Latin America & the Caribbean (IDA & IBRD countries) vs Saudi Arabia: Total natural resources rents
Latin America & the Caribbean (IDA & IBRD countries)
6.3%
in 2021
Saudi Arabia
25.6%
in 2021
Latin America & the Caribbean (IDA & IBRD countries) rank
21st
Saudi Arabia rank
18th
Total natural resources rents over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 25.6% against 6.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 19.3%.
That makes Saudi Arabia's figure about 4.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 52 years both countries report, Saudi Arabia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Saudi Arabia ranks 18th of 47 groups.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.0% | 49.4% | 45.4% | Saudi Arabia |
| 1980s | 6.1% | 37.4% | 31.3% | Saudi Arabia |
| 1990s | 3.1% | 31.1% | 28.0% | Saudi Arabia |
| 2000s | 5.2% | 43.1% | 37.9% | Saudi Arabia |
| 2010s | 4.2% | 34.9% | 30.7% | Saudi Arabia |
| 2020s | 4.4% | 21.4% | 17.0% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total natural resources rents, Latin America & the Caribbean (IDA & IBRD countries) or Saudi Arabia?
- Saudi Arabia, at 25.6% against 6.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in total natural resources rents between Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 19.3%, with Saudi Arabia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 52 years are reported by both, from 1970 to 2021.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia rank globally for total natural resources rents?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Saudi Arabia ranks 18th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Total natural resources rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.