Mineral rents in High income
High income: Mineral rents was 0.5% in 2021. ◆ Volatile
Mineral rents in High income, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in High income stood at 0.5%. That is the highest value across all 52 years on record.
That represents a change of up 186.9% on the previous year and up 27.7% over ten years.
Over the whole period, mineral rents in High income peaked at 0.5% in 2021 and was at its lowest, 0.0%, in 2002.
High income ranks 35th of 47 groups on this measure, 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 High income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.1% | -32.0% |
| 1972 | 0.1% | -13.3% |
| 1973 | 0.2% | +73.9% |
| 1974 | 0.3% | +33.6% |
| 1975 | 0.2% | -44.4% |
| 1976 | 0.2% | -5.7% |
| 1977 | 0.2% | -3.7% |
| 1978 | 0.1% | -44.9% |
| 1979 | 0.1% | +46.3% |
| 1980 | 0.1% | +14.6% |
| 1981 | 0.1% | -28.3% |
| 1982 | 0.1% | -21.7% |
| 1983 | 0.1% | +2.8% |
| 1984 | 0.1% | -9.4% |
| 1985 | 0.1% | -1.6% |
| 1986 | 0.0% | -33.9% |
| 1987 | 0.1% | +20.5% |
| 1988 | 0.1% | +159.0% |
| 1989 | 0.1% | -22.5% |
| 1990 | 0.1% | -27.3% |
| 1991 | 0.1% | -27.8% |
| 1992 | 0.1% | +26.3% |
| 1993 | 0.1% | -31.5% |
| 1994 | 0.1% | +18.4% |
| 1995 | 0.1% | +15.6% |
| 1996 | 0.1% | -20.5% |
| 1997 | 0.1% | -5.4% |
| 1998 | 0.0% | -21.2% |
| 1999 | 0.0% | -1.6% |
| 2000 | 0.0% | +15.8% |
| 2001 | 0.0% | -20.8% |
| 2002 | 0.0% | -9.1% |
| 2003 | 0.0% | +6.7% |
| 2004 | 0.1% | +81.9% |
| 2005 | 0.1% | +49.3% |
| 2006 | 0.2% | +97.3% |
| 2007 | 0.3% | +29.8% |
| 2008 | 0.2% | -8.4% |
| 2009 | 0.1% | -41.0% |
| 2010 | 0.3% | +138.0% |
| 2011 | 0.4% | +21.6% |
| 2012 | 0.3% | -29.7% |
| 2013 | 0.3% | -6.1% |
| 2014 | 0.2% | -20.6% |
| 2015 | 0.1% | -43.6% |
| 2016 | 0.1% | +15.6% |
| 2017 | 0.2% | +33.4% |
| 2018 | 0.2% | -6.2% |
| 2019 | 0.1% | -17.4% |
| 2020 | 0.2% | +26.1% |
| 2021 | 0.5% | +186.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.3% | 10 |
| 1980s | 0.1% | 0.0% | 0.1% | 10 |
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.3% | 10 |
| 2010s | 0.2% | 0.1% | 0.4% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 2 |
Countries ranked near High income
- 32 Namibia 3.2% compare
- 33 Senegal 2.9% compare
- 34 Nicaragua 2.7% compare
- 35 Côte d'Ivoire 2.5% compare
- 36 Russian Federation 2.1% compare
- 37 Dominican Republic 2.0% compare
- 38 Myanmar 2.0% compare
More energy & mining data for High income
- Fuel imports 11.0% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 3.9% (2024)
- Fuel exports 11.7% (2024)
- Electric power transmission and distribution losses 5.4% (2024)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 2.5% (2021)
- Alternative and nuclear energy 17.1% (2024)
- Electric power consumption 8,838 kWh per capita (2024)
- Combustible renewables and waste 6.0% (2023)
Frequently asked questions
- What is mineral rents in High income?
- Mineral rents in High income was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in High income?
- The highest recorded value was 0.5% in 2021.
- What is the lowest mineral rents recorded in High income?
- The lowest recorded value was 0.0% in 2002.
- How does High income rank for mineral rents?
- High income ranks 35th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in High income?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is volatile.
- Where does this High income 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.