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$, in 1971.
That places Australia 1st out of 216 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 442.31 million current US$ | 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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 17.26 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.1 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.064 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 4,169 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.45 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0989 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 6,441 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (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 216 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.
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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.