Statizoid

Australia vs China: Adjusted savings: mineral depletion

Australia
68.60 billion current US$
in 2021
China
56.61 billion current US$
in 2021
Australia rank
1st
China rank
2nd

Adjusted savings: mineral depletion over time

  • Australia
  • China
050.0B100.0B150.0B197019952021

How they compare

Australia currently reports 68.60 billion current US$ against 56.61 billion current US$ in China, a difference of 11.99 billion current US$.

That makes Australia's figure about 1.2 times China's.

The two have swapped places 8 times across 52 shared years of data; in 1970 it was Australia ahead.

Globally, Australia ranks 1st and China ranks 2nd of 217 countries.

Individual pages

About this data

Indicator
Adjusted savings: mineral depletion (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 11,281 data points, 1970–2021
Last refreshed

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.