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