Adjusted savings: mineral depletion in Australia
Australia: Adjusted savings: mineral depletion was 4.5% in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Australia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: mineral depletion in Australia is 4.5%, measured in 2021. That is the highest value across all 52 years on record.
The figure is up 147.8% on the previous year and up 136.6% over ten years.
Over the whole period, adjusted savings: mineral depletion in Australia peaked at 4.5% in 2021 and was at its lowest, 0.3%, in 1996.
That places Australia 20th out of 208 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.
Adjusted savings: mineral depletion in Australia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.4% | — |
| 1971 | 0.4% | -8.6% |
| 1972 | 0.4% | -5.1% |
| 1973 | 0.6% | +50.5% |
| 1974 | 0.7% | +15.1% |
| 1975 | 0.5% | -31.0% |
| 1976 | 0.5% | +17.9% |
| 1977 | 0.6% | +6.1% |
| 1978 | 0.5% | -20.7% |
| 1979 | 0.6% | +25.6% |
| 1980 | 0.7% | +17.2% |
| 1981 | 0.4% | -38.2% |
| 1982 | 0.4% | -1.3% |
| 1983 | 0.4% | -4.1% |
| 1984 | 0.4% | +6.3% |
| 1985 | 0.4% | +7.4% |
| 1986 | 0.4% | -4.7% |
| 1987 | 0.5% | +26.9% |
| 1988 | 0.6% | +9.9% |
| 1989 | 0.5% | -14.7% |
| 1990 | 0.5% | +6.6% |
| 1991 | 0.5% | -14.5% |
| 1992 | 0.4% | -6.0% |
| 1993 | 0.4% | -16.9% |
| 1994 | 0.4% | +21.9% |
| 1995 | 0.4% | -9.0% |
| 1996 | 0.3% | -23.7% |
| 1997 | 0.3% | +4.1% |
| 1998 | 0.4% | +16.0% |
| 1999 | 0.3% | -12.9% |
| 2000 | 0.4% | +25.1% |
| 2001 | 0.4% | +6.7% |
| 2002 | 0.4% | -12.5% |
| 2003 | 0.3% | -13.2% |
| 2004 | 0.4% | +27.8% |
| 2005 | 0.9% | +111.5% |
| 2006 | 1.3% | +52.0% |
| 2007 | 2.0% | +47.9% |
| 2008 | 1.8% | -7.7% |
| 2009 | 1.0% | -46.3% |
| 2010 | 1.7% | +71.6% |
| 2011 | 1.9% | +12.8% |
| 2012 | 1.2% | -38.6% |
| 2013 | 1.1% | -4.4% |
| 2014 | 1.0% | -5.4% |
| 2015 | 0.7% | -34.7% |
| 2016 | 1.1% | +58.5% |
| 2017 | 1.0% | -5.9% |
| 2018 | 1.2% | +21.5% |
| 2019 | 1.1% | -13.5% |
| 2020 | 1.8% | +68.1% |
| 2021 | 4.5% | +147.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.4% | 0.7% | 10 |
| 1980s | 0.5% | 0.4% | 0.7% | 10 |
| 1990s | 0.4% | 0.3% | 0.5% | 10 |
| 2000s | 0.9% | 0.3% | 2.0% | 10 |
| 2010s | 1.2% | 0.7% | 1.9% | 10 |
| 2020s | 3.1% | 1.8% | 4.5% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: mineral depletion in Australia?
- Adjusted savings: mineral depletion in Australia was 4.5% 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 4.5% in 2021.
- What is the lowest adjusted savings: mineral depletion recorded in Australia?
- The lowest recorded value was 0.3% in 1996.
- How does Australia rank for adjusted savings: mineral depletion?
- Australia ranks 20th out of 208 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Australia?
- Over the last ten years it is up 136.6%. 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 (% of GNI). Statizoid updates them automatically from the source API.
Download this data
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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 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.