Mineral rents in Africa Western and Central
Africa Western and Central: Mineral rents was 1.5% in 2021. ◆ Volatile
Mineral rents in Africa Western and Central, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Africa Western and Central recorded 1.5% for mineral rents in 2021. That is the highest value across all 52 years on record.
That represents a change of up 195.7% on the previous year and up 35.8% over ten years.
Over the whole period, mineral rents in Africa Western and Central peaked at 1.5% in 2021 and was at its lowest, 0.1%, in 1982.
That places Africa Western and Central 16th out of 47 groups with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Africa Western and Central, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.2% | +11.3% |
| 1972 | 0.2% | -4.6% |
| 1973 | 0.2% | +3.9% |
| 1974 | 0.7% | +213.1% |
| 1975 | 0.5% | -31.1% |
| 1976 | 0.3% | -36.7% |
| 1977 | 0.6% | +84.1% |
| 1978 | 0.2% | -66.1% |
| 1979 | 0.2% | +23.8% |
| 1980 | 0.3% | +24.1% |
| 1981 | 0.1% | -55.7% |
| 1982 | 0.1% | -7.6% |
| 1983 | 0.1% | +20.7% |
| 1984 | 0.2% | +10.6% |
| 1985 | 0.2% | +4.4% |
| 1986 | 0.6% | +257.0% |
| 1987 | 0.5% | -15.1% |
| 1988 | 0.6% | +8.8% |
| 1989 | 0.7% | +31.8% |
| 1990 | 0.6% | -19.4% |
| 1991 | 0.6% | +4.2% |
| 1992 | 0.6% | -9.3% |
| 1993 | 0.5% | -15.5% |
| 1994 | 0.5% | +1.3% |
| 1995 | 0.2% | -64.0% |
| 1996 | 0.2% | +11.9% |
| 1997 | 0.2% | -12.1% |
| 1998 | 0.1% | -12.3% |
| 1999 | 0.3% | +71.9% |
| 2000 | 0.3% | +20.4% |
| 2001 | 0.3% | +3.4% |
| 2002 | 0.3% | -2.2% |
| 2003 | 0.1% | -53.0% |
| 2004 | 0.2% | +25.0% |
| 2005 | 0.3% | +68.3% |
| 2006 | 0.4% | +40.9% |
| 2007 | 0.6% | +29.6% |
| 2008 | 0.6% | +4.4% |
| 2009 | 0.6% | +8.7% |
| 2010 | 0.8% | +22.7% |
| 2011 | 1.1% | +38.1% |
| 2012 | 1.0% | -10.1% |
| 2013 | 0.7% | -28.9% |
| 2014 | 0.5% | -23.5% |
| 2015 | 0.4% | -23.3% |
| 2016 | 0.6% | +35.6% |
| 2017 | 0.7% | +22.5% |
| 2018 | 0.6% | -11.6% |
| 2019 | 0.4% | -36.1% |
| 2020 | 0.5% | +30.6% |
| 2021 | 1.5% | +195.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.2% | 0.7% | 10 |
| 1980s | 0.3% | 0.1% | 0.7% | 10 |
| 1990s | 0.4% | 0.1% | 0.6% | 10 |
| 2000s | 0.4% | 0.1% | 0.6% | 10 |
| 2010s | 0.7% | 0.4% | 1.1% | 10 |
| 2020s | 1.0% | 0.5% | 1.5% | 2 |
Countries ranked near Africa Western and Central
- 13 Mauritania 9.6% compare
- 14 Guyana 9.4% compare
- 15 Kazakhstan 9.1% compare
- 16 Uzbekistan 8.5% compare
- 17 Tajikistan 7.1% compare
- 18 Armenia 6.8% compare
- 19 Sudan 6.6% compare
More energy & mining data for Africa Western and Central
- Fuel imports 27.6% (2023)
- Ores and metals imports 0.9% (2023)
- Ores and metals exports 3.9% (2023)
- Fuel exports 61.6% (2023)
- Electric power transmission and distribution losses 15.6% (2023)
- Natural gas rents 0.9% (2021)
- Total natural resources rents 9.7% (2021)
- Alternative and nuclear energy 1.9% (2023)
- Electric power consumption 207.97 kWh per capita (2023)
- Combustible renewables and waste 52.1% (2023)
Frequently asked questions
- What is mineral rents in Africa Western and Central?
- Mineral rents in Africa Western and Central was 1.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Africa Western and Central?
- The highest recorded value was 1.5% in 2021.
- What is the lowest mineral rents recorded in Africa Western and Central?
- The lowest recorded value was 0.1% in 1982.
- How does Africa Western and Central rank for mineral rents?
- Africa Western and Central ranks 16th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Africa Western and Central?
- Over the last ten years it is up 35.8%. The long-run trend across the full record is volatile.
- Where does this Africa Western and Central data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.