Somalia vs Venezuela, Bolivarian Republic of: Total natural resources rents
Somalia
11.2%
in 2021
Venezuela, Bolivarian Republic of
11.8%
in 2014
Somalia rank
46th
Venezuela, Bolivarian Republic of rank
43rd
Total natural resources rents over time
- Somalia
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 11.8% against 11.2% in Somalia, a difference of 0.6%.
That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Somalia's.
The two have swapped places 5 times across 23 shared years of data; in 1970 it was Venezuela, Bolivarian Republic of ahead.
Somalia ranks 46th and Venezuela, Bolivarian Republic of ranks 43rd of 214 countries.
Across the 4 decades both report, Somalia averaged higher in 1 and Venezuela, Bolivarian Republic of in 3.
Head to head by decade
| Decade | Somalia | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.4% | 18.1% | 10.7% | Venezuela, Bolivarian Republic of |
| 1980s | 10.8% | 18.0% | 7.2% | Venezuela, Bolivarian Republic of |
| 1990s | 13.5% | 29.3% | 15.8% | Venezuela, Bolivarian Republic of |
| 2010s | 18.1% | 14.7% | 3.3% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total natural resources rents, Somalia or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 11.8% against 11.2% in Somalia as of 2014.
- What is the difference in total natural resources rents between Somalia and Venezuela, Bolivarian Republic of?
- 0.6%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Somalia and Venezuela, Bolivarian Republic of?
- 23 years are reported by both, from 1970 to 2014.
- How do Somalia and Venezuela, Bolivarian Republic of rank globally for total natural resources rents?
- Somalia ranks 46th and Venezuela, Bolivarian Republic of ranks 43rd of 214 countries.
- 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.