Mineral rents in European Union
European Union: Mineral rents was 0.1% in 2021. ◆ Volatile
Mineral rents in European Union, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
European Union recorded 0.1% for mineral rents in 2021.
The figure is up 179.0% on the previous year and down 66.2% over ten years.
Over the whole period, mineral rents in European Union peaked at 0.2% in 2011 and was at its lowest, 0.0%, in 2002.
That places European Union 45th 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 European Union, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -31.2% |
| 1972 | 0.0% | -12.0% |
| 1973 | 0.0% | +148.9% |
| 1974 | 0.1% | +23.9% |
| 1975 | 0.0% | -74.1% |
| 1976 | 0.0% | +87.9% |
| 1977 | 0.0% | -22.3% |
| 1978 | 0.0% | -48.1% |
| 1979 | 0.0% | +77.0% |
| 1980 | 0.0% | +41.4% |
| 1981 | 0.0% | -37.1% |
| 1982 | 0.0% | -0.6% |
| 1983 | 0.0% | -8.1% |
| 1984 | 0.0% | -24.6% |
| 1985 | 0.0% | -1.0% |
| 1986 | 0.0% | -58.8% |
| 1987 | 0.0% | +49.1% |
| 1988 | 0.1% | +634.7% |
| 1989 | 0.1% | +5.1% |
| 1990 | 0.0% | -55.3% |
| 1991 | 0.0% | -36.0% |
| 1992 | 0.0% | -4.7% |
| 1993 | 0.0% | -26.7% |
| 1994 | 0.0% | +13.7% |
| 1995 | 0.0% | +8.5% |
| 1996 | 0.0% | -50.3% |
| 1997 | 0.0% | +57.8% |
| 1998 | 0.0% | -55.2% |
| 1999 | 0.0% | -6.5% |
| 2000 | 0.0% | +64.0% |
| 2001 | 0.0% | -49.5% |
| 2002 | 0.0% | -24.7% |
| 2003 | 0.0% | +0.4% |
| 2004 | 0.0% | +289.9% |
| 2005 | 0.0% | +61.3% |
| 2006 | 0.0% | +153.8% |
| 2007 | 0.0% | +10.3% |
| 2008 | 0.0% | -39.4% |
| 2009 | 0.0% | -47.5% |
| 2010 | 0.2% | +934.7% |
| 2011 | 0.2% | +36.7% |
| 2012 | 0.1% | -31.7% |
| 2013 | 0.1% | -9.8% |
| 2014 | 0.1% | -6.7% |
| 2015 | 0.0% | -65.4% |
| 2016 | 0.1% | +76.8% |
| 2017 | 0.1% | +69.4% |
| 2018 | 0.1% | -10.5% |
| 2019 | 0.0% | -77.2% |
| 2020 | 0.0% | -0.8% |
| 2021 | 0.1% | +179.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 0.0% | 0.0% | 0.1% | 2 |
Countries ranked near European Union
More energy & mining data for European Union
- Fuel imports 11.3% (2024)
- Ores and metals imports 3.5% (2024)
- Ores and metals exports 2.8% (2024)
- Fuel exports 5.3% (2024)
- Electric power transmission and distribution losses 6.2% (2024)
- Natural gas rents 0.0% (2021)
- Total natural resources rents 0.2% (2021)
- Alternative and nuclear energy 22.7% (2024)
- Electric power consumption 5,998 kWh per capita (2024)
- Combustible renewables and waste 12.5% (2023)
Frequently asked questions
- What is mineral rents in European Union?
- Mineral rents in European Union was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in European Union?
- The highest recorded value was 0.2% in 2011.
- What is the lowest mineral rents recorded in European Union?
- The lowest recorded value was 0.0% in 2002.
- How does European Union rank for mineral rents?
- European Union ranks 45th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in European Union?
- Over the last ten years it is down 66.2%. The long-run trend across the full record is volatile.
- Where does this European Union 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.