Renewable natural capital, timber in Philippines

Philippines: Renewable natural capital, timber was 13.86 billion real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
13.86 billion real chained 2019 US$
Change on year
up 0.5%
World rank
40th
of 151 countries
All-time high
15.88 billion real chained 2019 US$
in 1995
All-time low
13.11 billion real chained 2019 US$
in 2010
Years of data
26
1995–2020

Renewable natural capital, timber in Philippines, 1995–2020

05.0B10.0B15.0B1995200720201995: 15.9B real chained 2019 US$1996: 15.7B real chained 2019 US$1997: 15.5B real chained 2019 US$1998: 15.3B real chained 2019 US$1999: 15.1B real chained 2019 US$2000: 15.0B real chained 2019 US$2001: 14.8B real chained 2019 US$2002: 14.6B real chained 2019 US$2003: 14.4B real chained 2019 US$2004: 14.2B real chained 2019 US$2005: 14.0B real chained 2019 US$2006: 13.9B real chained 2019 US$2007: 13.7B real chained 2019 US$2008: 13.5B real chained 2019 US$2009: 13.3B real chained 2019 US$2010: 13.1B real chained 2019 US$2011: 13.2B real chained 2019 US$2012: 13.3B real chained 2019 US$2013: 13.3B real chained 2019 US$2014: 13.4B real chained 2019 US$2015: 13.5B real chained 2019 US$2016: 13.6B real chained 2019 US$2017: 13.6B real chained 2019 US$2018: 13.7B real chained 2019 US$2019: 13.8B real chained 2019 US$2020: 13.9B real chained 2019 US$

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 Philippines is 13.86 billion real chained 2019 US$, measured in 2020.

Compared with earlier readings it is up 0.5% on the previous year and up 5.7% over ten years.

Over the whole period, renewable natural capital, timber in Philippines peaked at 15.88 billion real chained 2019 US$ in 1995 and was at its lowest, 13.11 billion real chained 2019 US$, in 2010.

That places Philippines 40th out of 151 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.

Renewable natural capital, timber in Philippines, year by year

Annual values for Renewable natural capital, timber (real chained 2019 US$) in Philippines, 1995 to 2020.
Year real chained 2019 US$ Change
1995 15.88 billion real chained 2019 US$ —
1996 15.70 billion real chained 2019 US$ -1.2%
1997 15.52 billion real chained 2019 US$ -1.2%
1998 15.33 billion real chained 2019 US$ -1.2%
1999 15.14 billion real chained 2019 US$ -1.2%
2000 14.96 billion real chained 2019 US$ -1.2%
2001 14.78 billion real chained 2019 US$ -1.2%
2002 14.59 billion real chained 2019 US$ -1.3%
2003 14.40 billion real chained 2019 US$ -1.3%
2004 14.22 billion real chained 2019 US$ -1.3%
2005 14.04 billion real chained 2019 US$ -1.3%
2006 13.85 billion real chained 2019 US$ -1.3%
2007 13.67 billion real chained 2019 US$ -1.3%
2008 13.48 billion real chained 2019 US$ -1.4%
2009 13.30 billion real chained 2019 US$ -1.4%
2010 13.11 billion real chained 2019 US$ -1.4%
2011 13.18 billion real chained 2019 US$ +0.6%
2012 13.26 billion real chained 2019 US$ +0.6%
2013 13.33 billion real chained 2019 US$ +0.6%
2014 13.41 billion real chained 2019 US$ +0.6%
2015 13.48 billion real chained 2019 US$ +0.6%
2016 13.56 billion real chained 2019 US$ +0.6%
2017 13.63 billion real chained 2019 US$ +0.6%
2018 13.71 billion real chained 2019 US$ +0.5%
2019 13.78 billion real chained 2019 US$ +0.5%
2020 13.86 billion real chained 2019 US$ +0.5%

Philippines compared with similar countries

  • Philippines's 13.86 billion real chained 2019 US$ is above the median for upper middle income countries, which is 2.41 billion real chained 2019 US$, 5.8× the median. (43 countries reporting)
  • Philippines's 13.86 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 22.66 billion real chained 2019 US$, 61% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.51 billion real chained 2019 US$ 15.14 billion real chained 2019 US$ 15.88 billion real chained 2019 US$ 5
2000s 14.13 billion real chained 2019 US$ 13.30 billion real chained 2019 US$ 14.96 billion real chained 2019 US$ 10
2010s 13.45 billion real chained 2019 US$ 13.11 billion real chained 2019 US$ 13.78 billion real chained 2019 US$ 10
2020s 13.86 billion real chained 2019 US$ 13.86 billion real chained 2019 US$ 13.86 billion real chained 2019 US$ 1

Countries ranked near Philippines

  1. 37 Belarus 15.85 billion real chained 2019 US$ compare
  2. 38 Guinea 14.50 billion real chained 2019 US$ compare
  3. 39 Czechia 14.35 billion real chained 2019 US$ compare
  4. 41 Papua New Guinea 12.07 billion real chained 2019 US$ compare
  5. 42 Paraguay 12.01 billion real chained 2019 US$ compare
  6. 43 Costa Rica 11.90 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is renewable natural capital, timber in Philippines?
Renewable natural capital, timber in Philippines was 13.86 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 Philippines?
The highest recorded value was 15.88 billion real chained 2019 US$ in 1995.
What is the lowest renewable natural capital, timber recorded in Philippines?
The lowest recorded value was 13.11 billion real chained 2019 US$ in 2010.
How does Philippines rank for renewable natural capital, timber?
Philippines ranks 40th out of 151 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Philippines?
Over the last ten years it is up 5.7%. The long-run trend across the full record is falling.
Where does this Philippines 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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Renewable natural capital, timber in Philippines. Statizoid, drawing on 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. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-timber-real-chained-2019-us/philippines/

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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.