Mineral rents in Albania
Albania: Mineral rents was 0.2% in 2021. ◆ Volatile
Mineral rents in Albania, 1984–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Albania recorded 0.2% for mineral rents in 2021.
Compared with earlier readings it is up 362.9% on the previous year and down 17.7% over ten years.
Over the whole period, mineral rents in Albania peaked at 3.7% in 1989 and was at its lowest, 0.0%, in 2000.
Albania ranks 66th of 214 countries on this measure, 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 Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 0.6% | — |
| 1985 | 0.7% | +14.4% |
| 1986 | 0.4% | -36.3% |
| 1987 | 0.7% | +52.9% |
| 1988 | 3.6% | +441.0% |
| 1989 | 3.7% | +0.1% |
| 1990 | 1.5% | -59.2% |
| 1991 | 2.3% | +56.0% |
| 1992 | 0.4% | -81.4% |
| 1993 | 0.1% | -66.0% |
| 1994 | 0.0% | -69.3% |
| 1995 | 0.0% | -17.4% |
| 1996 | 0.0% | +0.7% |
| 1997 | 0.0% | -77.0% |
| 1998 | 0.0% | +113.1% |
| 1999 | 0.0% | -69.1% |
| 2000 | 0.0% | -100.0% |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | +152.0% |
| 2006 | 0.1% | +382.5% |
| 2007 | 0.8% | +588.5% |
| 2008 | 0.1% | -90.6% |
| 2009 | 0.0% | -46.8% |
| 2010 | 0.1% | +239.5% |
| 2011 | 0.2% | +54.1% |
| 2012 | 0.2% | -24.3% |
| 2013 | 0.1% | -32.7% |
| 2014 | 0.1% | -5.6% |
| 2015 | 0.1% | -37.6% |
| 2016 | 0.0% | -95.9% |
| 2017 | 0.0% | -100.0% |
| 2018 | 0.0% | — |
| 2019 | 0.0% | -11.0% |
| 2020 | 0.0% | +7.0% |
| 2021 | 0.2% | +362.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.6% | 0.4% | 3.7% | 6 |
| 1990s | 0.5% | 0.0% | 2.3% | 10 |
| 2000s | 0.1% | 0.0% | 0.8% | 10 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 0.1% | 0.0% | 0.2% | 2 |
Countries ranked near Albania
- 63 Cuba 0.2% compare
- 64 Botswana 0.2% compare
- 65 Sierra Leone 0.2% compare
- 67 Saudi Arabia 0.2% compare
- 68 Portugal 0.1% compare
- 69 Mozambique 0.1% compare
More energy & mining data for Albania
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 4.97 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 8.6% (2024)
Frequently asked questions
- What is mineral rents in Albania?
- Mineral rents in Albania was 0.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Albania?
- The highest recorded value was 3.7% in 1989.
- What is the lowest mineral rents recorded in Albania?
- The lowest recorded value was 0.0% in 2000.
- How does Albania rank for mineral rents?
- Albania ranks 66th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Albania?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is volatile.
- Where does this Albania 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.