Mineral rents in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Mineral rents was 1.9% in 2021. ◆ Volatile
Mineral rents in Europe & Central Asia (IDA & IBRD countries), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Europe & Central Asia (IDA & IBRD countries) is 1.9%, measured in 2021. That is the highest value across all 52 years on record.
That represents a change of up 127.1% on the previous year and up 14.3% over ten years.
Over the whole period, mineral rents in Europe & Central Asia (IDA & IBRD countries) peaked at 1.9% in 2021 and was at its lowest, 0.0%, in 1991.
That places Europe & Central Asia (IDA & IBRD countries) 15th 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 Europe & Central Asia (IDA & IBRD countries), 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 | 0.2% | +263.5% |
| 1981 | 0.1% | -28.1% |
| 1982 | 0.1% | +10.7% |
| 1983 | 0.1% | -13.2% |
| 1984 | 0.1% | +9.0% |
| 1985 | 0.2% | +17.5% |
| 1986 | 0.1% | -64.9% |
| 1987 | 0.1% | +16.0% |
| 1988 | 0.1% | +68.9% |
| 1989 | 0.1% | +4.4% |
| 1990 | 0.1% | -24.5% |
| 1991 | 0.0% | -46.0% |
| 1992 | 0.8% | +1675.8% |
| 1993 | 0.5% | -44.1% |
| 1994 | 0.5% | -3.4% |
| 1995 | 0.4% | -21.0% |
| 1996 | 0.2% | -33.0% |
| 1997 | 0.2% | -24.3% |
| 1998 | 0.2% | +27.5% |
| 1999 | 0.3% | +25.8% |
| 2000 | 0.3% | +3.2% |
| 2001 | 0.2% | -35.1% |
| 2002 | 0.2% | +21.4% |
| 2003 | 0.2% | -20.9% |
| 2004 | 0.3% | +53.4% |
| 2005 | 0.4% | +46.1% |
| 2006 | 0.8% | +87.6% |
| 2007 | 1.0% | +34.2% |
| 2008 | 0.8% | -24.7% |
| 2009 | 0.6% | -28.3% |
| 2010 | 1.5% | +160.6% |
| 2011 | 1.6% | +10.6% |
| 2012 | 1.2% | -28.9% |
| 2013 | 1.0% | -14.5% |
| 2014 | 0.9% | -11.6% |
| 2015 | 0.6% | -32.6% |
| 2016 | 0.9% | +43.9% |
| 2017 | 1.0% | +19.5% |
| 2018 | 1.0% | -2.0% |
| 2019 | 0.6% | -37.4% |
| 2020 | 0.8% | +31.7% |
| 2021 | 1.9% | +127.1% |
Biggest year-on-year movements
Years where Mineral rents in Europe & Central Asia (IDA & IBRD countries) 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 | +1675.8% | 0.0% | 0.8% |
| 1980 | +263.5% | 0.0% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.2% | 10 |
| 1980s | 0.1% | 0.1% | 0.2% | 10 |
| 1990s | 0.3% | 0.0% | 0.8% | 10 |
| 2000s | 0.5% | 0.2% | 1.0% | 10 |
| 2010s | 1.0% | 0.6% | 1.6% | 10 |
| 2020s | 1.3% | 0.8% | 1.9% | 2 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 12 Australia 10.5% compare
- 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
More energy & mining data for Europe & Central Asia (IDA & IBRD countries)
- Fuel imports 8.9% (2024)
- Ores and metals imports 4.5% (2024)
- Ores and metals exports 6.6% (2021)
- Fuel exports 22.7% (2021)
- Electric power transmission and distribution losses 7.8% (2024)
- Natural gas rents 2.8% (2021)
- Total natural resources rents 10.1% (2021)
- Alternative and nuclear energy 11.3% (2024)
- Electric power consumption 4,571 kWh per capita (2023)
- Combustible renewables and waste 3.3% (2023)
Frequently asked questions
- What is mineral rents in Europe & Central Asia (IDA & IBRD countries)?
- Mineral rents in Europe & Central Asia (IDA & IBRD countries) was 1.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 1.9% in 2021.
- What is the lowest mineral rents recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 0.0% in 1991.
- How does Europe & Central Asia (IDA & IBRD countries) rank for mineral rents?
- Europe & Central Asia (IDA & IBRD countries) ranks 15th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.