Mineral rents in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Mineral rents was 5.2% in 2021. ◆ Volatile
Mineral rents in Heavily indebted poor countries (HIPC), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Heavily indebted poor countries (HIPC) stood at 5.2%. That is the highest value across all 52 years on record.
The figure is up 275.6% on the previous year and up 74.1% over ten years.
Over the whole period, mineral rents in Heavily indebted poor countries (HIPC) peaked at 5.2% in 2021 and was at its lowest, 0.3%, in 1999.
Heavily indebted poor countries (HIPC) ranks 2nd of 47 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Heavily indebted poor countries (HIPC), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 4.7% | — |
| 1971 | 2.9% | -37.6% |
| 1972 | 2.6% | -9.8% |
| 1973 | 4.9% | +83.5% |
| 1974 | 5.1% | +5.8% |
| 1975 | 1.9% | -63.7% |
| 1976 | 2.0% | +6.7% |
| 1977 | 1.8% | -11.1% |
| 1978 | 1.1% | -37.3% |
| 1979 | 1.7% | +53.5% |
| 1980 | 2.0% | +17.0% |
| 1981 | 1.2% | -39.3% |
| 1982 | 0.9% | -28.5% |
| 1983 | 1.1% | +24.5% |
| 1984 | 0.8% | -21.9% |
| 1985 | 0.8% | -0.0% |
| 1986 | 0.9% | +11.4% |
| 1987 | 1.0% | +10.6% |
| 1988 | 1.7% | +66.9% |
| 1989 | 2.0% | +13.2% |
| 1990 | 1.3% | -31.6% |
| 1991 | 0.6% | -53.6% |
| 1992 | 0.7% | +6.0% |
| 1993 | 0.6% | -12.8% |
| 1994 | 0.8% | +33.2% |
| 1995 | 0.4% | -41.2% |
| 1996 | 0.5% | +14.8% |
| 1997 | 0.4% | -15.8% |
| 1998 | 0.3% | -24.4% |
| 1999 | 0.3% | -13.1% |
| 2000 | 0.4% | +23.8% |
| 2001 | 0.4% | +8.7% |
| 2002 | 0.4% | +9.9% |
| 2003 | 0.3% | -31.3% |
| 2004 | 0.5% | +57.1% |
| 2005 | 0.7% | +61.3% |
| 2006 | 1.6% | +111.9% |
| 2007 | 1.6% | +1.7% |
| 2008 | 1.5% | -7.2% |
| 2009 | 1.3% | -9.7% |
| 2010 | 2.1% | +60.3% |
| 2011 | 3.0% | +40.2% |
| 2012 | 2.6% | -14.2% |
| 2013 | 2.0% | -20.6% |
| 2014 | 1.6% | -21.7% |
| 2015 | 1.0% | -39.9% |
| 2016 | 1.1% | +17.1% |
| 2017 | 1.6% | +39.9% |
| 2018 | 1.4% | -7.9% |
| 2019 | 1.0% | -31.3% |
| 2020 | 1.4% | +39.3% |
| 2021 | 5.2% | +275.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | 1.1% | 5.1% | 10 |
| 1980s | 1.2% | 0.8% | 2.0% | 10 |
| 1990s | 0.6% | 0.3% | 1.3% | 10 |
| 2000s | 0.9% | 0.3% | 1.6% | 10 |
| 2010s | 1.7% | 1.0% | 3.0% | 10 |
| 2020s | 3.3% | 1.4% | 5.2% | 2 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 1 Congo, Democratic Republic of the 28.8% compare
- 2 Zambia 28.2% compare
- 3 Mongolia 26.6% compare
- 4 Eritrea 24.6% compare
- 5 New Caledonia 16.8% compare
More energy & mining data for Heavily indebted poor countries (HIPC)
- Fuel imports 22.1% (2023)
- Ores and metals imports 1.5% (2023)
- Ores and metals exports 16.2% (2023)
- Fuel exports 20.1% (2023)
- Electric power transmission and distribution losses 16.8% (2023)
- Natural gas rents 0.3% (2021)
- Total natural resources rents 11.3% (2021)
- Alternative and nuclear energy 3.7% (2023)
- Electric power consumption 220.14 kWh per capita (2023)
- Combustible renewables and waste 73.4% (2023)
Frequently asked questions
- What is mineral rents in Heavily indebted poor countries (HIPC)?
- Mineral rents in Heavily indebted poor countries (HIPC) was 5.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 5.2% in 2021.
- What is the lowest mineral rents recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 0.3% in 1999.
- How does Heavily indebted poor countries (HIPC) rank for mineral rents?
- Heavily indebted poor countries (HIPC) ranks 2nd out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 74.1%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) 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.