Adjusted savings: mineral depletion in Australia
Australia: Adjusted savings: mineral depletion was 68.60 billion current US$ in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Australia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Australia recorded 68.60 billion current US$ for adjusted savings: mineral depletion in 2021. That is the highest value across all 52 years on record.
That represents a change of up 193.3% on the previous year and up 170.7% over ten years.
Over the whole period, adjusted savings: mineral depletion in Australia peaked at 68.60 billion current US$ in 2021 and was at its lowest, 179.42 million current US$, in 1971.
That places Australia 1st out of 217 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 442.31 million current US$ | 179.42 million current US$ | 755.53 million current US$ | 10 |
| 1980s | 933.59 million current US$ | 683.71 million current US$ | 1.47 billion current US$ | 10 |
| 1990s | 1.34 billion current US$ | 1.09 billion current US$ | 1.61 billion current US$ | 10 |
| 2000s | 6.72 billion current US$ | 1.44 billion current US$ | 18.41 billion current US$ | 10 |
| 2010s | 15.98 billion current US$ | 9.06 billion current US$ | 25.34 billion current US$ | 10 |
| 2020s | 45.99 billion current US$ | 23.39 billion current US$ | 68.60 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: mineral depletion in Australia?
- Adjusted savings: mineral depletion in Australia was 68.60 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Australia?
- The highest recorded value was 68.60 billion current US$ in 2021.
- What is the lowest adjusted savings: mineral depletion recorded in Australia?
- The lowest recorded value was 179.42 million current US$ in 1971.
- How does Australia rank for adjusted savings: mineral depletion?
- Australia ranks 1st out of 217 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Australia?
- Over the last ten years it is up 170.7%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: mineral depletion (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.