Renewable natural capital, timber in New Zealand
New Zealand: Renewable natural capital, timber was 57.54 billion real chained 2019 US$ in 2020. ▬ Flat
Renewable natural capital, timber in New Zealand, 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$.
Analysis
New Zealand recorded 57.54 billion real chained 2019 US$ 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$, in 1995.
New Zealand ranks 13th of 151 countries on this measure, in the top 10%.
Renewable natural capital, timber in New Zealand, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 55.90 billion real chained 2019 US$ | — |
| 1996 | 56.18 billion real chained 2019 US$ | +0.5% |
| 1997 | 56.46 billion real chained 2019 US$ | +0.5% |
| 1998 | 56.74 billion real chained 2019 US$ | +0.5% |
| 1999 | 57.01 billion real chained 2019 US$ | +0.5% |
| 2000 | 57.29 billion real chained 2019 US$ | +0.5% |
| 2001 | 57.29 billion real chained 2019 US$ | -0.0% |
| 2002 | 57.29 billion real chained 2019 US$ | -0.0% |
| 2003 | 57.29 billion real chained 2019 US$ | -0.0% |
| 2004 | 57.29 billion real chained 2019 US$ | -0.0% |
| 2005 | 57.29 billion real chained 2019 US$ | -0.0% |
| 2006 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2007 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2008 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2009 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2010 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2011 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2012 | 57.28 billion real chained 2019 US$ | -0.0% |
| 2013 | 57.27 billion real chained 2019 US$ | -0.0% |
| 2014 | 57.27 billion real chained 2019 US$ | -0.0% |
| 2015 | 57.27 billion real chained 2019 US$ | -0.0% |
| 2016 | 57.32 billion real chained 2019 US$ | +0.1% |
| 2017 | 57.38 billion real chained 2019 US$ | +0.1% |
| 2018 | 57.43 billion real chained 2019 US$ | +0.1% |
| 2019 | 57.48 billion real chained 2019 US$ | +0.1% |
| 2020 | 57.54 billion real chained 2019 US$ | +0.1% |
New Zealand compared with similar countries
- New Zealand's 57.54 billion real chained 2019 US$ is above the median for high income countries, which is 4.37 billion real chained 2019 US$, 13.2× the median. (51 countries reporting)
- New Zealand's 57.54 billion real chained 2019 US$ is above the median for East Asia & Pacific, which is 22.66 billion real chained 2019 US$, 2.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.46 billion real chained 2019 US$ | 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
- 10 Ethiopia 78.49 billion real chained 2019 US$ compare
- 11 South Africa 61.65 billion real chained 2019 US$ compare
- 12 Australia 58.75 billion real chained 2019 US$ compare
- 14 Chile 51.92 billion real chained 2019 US$ compare
- 15 India 48.75 billion real chained 2019 US$ compare
- 16 Thailand 42.67 billion real chained 2019 US$ compare
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
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 151 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
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.