Mineral rents in IDA & IBRD total
IDA & IBRD total: Mineral rents was 1.4% in 2021. ◆ Volatile
Mineral rents in IDA & IBRD total, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in IDA & IBRD total stood at 1.4%.
The figure is up 194.8% on the previous year and down 25.1% over ten years.
Over the whole period, mineral rents in IDA & IBRD total peaked at 1.8% in 2011 and was at its lowest, 0.2%, in 2001.
IDA & IBRD total ranks 18th 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 IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.8% | — |
| 1971 | 0.6% | -28.2% |
| 1972 | 0.5% | -4.4% |
| 1973 | 0.8% | +52.5% |
| 1974 | 1.1% | +33.9% |
| 1975 | 0.6% | -44.0% |
| 1976 | 0.7% | +8.6% |
| 1977 | 0.7% | -0.4% |
| 1978 | 0.5% | -31.2% |
| 1979 | 0.7% | +63.2% |
| 1980 | 1.1% | +50.1% |
| 1981 | 0.7% | -38.0% |
| 1982 | 0.6% | -16.3% |
| 1983 | 0.7% | +20.0% |
| 1984 | 0.4% | -36.1% |
| 1985 | 0.5% | +20.1% |
| 1986 | 0.5% | -15.2% |
| 1987 | 0.5% | +20.5% |
| 1988 | 0.8% | +52.9% |
| 1989 | 0.8% | -8.2% |
| 1990 | 0.5% | -31.9% |
| 1991 | 0.4% | -18.3% |
| 1992 | 0.6% | +29.0% |
| 1993 | 0.4% | -34.9% |
| 1994 | 0.4% | +7.9% |
| 1995 | 0.4% | -5.6% |
| 1996 | 0.3% | -17.1% |
| 1997 | 0.3% | -15.2% |
| 1998 | 0.3% | +9.0% |
| 1999 | 0.3% | -1.1% |
| 2000 | 0.3% | -3.9% |
| 2001 | 0.2% | -16.5% |
| 2002 | 0.2% | +7.1% |
| 2003 | 0.2% | -1.9% |
| 2004 | 0.4% | +69.4% |
| 2005 | 0.7% | +74.6% |
| 2006 | 1.1% | +62.7% |
| 2007 | 1.6% | +40.5% |
| 2008 | 1.5% | -2.3% |
| 2009 | 0.9% | -44.6% |
| 2010 | 1.6% | +85.3% |
| 2011 | 1.8% | +14.1% |
| 2012 | 1.0% | -43.9% |
| 2013 | 0.9% | -14.0% |
| 2014 | 0.6% | -31.0% |
| 2015 | 0.4% | -40.4% |
| 2016 | 0.4% | +17.4% |
| 2017 | 0.5% | +26.1% |
| 2018 | 0.5% | -7.6% |
| 2019 | 0.4% | -14.6% |
| 2020 | 0.5% | +9.7% |
| 2021 | 1.4% | +194.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 1.1% | 10 |
| 1980s | 0.7% | 0.4% | 1.1% | 10 |
| 1990s | 0.4% | 0.3% | 0.6% | 10 |
| 2000s | 0.7% | 0.2% | 1.6% | 10 |
| 2010s | 0.8% | 0.4% | 1.8% | 10 |
| 2020s | 0.9% | 0.5% | 1.4% | 2 |
Countries ranked near IDA & IBRD total
- 15 Kazakhstan 9.1% compare
- 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
More energy & mining data for IDA & IBRD total
- Fuel imports 17.6% (2024)
- Ores and metals imports 7.8% (2024)
- Ores and metals exports 4.9% (2024)
- Fuel exports 8.0% (2024)
- Electric power transmission and distribution losses 12.2% (2024)
- Natural gas rents 0.8% (2021)
- Total natural resources rents 4.8% (2021)
- Alternative and nuclear energy 12.6% (2024)
- Electric power consumption 2,585 kWh per capita (2023)
- Combustible renewables and waste 30.1% (2024)
Frequently asked questions
- What is mineral rents in IDA & IBRD total?
- Mineral rents in IDA & IBRD total was 1.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in IDA & IBRD total?
- The highest recorded value was 1.8% in 2011.
- What is the lowest mineral rents recorded in IDA & IBRD total?
- The lowest recorded value was 0.2% in 2001.
- How does IDA & IBRD total rank for mineral rents?
- IDA & IBRD total ranks 18th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in IDA & IBRD total?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.