Australia - Natural resources contribution to GDP

Coal rents (% of GDP)

Coal rents (% of GDP) in Australia was 0.79 as of 2017. Its highest value over the past 47 years was 2.95 in 2008, while its lowest value was 0.06 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 0.10
1972 0.11
1973 0.10
1974 0.29
1975 1.10
1976 1.23
1977 1.29
1978 1.01
1979 0.85
1980 0.84
1981 1.38
1982 1.44
1983 1.19
1984 0.89
1985 0.99
1986 0.60
1987 0.20
1988 0.21
1989 0.30
1990 0.36
1991 0.34
1992 0.23
1993 0.14
1994 0.06
1995 0.15
1996 0.10
1997 0.10
1998 0.17
1999 0.11
2000 0.19
2001 0.68
2002 0.41
2003 0.27
2004 0.98
2005 1.04
2006 1.09
2007 0.84
2008 2.95
2009 1.41
2010 1.90
2011 2.30
2012 1.12
2013 0.74
2014 0.71
2015 0.47
2016 0.59
2017 0.79

Forest rents (% of GDP)

Forest rents (% of GDP) in Australia was 0.143 as of 2017. Its highest value over the past 47 years was 0.445 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 0.249
1972 0.277
1973 0.371
1974 0.247
1975 0.328
1976 0.266
1977 0.297
1978 0.300
1979 0.379
1980 0.445
1981 0.271
1982 0.312
1983 0.286
1984 0.198
1985 0.254
1986 0.282
1987 0.295
1988 0.234
1989 0.197
1990 0.193
1991 0.185
1992 0.188
1993 0.234
1994 0.237
1995 0.251
1996 0.225
1997 0.175
1998 0.189
1999 0.162
2000 0.178
2001 0.198
2002 0.191
2003 0.211
2004 0.117
2005 0.129
2006 0.164
2007 0.172
2008 0.175
2009 0.159
2010 0.133
2011 0.112
2012 0.091
2013 0.084
2014 0.120
2015 0.119
2016 0.139
2017 0.143

Mineral rents (% of GDP)

Mineral rents (% of GDP) in Australia was 5.38 as of 2017. Its highest value over the past 47 years was 7.19 in 2011, while its lowest value was 0.89 in 1997.

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 1.53
1979 1.78
1980 1.99
1981 1.35
1982 1.34
1983 1.25
1984 1.35
1985 1.52
1986 1.29
1987 1.42
1988 2.81
1989 1.52
1990 1.51
1991 1.25
1992 1.17
1993 0.98
1994 1.04
1995 0.96
1996 0.99
1997 0.89
1998 1.13
1999 1.05
2000 1.32
2001 1.41
2002 1.41
2003 1.50
2004 1.86
2005 3.04
2006 4.16
2007 6.18
2008 6.05
2009 4.20
2010 6.73
2011 7.19
2012 5.33
2013 6.00
2014 5.55
2015 3.84
2016 4.64
2017 5.38

Natural gas rents (% of GDP)

Natural gas rents (% of GDP) in Australia was 0.683 as of 2017. Its highest value over the past 47 years was 0.683 in 2017, while its lowest value was 0.000 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 0.000
1971 0.000
1972 0.002
1973 0.000
1974 0.020
1975 0.078
1976 0.086
1977 0.095
1978 0.102
1979 0.218
1980 0.252
1981 0.084
1982 0.010
1983 0.062
1984 0.075
1985 0.109
1986 0.187
1987 0.129
1988 0.083
1989 0.083
1990 0.158
1991 0.108
1992 0.084
1993 0.111
1994 0.143
1995 0.152
1996 0.178
1997 0.159
1998 0.116
1999 0.157
2000 0.271
2001 0.281
2002 0.256
2003 0.273
2004 0.264
2005 0.266
2006 0.296
2007 0.293
2008 0.304
2009 0.362
2010 0.316
2011 0.361
2012 0.327
2013 0.336
2014 0.429
2015 0.600
2016 0.548
2017 0.683

Oil rents (% of GDP)

Oil rents (% of GDP) in Australia was 0.21 as of 2017. Its highest value over the past 47 years was 2.83 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 1.49
1978 1.33
1979 2.83
1980 2.70
1981 1.97
1982 1.11
1983 1.60
1984 1.72
1985 2.11
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 0.94
2006 0.99
2007 0.93
2008 1.08
2009 0.64
2010 0.78
2011 0.84
2012 0.72
2013 0.54
2014 0.54
2015 0.21
2016 0.17
2017 0.21

Total natural resources rents (% of GDP)

Total natural resources rents (% of GDP) in Australia was 7.21 as of 2017. Its highest value over the past 47 years was 10.80 in 2011, while its lowest value was 1.82 in 1970.

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 1.82
1971 1.83
1972 1.84
1973 2.62
1974 3.87
1975 4.43
1976 4.85
1977 5.20
1978 4.27
1979 6.05
1980 6.23
1981 5.05
1982 4.21
1983 4.39
1984 4.24
1985 4.99
1986 3.24
1987 3.37
1988 4.14
1989 2.92
1990 3.47
1991 2.53
1992 2.38
1993 2.13
1994 2.10
1995 2.13
1996 2.23
1997 1.94
1998 1.91
1999 2.00
2000 3.26
2001 3.50
2002 3.15
2003 2.96
2004 3.89
2005 5.41
2006 6.70
2007 8.42
2008 10.55
2009 6.77
2010 9.86
2011 10.80
2012 7.59
2013 7.70
2014 7.34
2015 5.24
2016 6.10
2017 7.21

Classification

Topic: Environment Indicators

Sub-Topic: Natural resources contribution to GDP