Adjusted savings: natural resources depletion in Pacific island small states
Pacific island small states: Adjusted savings: natural resources depletion was 1.0% in 2021. ▼ Falling
Adjusted savings: natural resources depletion in Pacific island small states, 1980–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Pacific island small states recorded 1.0% for adjusted savings: natural resources depletion in 2021.
The figure is up 38.4% on the previous year and down 32.2% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Pacific island small states peaked at 1.5% in 2011 and was at its lowest, 0.5%, in 1992.
That places Pacific island small states 41st out of 47 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Adjusted savings: natural resources depletion in Pacific island small states, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 0.9% | — |
| 1981 | 0.6% | -34.8% |
| 1982 | 1.0% | +72.9% |
| 1983 | 0.9% | -7.3% |
| 1984 | 0.6% | -27.5% |
| 1985 | 0.8% | +19.1% |
| 1986 | 0.9% | +17.6% |
| 1987 | 1.3% | +45.0% |
| 1988 | 1.3% | -0.3% |
| 1989 | 1.2% | -12.4% |
| 1990 | 1.0% | -15.0% |
| 1991 | 0.8% | -18.9% |
| 1992 | 0.5% | -40.0% |
| 1993 | 0.8% | +57.7% |
| 1994 | 0.9% | +25.4% |
| 1995 | 0.9% | -1.4% |
| 1996 | 0.9% | -4.3% |
| 1997 | 0.7% | -16.7% |
| 1998 | 0.8% | +13.9% |
| 1999 | 0.7% | -20.8% |
| 2000 | 0.6% | -4.5% |
| 2001 | 0.6% | -0.9% |
| 2002 | 0.7% | +6.8% |
| 2003 | 0.7% | -2.7% |
| 2004 | 0.5% | -20.5% |
| 2005 | 0.7% | +42.1% |
| 2006 | 0.6% | -21.7% |
| 2007 | 0.5% | -15.9% |
| 2008 | 0.6% | +23.3% |
| 2009 | 0.7% | +16.0% |
| 2010 | 1.2% | +64.8% |
| 2011 | 1.5% | +30.8% |
| 2012 | 1.5% | -0.8% |
| 2013 | 1.0% | -35.4% |
| 2014 | 0.9% | -10.8% |
| 2015 | 0.6% | -25.9% |
| 2016 | 0.6% | +0.7% |
| 2017 | 0.8% | +26.2% |
| 2018 | 0.7% | -8.7% |
| 2019 | 0.7% | -9.5% |
| 2020 | 0.7% | +10.2% |
| 2021 | 1.0% | +38.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9% | 0.6% | 1.3% | 10 |
| 1990s | 0.8% | 0.5% | 1.0% | 10 |
| 2000s | 0.6% | 0.5% | 0.7% | 10 |
| 2010s | 0.9% | 0.6% | 1.5% | 10 |
| 2020s | 0.9% | 0.7% | 1.0% | 2 |
Countries ranked near Pacific island small states
- 38 Sierra Leone 8.1% compare
- 39 Norway 7.7% compare
- 40 Peru 7.6% compare
- 41 Mauritania 7.3% compare
- 42 Bolivia, Plurinational State of 6.9% compare
- 43 Togo 6.7% compare
- 44 Iran, Islamic Republic of 6.7% compare
More economy & growth data for Pacific island small states
- Gross fixed capital formation (current US$), annual growth rate 11.4 % change on previous year (2024)
- Final consumption expenditure (current US$), per capita 4,485 current US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 7.37 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.22 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 5,536 current US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate 7.69 % change on previous year (2024)
- Exports of goods and services (current US$), per unit of GDP 0.4148 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 1,878 current US$ per person (2024)
- Gross capital formation (current US$), per capita 1,051 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.2321 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Pacific island small states?
- Adjusted savings: natural resources depletion in Pacific island small states was 1.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Pacific island small states?
- The highest recorded value was 1.5% in 2011.
- What is the lowest adjusted savings: natural resources depletion recorded in Pacific island small states?
- The lowest recorded value was 0.5% in 1992.
- How does Pacific island small states rank for adjusted savings: natural resources depletion?
- Pacific island small states ranks 41st out of 47 groups with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Pacific island small states?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is falling.
- Where does this Pacific island small states data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. 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.