber was 654.41 million real chained 2019 US$ in 2020. ▬ Flat
Renewable natural capital, timber in Montenegro, 2007–2020
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$.
Analysis
In 2020, renewable natural capital, timber in Montenegro stood at 654.41 million real chained 2019 US$. That is the highest value across all 14 years on record.
The figure is unchanged over ten years.
Over the whole period, renewable natural capital, timber in Montenegro peaked at 654.41 million real chained 2019 US$ in 2010 and was at its lowest, 628.55 million real chained 2019 US$, in 2007.
Montenegro ranks 112th of 151 countries on this measure, in the middle of the range.
Renewable natural capital, timber in Montenegro, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 2007 | 628.55 million real chained 2019 US$ | — |
| 2008 | 637.17 million real chained 2019 US$ | +1.4% |
| 2009 | 645.79 million real chained 2019 US$ | +1.4% |
| 2010 | 654.41 million real chained 2019 US$ | +1.3% |
| 2011 | 654.41 million real chained 2019 US$ | +0.0% |
| 2012 | 654.41 million real chained 2019 US$ | +0.0% |
| 2013 | 654.41 million real chained 2019 US$ | +0.0% |
| 2014 | 654.41 million real chained 2019 US$ | +0.0% |
| 2015 | 654.41 million real chained 2019 US$ | +0.0% |
| 2016 | 654.41 million real chained 2019 US$ | +0.0% |
| 2017 | 654.41 million real chained 2019 US$ | +0.0% |
| 2018 | 654.41 million real chained 2019 US$ | +0.0% |
| 2019 | 654.41 million real chained 2019 US$ | +0.0% |
| 2020 | 654.41 million real chained 2019 US$ | +0.0% |
Montenegro compared with similar countries
- Montenegro's 654.41 million real chained 2019 US$ is below the median for upper middle income countries, which is 2.41 billion real chained 2019 US$, 27% of the median. (43 countries reporting)
- Montenegro's 654.41 million real chained 2019 US$ is below the median for Europe & Central Asia, which is 3.74 billion real chained 2019 US$, 17% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 637.17 million real chained 2019 US$ | 628.55 million real chained 2019 US$ | 645.79 million real chained 2019 US$ | 3 |
| 2010s | 654.41 million real chained 2019 US$ | 654.41 million real chained 2019 US$ | 654.41 million real chained 2019 US$ | 10 |
| 2020s | 654.41 million real chained 2019 US$ | 654.41 million real chained 2019 US$ | 654.41 million real chained 2019 US$ | 1 |
Countries ranked near Montenegro
- 109 Armenia 813.15 million real chained 2019 US$ compare
- 110 Dominican Republic 731.06 million real chained 2019 US$ compare
- 111 Haiti 669.22 million real chained 2019 US$ compare
- 113 Jamaica 587.57 million real chained 2019 US$ compare
- 114 Niger 562.61 million real chained 2019 US$ compare
- 115 Gambia 534.25 million real chained 2019 US$ compare
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is renewable natural capital, timber in Montenegro?
- Renewable natural capital, timber in Montenegro was 654.41 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 Montenegro?
- The highest recorded value was 654.41 million real chained 2019 US$ in 2010.
- What is the lowest renewable natural capital, timber recorded in Montenegro?
- The lowest recorded value was 628.55 million real chained 2019 US$ in 2007.
- How does Montenegro rank for renewable natural capital, timber?
- Montenegro ranks 112th out of 151 countries with data for 2020.
- Is renewable natural capital, timber rising or falling in Montenegro?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Montenegro 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 — 14 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.