Mineral rents in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Mineral rents was 2.7% in 2021. ◆ Volatile
Mineral rents in Europe & Central Asia (excluding high income), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Europe & Central Asia (excluding high income) stood at 2.7%. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 141.0% on the previous year and up 59.7% over ten years.
Over the whole period, mineral rents in Europe & Central Asia (excluding high income) peaked at 2.7% in 2021 and was at its lowest, 0.0%, in 1987.
Europe & Central Asia (excluding high income) ranks 12th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Europe & Central Asia (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.1% | -44.8% |
| 1972 | 0.1% | -20.1% |
| 1973 | 0.2% | +116.4% |
| 1974 | 0.2% | -20.3% |
| 1975 | 0.1% | -56.9% |
| 1976 | 0.1% | +33.3% |
| 1977 | 0.1% | -15.4% |
| 1978 | 0.0% | -37.1% |
| 1979 | 0.0% | -0.3% |
| 1980 | 0.1% | +42.5% |
| 1981 | 0.1% | -1.9% |
| 1982 | 0.1% | +15.1% |
| 1983 | 0.1% | -19.6% |
| 1984 | 0.1% | +2.4% |
| 1985 | 0.1% | +12.4% |
| 1986 | 0.0% | -51.2% |
| 1987 | 0.0% | -40.0% |
| 1988 | 0.1% | +460.3% |
| 1989 | 0.1% | +21.5% |
| 1990 | 0.0% | -66.4% |
| 1991 | 0.0% | -43.0% |
| 1992 | 0.8% | +2576.6% |
| 1993 | 0.4% | -50.5% |
| 1994 | 0.3% | -18.2% |
| 1995 | 0.2% | -50.3% |
| 1996 | 0.1% | -37.3% |
| 1997 | 0.1% | -28.3% |
| 1998 | 0.1% | +43.5% |
| 1999 | 0.1% | -36.3% |
| 2000 | 0.1% | +29.6% |
| 2001 | 0.1% | -19.3% |
| 2002 | 0.2% | +135.0% |
| 2003 | 0.1% | -19.4% |
| 2004 | 0.3% | +113.6% |
| 2005 | 0.4% | +58.0% |
| 2006 | 0.8% | +83.2% |
| 2007 | 1.1% | +45.3% |
| 2008 | 1.0% | -7.1% |
| 2009 | 0.6% | -39.5% |
| 2010 | 1.5% | +142.1% |
| 2011 | 1.7% | +11.6% |
| 2012 | 1.2% | -26.7% |
| 2013 | 1.1% | -13.7% |
| 2014 | 0.8% | -23.5% |
| 2015 | 0.5% | -38.4% |
| 2016 | 0.8% | +59.4% |
| 2017 | 1.0% | +29.1% |
| 2018 | 1.1% | +2.2% |
| 2019 | 0.8% | -26.3% |
| 2020 | 1.1% | +43.6% |
| 2021 | 2.7% | +141.0% |
Biggest year-on-year movements
Years where Mineral rents in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2576.6% | 0.0% | 0.8% |
| 1988 | +460.3% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.2% | 10 |
| 1980s | 0.1% | 0.0% | 0.1% | 10 |
| 1990s | 0.2% | 0.0% | 0.8% | 10 |
| 2000s | 0.5% | 0.1% | 1.1% | 10 |
| 2010s | 1.1% | 0.5% | 1.7% | 10 |
| 2020s | 1.9% | 1.1% | 2.7% | 2 |
Countries ranked near Europe & Central Asia (excluding high income)
- 9 Papua New Guinea 14.4% compare
- 10 Peru 12.1% compare
- 11 Kyrgyzstan 11.2% compare
- 12 Australia 10.5% compare
- 13 Mauritania 9.6% compare
- 14 Guyana 9.4% compare
- 15 Kazakhstan 9.1% compare
More energy & mining data for Europe & Central Asia (excluding high income)
- Fuel imports 9.1% (2024)
- Ores and metals imports 5.3% (2024)
- Ores and metals exports 6.8% (2024)
- Fuel exports 18.4% (2024)
- Electric power transmission and distribution losses 8.3% (2024)
- Natural gas rents 1.3% (2021)
- Total natural resources rents 6.9% (2021)
- Alternative and nuclear energy 15.7% (2024)
- Electric power consumption 3,152 kWh per capita (2023)
- Combustible renewables and waste 3.4% (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is mineral rents in Europe & Central Asia (excluding high income)?
- Mineral rents in Europe & Central Asia (excluding high income) was 2.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 2.7% in 2021.
- What is the lowest mineral rents recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 0.0% in 1987.
- How does Europe & Central Asia (excluding high income) rank for mineral rents?
- Europe & Central Asia (excluding high income) ranks 12th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 59.7%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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 — 52 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.