Iceland - Adjusted savings

Adjusted savings: natural resources depletion (% of GNI)

Adjusted savings: natural resources depletion (% of GNI) in Iceland was 0.000 as of 2019. Its highest value over the past 8 years was 0.000 in 2019, while its lowest value was 0.000 in 2011.

Definition: Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

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
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts