Australia - Natural resources contribution to GDP

Coal rents (% of GDP)

Coal rents (% of GDP) in Australia was 0.66 as of 2019. Its highest value over the past 49 years was 2.97 in 2008, while its lowest value was 0.05 in 1994.

Definition: Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.13
1971 0.11
1972 0.11
1973 0.10
1974 0.29
1975 1.11
1976 1.23
1977 1.29
1978 1.01
1979 0.86
1980 0.84
1981 1.38
1982 1.44
1983 1.20
1984 0.89
1985 1.00
1986 0.60
1987 0.20
1988 0.23
1989 0.31
1990 0.37
1991 0.35
1992 0.26
1993 0.14
1994 0.05
1995 0.16
1996 0.11
1997 0.10
1998 0.17
1999 0.11
2000 0.18
2001 0.62
2002 0.38
2003 0.22
2004 0.93
2005 1.00
2006 1.06
2007 0.85
2008 2.97
2009 1.51
2010 2.02
2011 2.36
2012 1.20
2013 0.81
2014 0.75
2015 0.47
2016 0.60
2017 0.78
2018 0.79
2019 0.66

Forest rents (% of GDP)

Forest rents (% of GDP) in Australia was 0.153 as of 2019. Its highest value over the past 49 years was 0.446 in 1980, while its lowest value was 0.084 in 2013.

Definition: Forest rents are roundwood harvest times the product of average prices and a region-specific rental rate.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.204
1971 0.248
1972 0.277
1973 0.371
1974 0.247
1975 0.328
1976 0.267
1977 0.297
1978 0.299
1979 0.380
1980 0.446
1981 0.272
1982 0.312
1983 0.286
1984 0.198
1985 0.253
1986 0.282
1987 0.295
1988 0.234
1989 0.196
1990 0.193
1991 0.185
1992 0.188
1993 0.235
1994 0.237
1995 0.251
1996 0.225
1997 0.175
1998 0.189
1999 0.161
2000 0.178
2001 0.198
2002 0.191
2003 0.211
2004 0.117
2005 0.129
2006 0.149
2007 0.172
2008 0.174
2009 0.159
2010 0.132
2011 0.111
2012 0.090
2013 0.084
2014 0.118
2015 0.116
2016 0.147
2017 0.192
2018 0.182
2019 0.153

Mineral rents (% of GDP)

Mineral rents (% of GDP) in Australia was 2.97 as of 2019. Its highest value over the past 49 years was 5.03 in 2011, while its lowest value was 0.76 in 2003.

Definition: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 1.47
1971 1.41
1972 1.32
1973 1.85
1974 2.10
1975 1.63
1976 1.95
1977 2.02
1978 1.52
1979 1.78
1980 2.00
1981 1.35
1982 1.34
1983 1.25
1984 1.35
1985 1.52
1986 1.29
1987 1.42
1988 2.82
1989 1.52
1990 1.51
1991 1.27
1992 1.20
1993 0.94
1994 0.95
1995 0.86
1996 0.83
1997 0.77
1998 1.03
1999 0.90
2000 0.95
2001 1.15
2002 1.03
2003 0.76
2004 0.91
2005 1.91
2006 2.81
2007 4.26
2008 4.13
2009 2.38
2010 4.87
2011 5.03
2012 3.05
2013 3.55
2014 2.92
2015 1.85
2016 2.58
2017 3.18
2018 2.85
2019 2.97

Natural gas rents (% of GDP)

Natural gas rents (% of GDP) in Australia was 1.20 as of 2019. Its highest value over the past 49 years was 1.34 in 2018, while its lowest value was 0.00 in 1970.

Definition: Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.00
1971 0.00
1972 0.00
1973 0.00
1974 0.02
1975 0.08
1976 0.10
1977 0.10
1978 0.11
1979 0.23
1980 0.29
1981 0.09
1982 0.01
1983 0.06
1984 0.07
1985 0.11
1986 0.18
1987 0.12
1988 0.08
1989 0.09
1990 0.15
1991 0.11
1992 0.08
1993 0.11
1994 0.15
1995 0.15
1996 0.17
1997 0.15
1998 0.11
1999 0.15
2000 0.25
2001 0.26
2002 0.23
2003 0.26
2004 0.26
2005 0.27
2006 0.30
2007 0.30
2008 0.29
2009 0.38
2010 0.30
2011 0.34
2012 0.34
2013 0.32
2014 0.43
2015 0.64
2016 0.58
2017 0.69
2018 1.34
2019 1.20

Oil rents (% of GDP)

Oil rents (% of GDP) in Australia was 0.37 as of 2019. Its highest value over the past 49 years was 2.82 in 1979, while its lowest value was 0.01 in 1970.

Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.01
1971 0.06
1972 0.13
1973 0.30
1974 1.22
1975 1.29
1976 1.32
1977 1.48
1978 1.33
1979 2.82
1980 2.70
1981 1.97
1982 1.11
1983 1.60
1984 1.72
1985 2.10
1986 0.88
1987 1.32
1988 0.79
1989 0.82
1990 1.25
1991 0.64
1992 0.70
1993 0.67
1994 0.62
1995 0.62
1996 0.73
1997 0.61
1998 0.31
1999 0.52
2000 1.30
2001 0.93
2002 0.88
2003 0.71
2004 0.67
2005 0.93
2006 0.99
2007 0.93
2008 1.07
2009 0.64
2010 0.78
2011 0.83
2012 0.72
2013 0.53
2014 0.53
2015 0.21
2016 0.17
2017 0.21
2018 0.31
2019 0.37

Total natural resources rents (% of GDP)

Total natural resources rents (% of GDP) in Australia was 5.36 as of 2019. Its highest value over the past 49 years was 8.68 in 2011, while its lowest value was 1.81 in 1998.

Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 1.83
1971 1.83
1972 1.84
1973 2.62
1974 3.88
1975 4.43
1976 4.87
1977 5.19
1978 4.26
1979 6.07
1980 6.27
1981 5.07
1982 4.21
1983 4.39
1984 4.23
1985 4.98
1986 3.24
1987 3.36
1988 4.15
1989 2.93
1990 3.48
1991 2.56
1992 2.42
1993 2.09
1994 2.00
1995 2.05
1996 2.06
1997 1.81
1998 1.81
1999 1.84
2000 2.86
2001 3.16
2002 2.72
2003 2.15
2004 2.88
2005 4.24
2006 5.32
2007 6.51
2008 8.63
2009 5.06
2010 8.10
2011 8.68
2012 5.39
2013 5.31
2014 4.76
2015 3.28
2016 4.07
2017 5.06
2018 5.48
2019 5.36

Classification

Topic: Environment Indicators

Sub-Topic: Natural resources contribution to GDP