Renewable natural capital, timber in Namibia

Namibia: Renewable natural capital, timber was 1.89 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
1.89 billion real chained 2019 US$
Change on year
down 1.1%
World rank
96th
of 150 countries
All-time high
2.39 billion real chained 2019 US$
in 1995
All-time low
1.89 billion real chained 2019 US$
in 2020
Years of data
26
1995–2020

Renewable natural capital, timber in Namibia, 1995–2020

0500.0M1.0B1.5B2.0B2.5B1995200720201995: 2.4B real chained 2019 US$1996: 2.4B real chained 2019 US$1997: 2.4B real chained 2019 US$1998: 2.3B real chained 2019 US$1999: 2.3B real chained 2019 US$2000: 2.3B real chained 2019 US$2001: 2.3B real chained 2019 US$2002: 2.3B real chained 2019 US$2003: 2.2B real chained 2019 US$2004: 2.2B real chained 2019 US$2005: 2.2B real chained 2019 US$2006: 2.2B real chained 2019 US$2007: 2.2B real chained 2019 US$2008: 2.1B real chained 2019 US$2009: 2.1B real chained 2019 US$2010: 2.1B real chained 2019 US$2011: 2.1B real chained 2019 US$2012: 2.1B real chained 2019 US$2013: 2.0B real chained 2019 US$2014: 2.0B real chained 2019 US$2015: 2.0B real chained 2019 US$2016: 2.0B real chained 2019 US$2017: 1.9B real chained 2019 US$2018: 1.9B real chained 2019 US$2019: 1.9B real chained 2019 US$2020: 1.9B real chained 2019 US$

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 Namibia is 1.89 billion real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.

The figure is down 1.1% on the previous year and down 9.7% over ten years.

Over the whole period, renewable natural capital, timber in Namibia peaked at 2.39 billion real chained 2019 US$ in 1995 and was at its lowest, 1.89 billion real chained 2019 US$, in 2020.

That places Namibia 96th out of 150 countries with data for 2020, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.35 billion real chained 2019 US$ 2.31 billion real chained 2019 US$ 2.39 billion real chained 2019 US$ 5
2000s 2.20 billion real chained 2019 US$ 2.11 billion real chained 2019 US$ 2.29 billion real chained 2019 US$ 10
2010s 2.00 billion real chained 2019 US$ 1.91 billion real chained 2019 US$ 2.09 billion real chained 2019 US$ 10
2020s 1.89 billion real chained 2019 US$ 1.89 billion real chained 2019 US$ 1.89 billion real chained 2019 US$ 1

Countries ranked near Namibia

  1. 93 Pakistan 2.35 billion real chained 2019 US$ compare
  2. 94 Suriname 2.14 billion real chained 2019 US$ compare
  3. 95 Belgium 1.99 billion real chained 2019 US$ compare
  4. 97 Rwanda 1.74 billion real chained 2019 US$ compare
  5. 98 Switzerland 1.56 billion real chained 2019 US$ compare
  6. 99 Burundi 1.50 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is renewable natural capital, timber in Namibia?
Renewable natural capital, timber in Namibia was 1.89 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 Namibia?
The highest recorded value was 2.39 billion real chained 2019 US$ in 1995.
What is the lowest renewable natural capital, timber recorded in Namibia?
The lowest recorded value was 1.89 billion real chained 2019 US$ in 2020.
How does Namibia rank for renewable natural capital, timber?
Namibia ranks 96th out of 150 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Namibia?
Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
Where does this Namibia 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.