Adjusted savings: carbon dioxide damage in Australia
Australia: Adjusted savings: carbon dioxide damage was 16.94 billion current US$ in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Australia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Australia is 16.94 billion current US$, measured in 2021. That is the highest value across all 32 years on record.
That represents a change of up 6.5% on the previous year and up 47.0% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Australia peaked at 16.94 billion current US$ in 2021 and was at its lowest, 3.19 billion current US$, in 1990.
That places Australia 16th out of 209 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.40 billion current US$ | 3.19 billion current US$ | 5.92 billion current US$ | 10 |
| 2000s | 8.47 billion current US$ | 6.30 billion current US$ | 10.92 billion current US$ | 10 |
| 2010s | 13.19 billion current US$ | 11.08 billion current US$ | 15.76 billion current US$ | 10 |
| 2020s | 16.42 billion current US$ | 15.91 billion current US$ | 16.94 billion current US$ | 2 |
Countries ranked near Australia
More economy & growth data for Australia
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
- Taxes less subsidies on products 115.11 billion current US$ (2025)
- Net primary income (Net income from abroad) -77.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -50.06 billion current US$ (2025)
- GNI per capita 97,831 current LCU (2025)
- GNI per capita, Atlas method 64,120 current US$ (2025)
- GNI 2.70 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Australia?
- Adjusted savings: carbon dioxide damage in Australia was 16.94 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Australia?
- The highest recorded value was 16.94 billion current US$ in 2021.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Australia?
- The lowest recorded value was 3.19 billion current US$ in 1990.
- How does Australia rank for adjusted savings: carbon dioxide damage?
- Australia ranks 16th out of 209 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Australia?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.