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

Adjusted savings: net forest depletion (% of GNI) in World was 0.030 as of 2019. Its highest value over the past 49 years was 0.055 in 1977, while its lowest value was 0.018 in 2000.

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 0.021
1971 0.019
1972 0.021
1973 0.031
1974 0.027
1975 0.039
1976 0.029
1977 0.055
1978 0.047
1979 0.032
1980 0.033
1981 0.032
1982 0.048
1983 0.033
1984 0.028
1985 0.020
1986 0.028
1987 0.026
1988 0.024
1989 0.024
1990 0.026
1991 0.026
1992 0.025
1993 0.022
1994 0.022
1995 0.028
1996 0.027
1997 0.026
1998 0.026
1999 0.019
2000 0.018
2001 0.018
2002 0.021
2003 0.028
2004 0.022
2005 0.022
2006 0.023
2007 0.030
2008 0.034
2009 0.035
2010 0.037
2011 0.037
2012 0.039
2013 0.038
2014 0.043
2015 0.047
2016 0.051
2017 0.048
2018 0.033
2019 0.030

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