Australia vs Italy: Adjusted savings: carbon dioxide damage

Australia
16.94 billion current US$
in 2021
Italy
13.15 billion current US$
in 2021
Australia rank
16th
Italy rank
19th

Adjusted savings: carbon dioxide damage over time

  • Australia
  • Italy
5.0B10.0B15.0B199020052021

How they compare

Australia currently reports 16.94 billion current US$ against 13.15 billion current US$ in Italy, a difference of 3.79 billion current US$.

That makes Australia's figure about 1.3 times Italy's.

The two have swapped places 1 time across 32 shared years of data; in 1990 it was Italy ahead.

Globally, Australia ranks 16th and Italy ranks 19th of 209 countries.

Individual pages

About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 6,864 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.