Adjusted savings: carbon dioxide damage in European Union
European Union: Adjusted savings: carbon dioxide damage was 0.7% in 2021. ▬ Flat
Adjusted savings: carbon dioxide damage in European Union, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
European Union recorded 0.7% for adjusted savings: carbon dioxide damage in 2021.
The figure is down 2.8% on the previous year and up 13.2% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in European Union peaked at 0.9% in 2001 and was at its lowest, 0.6%, in 2008.
European Union ranks 46th of 47 groups on this measure, in the bottom quarter.
Adjusted savings: carbon dioxide damage in European Union, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 0.6% | — |
| 1991 | 0.6% | +1.4% |
| 1992 | 0.6% | -3.3% |
| 1993 | 0.7% | +14.6% |
| 1994 | 0.7% | -1.6% |
| 1995 | 0.6% | -7.0% |
| 1996 | 0.7% | +5.4% |
| 1997 | 0.7% | +11.1% |
| 1998 | 0.7% | +0.1% |
| 1999 | 0.7% | +2.3% |
| 2000 | 0.9% | +14.5% |
| 2001 | 0.9% | +4.9% |
| 2002 | 0.8% | -4.9% |
| 2003 | 0.7% | -12.9% |
| 2004 | 0.7% | -8.8% |
| 2005 | 0.7% | +0.3% |
| 2006 | 0.7% | -0.3% |
| 2007 | 0.6% | -10.0% |
| 2008 | 0.6% | -7.6% |
| 2009 | 0.6% | +4.7% |
| 2010 | 0.6% | +7.6% |
| 2011 | 0.6% | -6.5% |
| 2012 | 0.6% | +9.9% |
| 2013 | 0.6% | -3.0% |
| 2014 | 0.6% | -3.1% |
| 2015 | 0.7% | +22.3% |
| 2016 | 0.8% | +0.9% |
| 2017 | 0.7% | -1.3% |
| 2018 | 0.7% | -5.6% |
| 2019 | 0.7% | +1.0% |
| 2020 | 0.7% | -2.9% |
| 2021 | 0.7% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.6% | 0.7% | 10 |
| 2000s | 0.7% | 0.6% | 0.9% | 10 |
| 2010s | 0.7% | 0.6% | 0.8% | 10 |
| 2020s | 0.7% | 0.7% | 0.7% | 2 |
Countries ranked near European Union
- 43 Congo 2.5% compare
- 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
More economy & growth data for European Union
- Exports of goods and services (current US$), per unit of GDP 0.4961 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.12 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7211 constant 2015 US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2131 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in European Union?
- Adjusted savings: carbon dioxide damage in European Union was 0.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in European Union?
- The highest recorded value was 0.9% in 2001.
- What is the lowest adjusted savings: carbon dioxide damage recorded in European Union?
- The lowest recorded value was 0.6% in 2008.
- How does European Union rank for adjusted savings: carbon dioxide damage?
- European Union ranks 46th out of 47 groups with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in European Union?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is flat.
- Where does this European Union 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
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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.