Mineral rents in Europe & Central Asia
Europe & Central Asia: Mineral rents was 0.4% in 2021. ◆ Volatile
Mineral rents in Europe & Central Asia, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Europe & Central Asia stood at 0.4%. That is the highest value across all 52 years on record.
The figure is up 138.1% on the previous year and up 4.2% over ten years.
Over the whole period, mineral rents in Europe & Central Asia peaked at 0.4% in 2021 and was at its lowest, 0.0%, in 1986.
That places Europe & Central Asia 40th out of 47 groups with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Europe & Central Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -34.7% |
| 1972 | 0.0% | -11.9% |
| 1973 | 0.0% | +152.2% |
| 1974 | 0.1% | +28.9% |
| 1975 | 0.0% | -72.9% |
| 1976 | 0.0% | +77.8% |
| 1977 | 0.0% | -22.2% |
| 1978 | 0.0% | -46.9% |
| 1979 | 0.0% | +67.1% |
| 1980 | 0.0% | +27.8% |
| 1981 | 0.0% | -35.9% |
| 1982 | 0.0% | +0.5% |
| 1983 | 0.0% | -10.0% |
| 1984 | 0.0% | -18.8% |
| 1985 | 0.0% | -1.7% |
| 1986 | 0.0% | -60.1% |
| 1987 | 0.0% | +41.8% |
| 1988 | 0.0% | +582.2% |
| 1989 | 0.0% | +8.6% |
| 1990 | 0.0% | -55.8% |
| 1991 | 0.0% | -38.4% |
| 1992 | 0.1% | +562.2% |
| 1993 | 0.1% | -39.0% |
| 1994 | 0.0% | -14.7% |
| 1995 | 0.0% | -14.8% |
| 1996 | 0.0% | -35.6% |
| 1997 | 0.0% | -8.9% |
| 1998 | 0.0% | +4.1% |
| 1999 | 0.0% | +8.1% |
| 2000 | 0.0% | +21.2% |
| 2001 | 0.0% | -35.1% |
| 2002 | 0.0% | +17.6% |
| 2003 | 0.0% | -20.7% |
| 2004 | 0.0% | +80.8% |
| 2005 | 0.1% | +76.5% |
| 2006 | 0.1% | +110.5% |
| 2007 | 0.2% | +46.2% |
| 2008 | 0.1% | -16.9% |
| 2009 | 0.1% | -38.5% |
| 2010 | 0.3% | +222.8% |
| 2011 | 0.4% | +21.8% |
| 2012 | 0.3% | -24.3% |
| 2013 | 0.2% | -13.5% |
| 2014 | 0.2% | -17.8% |
| 2015 | 0.1% | -40.9% |
| 2016 | 0.2% | +41.2% |
| 2017 | 0.2% | +30.5% |
| 2018 | 0.2% | -5.3% |
| 2019 | 0.1% | -36.9% |
| 2020 | 0.2% | +25.0% |
| 2021 | 0.4% | +138.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.0% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.4% | 10 |
| 2020s | 0.3% | 0.2% | 0.4% | 2 |
Countries ranked near Europe & Central Asia
More energy & mining data for Europe & Central Asia
- Fuel imports 10.7% (2024)
- Ores and metals imports 3.5% (2024)
- Ores and metals exports 3.2% (2024)
- Fuel exports 7.0% (2024)
- Electric power transmission and distribution losses 6.6% (2024)
- Natural gas rents 0.6% (2021)
- Total natural resources rents 2.2% (2021)
- Alternative and nuclear energy 22.3% (2024)
- Electric power consumption 5,313 kWh per capita (2023)
- Combustible renewables and waste 7.7% (2023)
Frequently asked questions
- What is mineral rents in Europe & Central Asia?
- Mineral rents in Europe & Central Asia was 0.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Europe & Central Asia?
- The highest recorded value was 0.4% in 2021.
- What is the lowest mineral rents recorded in Europe & Central Asia?
- The lowest recorded value was 0.0% in 1986.
- How does Europe & Central Asia rank for mineral rents?
- Europe & Central Asia ranks 40th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Europe & Central Asia?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia 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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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.