Mineral rents in IBRD only
IBRD only: Mineral rents was 1.3% in 2021. ◆ Volatile
Mineral rents in IBRD only, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
IBRD only recorded 1.3% for mineral rents in 2021.
The figure is up 195.2% on the previous year and down 29.5% over ten years.
Over the whole period, mineral rents in IBRD only peaked at 1.8% in 2011 and was at its lowest, 0.2%, in 2001.
That places IBRD only 19th out of 45 groups with data for 2021, putting it 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 IBRD only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.6% | — |
| 1971 | 0.4% | -25.2% |
| 1972 | 0.4% | -8.0% |
| 1973 | 0.6% | +41.5% |
| 1974 | 0.9% | +54.0% |
| 1975 | 0.6% | -38.3% |
| 1976 | 0.6% | +9.4% |
| 1977 | 0.6% | +1.1% |
| 1978 | 0.4% | -31.9% |
| 1979 | 0.7% | +69.3% |
| 1980 | 1.1% | +58.8% |
| 1981 | 0.7% | -35.3% |
| 1982 | 0.6% | -15.9% |
| 1983 | 0.7% | +17.0% |
| 1984 | 0.4% | -38.6% |
| 1985 | 0.5% | +21.9% |
| 1986 | 0.4% | -19.3% |
| 1987 | 0.5% | +20.9% |
| 1988 | 0.8% | +54.0% |
| 1989 | 0.7% | -9.8% |
| 1990 | 0.5% | -31.5% |
| 1991 | 0.4% | -17.5% |
| 1992 | 0.5% | +32.7% |
| 1993 | 0.3% | -36.3% |
| 1994 | 0.4% | +7.8% |
| 1995 | 0.4% | -1.0% |
| 1996 | 0.3% | -17.1% |
| 1997 | 0.3% | -14.1% |
| 1998 | 0.3% | +11.7% |
| 1999 | 0.3% | -3.1% |
| 2000 | 0.3% | -5.0% |
| 2001 | 0.2% | -16.8% |
| 2002 | 0.2% | +6.3% |
| 2003 | 0.2% | -0.7% |
| 2004 | 0.4% | +69.7% |
| 2005 | 0.7% | +76.8% |
| 2006 | 1.2% | +61.1% |
| 2007 | 1.6% | +42.6% |
| 2008 | 1.6% | -2.3% |
| 2009 | 0.9% | -46.2% |
| 2010 | 1.6% | +86.8% |
| 2011 | 1.8% | +13.0% |
| 2012 | 1.0% | -45.6% |
| 2013 | 0.9% | -13.3% |
| 2014 | 0.6% | -31.5% |
| 2015 | 0.3% | -41.4% |
| 2016 | 0.4% | +16.0% |
| 2017 | 0.5% | +25.0% |
| 2018 | 0.5% | -7.8% |
| 2019 | 0.4% | -11.8% |
| 2020 | 0.4% | +7.2% |
| 2021 | 1.3% | +195.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.4% | 0.9% | 10 |
| 1980s | 0.7% | 0.4% | 1.1% | 10 |
| 1990s | 0.4% | 0.3% | 0.5% | 10 |
| 2000s | 0.7% | 0.2% | 1.6% | 10 |
| 2010s | 0.8% | 0.3% | 1.8% | 10 |
| 2020s | 0.9% | 0.4% | 1.3% | 2 |
Countries ranked near IBRD only
- 16 Uzbekistan 8.5% compare
- 17 Tajikistan 7.1% compare
- 18 Armenia 6.8% compare
- 19 Sudan 6.6% compare
- 20 Bolivia, Plurinational State of 5.9% compare
- 21 Liberia 5.4% compare
- 22 Ukraine 5.3% compare
More energy & mining data for IBRD only
- Fuel imports 17.1% (2024)
- Ores and metals imports 8.1% (2024)
- Ores and metals exports 4.8% (2024)
- Fuel exports 7.1% (2024)
- Electric power transmission and distribution losses 12.1% (2024)
- Natural gas rents 0.7% (2021)
- Total natural resources rents 4.6% (2021)
- Alternative and nuclear energy 12.4% (2024)
- Electric power consumption 3,347 kWh per capita (2023)
- Combustible renewables and waste 28.3% (2024)
Frequently asked questions
- What is mineral rents in IBRD only?
- Mineral rents in IBRD only was 1.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in IBRD only?
- The highest recorded value was 1.8% in 2011.
- What is the lowest mineral rents recorded in IBRD only?
- The lowest recorded value was 0.2% in 2001.
- How does IBRD only rank for mineral rents?
- IBRD only ranks 19th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in IBRD only?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is volatile.
- Where does this IBRD only 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.