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Renewable natural capital, timber in New Zealand

New Zealand: Renewable natural capital, timber was 57.54 billion real chained 2019 US$ in 2020. ▬ Flat

Latest (2020)
57.54 billion real chained 2019 US$
Change on year
up 0.1%
World rank
13th
of 150 countries
All-time high
57.54 billion real chained 2019 US$
in 2020
All-time low
55.90 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Renewable natural capital, timber in New Zealand, 1995–2020

020.0B40.0B60.0B1995200720201995: 55.9B real chained 2019 US$1996: 56.2B real chained 2019 US$1997: 56.5B real chained 2019 US$1998: 56.7B real chained 2019 US$1999: 57.0B real chained 2019 US$2000: 57.3B real chained 2019 US$2001: 57.3B real chained 2019 US$2002: 57.3B real chained 2019 US$2003: 57.3B real chained 2019 US$2004: 57.3B real chained 2019 US$2005: 57.3B real chained 2019 US$2006: 57.3B real chained 2019 US$2007: 57.3B real chained 2019 US$2008: 57.3B real chained 2019 US$2009: 57.3B real chained 2019 US$2010: 57.3B real chained 2019 US$2011: 57.3B real chained 2019 US$2012: 57.3B real chained 2019 US$2013: 57.3B real chained 2019 US$2014: 57.3B real chained 2019 US$2015: 57.3B real chained 2019 US$2016: 57.3B real chained 2019 US$2017: 57.4B real chained 2019 US$2018: 57.4B real chained 2019 US$2019: 57.5B real chained 2019 US$2020: 57.5B real chained 2019 US$

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

New Zealand recorded 57.54 billion real chained 2019 US$ for renewable natural capital, timber in 2020. That is the highest value across all 26 years on record.

The figure is up 0.1% on the previous year and up 0.5% over ten years.

Over the whole period, renewable natural capital, timber in New Zealand peaked at 57.54 billion real chained 2019 US$ in 2020 and was at its lowest, 55.90 billion real chained 2019 US$, in 1995.

New Zealand ranks 13th of 150 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.46 billion real chained 2019 US$ 55.90 billion real chained 2019 US$ 57.01 billion real chained 2019 US$ 5
2000s 57.29 billion real chained 2019 US$ 57.28 billion real chained 2019 US$ 57.29 billion real chained 2019 US$ 10
2010s 57.33 billion real chained 2019 US$ 57.27 billion real chained 2019 US$ 57.48 billion real chained 2019 US$ 10
2020s 57.54 billion real chained 2019 US$ 57.54 billion real chained 2019 US$ 57.54 billion real chained 2019 US$ 1

Countries ranked near New Zealand

  1. 10 Ethiopia 78.49 billion real chained 2019 US$ compare
  2. 11 South Africa 61.65 billion real chained 2019 US$ compare
  3. 12 Australia 58.75 billion real chained 2019 US$ compare
  4. 14 Chile 51.92 billion real chained 2019 US$ compare
  5. 15 India 48.75 billion real chained 2019 US$ compare
  6. 16 Thailand 42.67 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is renewable natural capital, timber in New Zealand?
Renewable natural capital, timber in New Zealand was 57.54 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 New Zealand?
The highest recorded value was 57.54 billion real chained 2019 US$ in 2020.
What is the lowest renewable natural capital, timber recorded in New Zealand?
The lowest recorded value was 55.90 billion real chained 2019 US$ in 1995.
How does New Zealand rank for renewable natural capital, timber?
New Zealand ranks 13th out of 150 countries with data for 2020.
Is renewable natural capital, timber rising or falling in New Zealand?
Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
Where does this New Zealand 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.