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

Adjusted savings: net forest depletion (% of GNI) in Seychelles was 0.016 as of 2019. Its highest value over the past 29 years was 0.031 in 2008, while its lowest value was 0.000 in 1990.

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
1990 0.000
1991 0.000
1992 0.000
1993 0.000
1994 0.000
1995 0.000
1996 0.000
1997 0.000
1998 0.000
1999 0.000
2000 0.003
2001 0.004
2002 0.002
2003 0.003
2004 0.002
2005 0.012
2006 0.015
2007 0.018
2008 0.031
2009 0.029
2010 0.027
2011 0.030
2012 0.031
2013 0.024
2014 0.024
2015 0.020
2016 0.020
2017 0.024
2018 0.023
2019 0.016

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