Oman - Adjusted savings: net forest depletion (% of GNI)

Adjusted savings: net forest depletion (% of GNI) in Oman was 0.002 as of 2019. Its highest value over the past 49 years was 0.005 in 1973, while its lowest value was 0.000 in 1985.

Definition: Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.004
1971 0.003
1972 0.003
1973 0.005
1974 0.001
1975 0.001
1976 0.001
1977 0.001
1978 0.002
1979 0.001
1980 0.001
1981 0.001
1982 0.002
1983 0.001
1984 0.001
1985 0.000
1986 0.002
1987 0.002
1988 0.002
1989 0.002
1990 0.001
1991 0.002
1992 0.001
1993 0.001
1994 0.001
1995 0.002
1996 0.002
1997 0.002
1998 0.003
1999 0.001
2000 0.001
2001 0.001
2002 0.001
2003 0.002
2004 0.001
2005 0.001
2006 0.001
2007 0.001
2008 0.001
2009 0.002
2010 0.002
2011 0.002
2012 0.002
2013 0.002
2014 0.003
2015 0.003
2016 0.002
2017 0.003
2018 0.001
2019 0.002

Limitations and Exceptions: A positive net depletion figure for forest resources implies that the harvest rate exceeds the rate of natural growth; this is not the same as deforestation, which represents a change in land use. In principle, there should be an addition to savings in countries where growth exceeds harvest, but empirical estimates suggest that most of this net growth is in forested areas that cannot currently be exploited economically. Because the depletion estimates reflect only timber values, they ignore all the external and nontimber benefits associated with standing forests.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts