Mineral rents in Armenia
Armenia: Mineral rents was 6.8% in 2021. ◆ Volatile
Mineral rents in Armenia, 1990–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Armenia is 6.8%, measured in 2021. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 215.4% on the previous year and up 174.8% over ten years.
Over the whole period, mineral rents in Armenia peaked at 6.8% in 2021 and was at its lowest, 0.0%, in 1990.
That places Armenia 18th out of 214 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.3% | — |
| 1993 | 0.3% | +1.7% |
| 1994 | 0.5% | +72.3% |
| 1995 | 0.6% | +18.8% |
| 1996 | 0.3% | -49.0% |
| 1997 | 0.3% | +3.8% |
| 1998 | 0.1% | -69.8% |
| 1999 | 0.1% | +68.4% |
| 2000 | 0.3% | +82.8% |
| 2001 | 0.3% | +3.5% |
| 2002 | 0.6% | +103.1% |
| 2003 | 0.0% | -98.9% |
| 2004 | 0.0% | -100.0% |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 2.4% | +7042.5% |
| 2011 | 2.5% | +4.8% |
| 2012 | 1.1% | -54.0% |
| 2013 | 0.9% | -24.0% |
| 2014 | 0.1% | -92.4% |
| 2015 | 0.5% | +650.5% |
| 2016 | 0.0% | -100.0% |
| 2017 | 0.0% | — |
| 2018 | 0.8% | — |
| 2019 | 1.9% | +135.7% |
| 2020 | 2.2% | +10.5% |
| 2021 | 6.8% | +215.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.0% | 0.6% | 10 |
| 2000s | 0.1% | 0.0% | 0.6% | 10 |
| 2010s | 1.0% | 0.0% | 2.5% | 10 |
| 2020s | 4.5% | 2.2% | 6.8% | 2 |
Countries ranked near Armenia
- 15 Kazakhstan 9.1% compare
- 16 Uzbekistan 8.5% compare
- 17 Tajikistan 7.1% compare
- 19 Sudan 6.6% compare
- 20 Bolivia, Plurinational State of 5.9% compare
- 21 Liberia 5.4% compare
More energy & mining data for Armenia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 2.89 % 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 6.4% (2024)
Frequently asked questions
- What is mineral rents in Armenia?
- Mineral rents in Armenia was 6.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Armenia?
- The highest recorded value was 6.8% in 2021.
- What is the lowest mineral rents recorded in Armenia?
- The lowest recorded value was 0.0% in 1990.
- How does Armenia rank for mineral rents?
- Armenia ranks 18th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Armenia?
- Over the last ten years it is up 174.8%. The long-run trend across the full record is volatile.
- Where does this Armenia 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.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.