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

Adjusted savings: net forest depletion (% of GNI) in Lesotho was 2.52 as of 2019. Its highest value over the past 49 years was 7.18 in 1977, while its lowest value was 1.70 in 1993.

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 7.03
1971 5.37
1972 5.44
1973 6.01
1974 4.45
1975 6.20
1976 4.73
1977 7.18
1978 5.79
1979 4.61
1980 4.24
1981 3.70
1982 5.56
1983 3.25
1984 3.46
1985 3.21
1986 4.59
1987 3.50
1988 3.52
1989 3.49
1990 2.35
1991 2.22
1992 2.05
1993 1.70
1994 2.07
1995 2.96
1996 3.22
1997 2.96
1998 3.51
1999 2.52
2000 2.66
2001 2.45
2002 3.15
2003 3.75
2004 2.75
2005 2.59
2006 2.41
2007 3.50
2008 3.96
2009 4.33
2010 2.87
2011 2.98
2012 3.68
2013 4.09
2014 4.61
2015 5.37
2016 6.15
2017 5.21
2018 2.82
2019 2.52

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