Mineral rents in Georgia
Georgia: Mineral rents was 1.3% in 2021. ◆ Volatile
Mineral rents in Georgia, 1990–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Georgia recorded 1.3% for mineral rents in 2021.
The figure is up 55.5% on the previous year and down 19.4% over ten years.
Over the whole period, mineral rents in Georgia peaked at 1.6% in 2011 and was at its lowest, 0.0%, in 1990.
That places Georgia 43rd out of 212 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.3% | — |
| 1993 | 0.1% | -81.7% |
| 1994 | 0.0% | -20.7% |
| 1995 | 0.2% | +328.4% |
| 1996 | 0.1% | -36.0% |
| 1997 | 0.1% | -15.0% |
| 1998 | 0.0% | -60.3% |
| 1999 | 0.2% | +327.4% |
| 2000 | 0.2% | +15.2% |
| 2001 | 0.1% | -30.5% |
| 2002 | 0.2% | +63.8% |
| 2003 | 0.2% | +0.7% |
| 2004 | 0.4% | +49.3% |
| 2005 | 0.3% | -20.3% |
| 2006 | 0.6% | +112.7% |
| 2007 | 0.6% | -3.2% |
| 2008 | 0.4% | -26.3% |
| 2009 | 0.5% | +8.3% |
| 2010 | 1.1% | +124.4% |
| 2011 | 1.6% | +47.1% |
| 2012 | 0.9% | -44.8% |
| 2013 | 0.6% | -32.1% |
| 2014 | 0.3% | -41.9% |
| 2015 | 0.4% | +16.5% |
| 2016 | 0.5% | +18.5% |
| 2017 | 0.4% | -26.0% |
| 2018 | 0.3% | -5.3% |
| 2019 | 0.5% | +47.3% |
| 2020 | 0.8% | +67.1% |
| 2021 | 1.3% | +55.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.0% | 0.3% | 10 |
| 2000s | 0.4% | 0.1% | 0.6% | 10 |
| 2010s | 0.7% | 0.3% | 1.6% | 10 |
| 2020s | 1.0% | 0.8% | 1.3% | 2 |
Countries ranked near Georgia
More energy & mining data for Georgia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.71 % 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 11.2% (2024)
Frequently asked questions
- What is mineral rents in Georgia?
- Mineral rents in Georgia was 1.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Georgia?
- The highest recorded value was 1.6% in 2011.
- What is the lowest mineral rents recorded in Georgia?
- The lowest recorded value was 0.0% in 1990.
- How does Georgia rank for mineral rents?
- Georgia ranks 43rd out of 212 countries with data for 2021.
- Is mineral rents rising or falling in Georgia?
- Over the last ten years it is down 19.4%. The long-run trend across the full record is volatile.
- Where does this Georgia 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.