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

Adjusted savings: net forest depletion (% of GNI) in Slovak Republic was 0.088 as of 2019. Its highest value over the past 24 years was 0.121 in 2017, while its lowest value was 0.000 in 1995.

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
1995 0.000
1996 0.000
1997 0.000
1998 0.000
1999 0.000
2000 0.000
2001 0.000
2002 0.000
2003 0.000
2004 0.003
2005 0.061
2006 0.028
2007 0.044
2008 0.080
2009 0.075
2010 0.106
2011 0.103
2012 0.075
2013 0.070
2014 0.094
2015 0.087
2016 0.096
2017 0.121
2018 0.105
2019 0.088

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