Adjusted savings: carbon dioxide damage in Euro area
Euro area: Adjusted savings: carbon dioxide damage was 0.6% in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Euro area, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: carbon dioxide damage in Euro area stood at 0.6%.
The figure is down 2.5% on the previous year and up 13.9% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Euro area peaked at 0.8% in 2001 and was at its lowest, 0.5%, in 1992.
That places Euro area 47th out of 47 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Euro area, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | +1.9% |
| 1992 | 0.5% | -6.9% |
| 1993 | 0.6% | +12.8% |
| 1994 | 0.6% | -0.8% |
| 1995 | 0.5% | -5.8% |
| 1996 | 0.5% | +5.2% |
| 1997 | 0.6% | +12.5% |
| 1998 | 0.6% | +2.2% |
| 1999 | 0.7% | +3.4% |
| 2000 | 0.8% | +15.8% |
| 2001 | 0.8% | +5.2% |
| 2002 | 0.8% | -4.4% |
| 2003 | 0.7% | -13.4% |
| 2004 | 0.6% | -8.4% |
| 2005 | 0.6% | +1.3% |
| 2006 | 0.6% | -0.3% |
| 2007 | 0.5% | -9.6% |
| 2008 | 0.5% | -6.8% |
| 2009 | 0.5% | +3.4% |
| 2010 | 0.6% | +8.4% |
| 2011 | 0.5% | -6.6% |
| 2012 | 0.6% | +10.7% |
| 2013 | 0.6% | -2.6% |
| 2014 | 0.6% | -3.4% |
| 2015 | 0.7% | +22.7% |
| 2016 | 0.7% | +0.3% |
| 2017 | 0.7% | -1.4% |
| 2018 | 0.6% | -5.9% |
| 2019 | 0.6% | +1.2% |
| 2020 | 0.6% | -2.9% |
| 2021 | 0.6% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.7% | 10 |
| 2000s | 0.6% | 0.5% | 0.8% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 2 |
Countries ranked near Euro area
- 44 Jamaica 2.5% compare
- 45 North Macedonia 2.5% compare
- 46 Mozambique 2.5% compare
- 47 Bolivia, Plurinational State of 2.5% compare
- 48 Kuwait 2.4% compare
- 49 Jordan 2.4% compare
- 50 Türkiye 2.4% compare
More economy & growth data for Euro area
- Gross fixed capital formation (current US$), per capita 10,635 current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.12 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3841 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 19,286 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.59 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2118 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.1595 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per unit of GDP 0.2189 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), annual growth rate 10.85 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 24,389 current US$ per person (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Euro area?
- Adjusted savings: carbon dioxide damage in Euro area was 0.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Euro area?
- The highest recorded value was 0.8% in 2001.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Euro area?
- The lowest recorded value was 0.5% in 1992.
- How does Euro area rank for adjusted savings: carbon dioxide damage?
- Euro area ranks 47th out of 47 groups with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Euro area?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
- Where does this Euro area data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.