Mineral rents in Arab World
Arab World: Mineral rents was 0.2% in 2021. ◆ Volatile
Mineral rents in Arab World, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Arab World recorded 0.2% for mineral rents in 2021.
That represents a change of up 155.1% on the previous year and down 66.3% over ten years.
Over the whole period, mineral rents in Arab World peaked at 0.9% in 1974 and was at its lowest, 0.0%, in 2003.
Arab World ranks 44th of 45 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Arab World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.1% | -21.8% |
| 1972 | 0.1% | -17.3% |
| 1973 | 0.2% | +43.8% |
| 1974 | 0.9% | +472.5% |
| 1975 | 0.7% | -23.7% |
| 1976 | 0.3% | -63.6% |
| 1977 | 0.5% | +102.4% |
| 1978 | 0.1% | -80.2% |
| 1979 | 0.1% | +13.7% |
| 1980 | 0.1% | +5.5% |
| 1981 | 0.1% | +16.1% |
| 1982 | 0.1% | -11.9% |
| 1983 | 0.1% | -7.5% |
| 1984 | 0.1% | -31.0% |
| 1985 | 0.1% | +36.7% |
| 1986 | 0.1% | -39.5% |
| 1987 | 0.0% | -46.9% |
| 1988 | 0.2% | +403.3% |
| 1989 | 0.1% | -71.0% |
| 1990 | 0.0% | -32.5% |
| 1991 | 0.0% | -47.6% |
| 1992 | 0.0% | +35.8% |
| 1993 | 0.0% | -20.4% |
| 1994 | 0.0% | +48.2% |
| 1995 | 0.0% | -9.8% |
| 1996 | 0.0% | -18.6% |
| 1997 | 0.0% | -19.7% |
| 1998 | 0.0% | +22.8% |
| 1999 | 0.0% | -38.1% |
| 2000 | 0.0% | -5.2% |
| 2001 | 0.0% | +8.7% |
| 2002 | 0.0% | +7.6% |
| 2003 | 0.0% | -55.3% |
| 2004 | 0.0% | +641.9% |
| 2005 | 0.1% | +68.9% |
| 2006 | 0.1% | +27.2% |
| 2007 | 0.2% | +63.5% |
| 2008 | 0.6% | +238.9% |
| 2009 | 0.5% | -19.1% |
| 2010 | 0.4% | -10.1% |
| 2011 | 0.5% | +24.7% |
| 2012 | 0.4% | -16.4% |
| 2013 | 0.3% | -30.4% |
| 2014 | 0.2% | -24.5% |
| 2015 | 0.2% | -18.8% |
| 2016 | 0.2% | +12.4% |
| 2017 | 0.2% | +7.4% |
| 2018 | 0.1% | -34.3% |
| 2019 | 0.1% | -65.8% |
| 2020 | 0.1% | +36.6% |
| 2021 | 0.2% | +155.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.1% | 0.9% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.1% | 0.0% | 0.6% | 10 |
| 2010s | 0.3% | 0.1% | 0.5% | 10 |
| 2020s | 0.1% | 0.1% | 0.2% | 2 |
Countries ranked near Arab World
More energy & mining data for Arab World
- Fuel imports 8.9% (2023)
- Ores and metals imports 3.6% (2023)
- Ores and metals exports 4.2% (2023)
- Fuel exports 68.5% (2023)
- Electric power transmission and distribution losses 16.2% (2023)
- Natural gas rents 2.8% (2021)
- Total natural resources rents 20.4% (2021)
- Alternative and nuclear energy 2.0% (2023)
- Electric power consumption 2,739 kWh per capita (2023)
- Combustible renewables and waste 2.7% (2023)
Frequently asked questions
- What is mineral rents in Arab World?
- Mineral rents in Arab World was 0.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Arab World?
- The highest recorded value was 0.9% in 1974.
- What is the lowest mineral rents recorded in Arab World?
- The lowest recorded value was 0.0% in 2003.
- How does Arab World rank for mineral rents?
- Arab World ranks 44th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in Arab World?
- Over the last ten years it is down 66.3%. The long-run trend across the full record is volatile.
- Where does this Arab World 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.