Mineral rents in IDA blend
IDA blend: Mineral rents was 1.1% in 2021. ◆ Volatile
Mineral rents in IDA blend, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in IDA blend stood at 1.1%.
The figure is up 100.8% on the previous year and down 9.1% over ten years.
Over the whole period, mineral rents in IDA blend peaked at 1.3% in 1973 and was at its lowest, 0.1%, in 1998.
That places IDA blend 28th 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 IDA blend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.3% | -0.6% |
| 1972 | 0.7% | +120.3% |
| 1973 | 1.3% | +84.2% |
| 1974 | 1.3% | -0.3% |
| 1975 | 0.6% | -48.6% |
| 1976 | 0.6% | -5.4% |
| 1977 | 0.6% | +2.6% |
| 1978 | 0.6% | -5.0% |
| 1979 | 0.7% | +14.7% |
| 1980 | 0.7% | -1.5% |
| 1981 | 0.3% | -56.9% |
| 1982 | 0.3% | -11.9% |
| 1983 | 0.4% | +50.9% |
| 1984 | 0.4% | -6.1% |
| 1985 | 0.4% | +19.9% |
| 1986 | 0.5% | +4.0% |
| 1987 | 0.6% | +28.6% |
| 1988 | 0.8% | +35.1% |
| 1989 | 0.8% | -3.9% |
| 1990 | 0.5% | -32.4% |
| 1991 | 0.7% | +40.0% |
| 1992 | 0.8% | +9.7% |
| 1993 | 0.6% | -27.3% |
| 1994 | 0.6% | +8.4% |
| 1995 | 0.3% | -43.8% |
| 1996 | 0.2% | -39.5% |
| 1997 | 0.1% | -41.4% |
| 1998 | 0.1% | -43.6% |
| 1999 | 0.1% | +48.6% |
| 2000 | 0.1% | +38.0% |
| 2001 | 0.1% | -46.9% |
| 2002 | 0.1% | +59.8% |
| 2003 | 0.1% | +5.6% |
| 2004 | 0.2% | +88.4% |
| 2005 | 0.3% | +5.6% |
| 2006 | 0.5% | +86.5% |
| 2007 | 0.5% | -3.0% |
| 2008 | 0.5% | +7.8% |
| 2009 | 0.5% | +8.7% |
| 2010 | 0.9% | +74.1% |
| 2011 | 1.2% | +24.7% |
| 2012 | 0.9% | -21.8% |
| 2013 | 0.6% | -35.2% |
| 2014 | 0.4% | -28.3% |
| 2015 | 0.4% | -16.8% |
| 2016 | 0.6% | +63.5% |
| 2017 | 0.8% | +34.9% |
| 2018 | 0.7% | -8.4% |
| 2019 | 0.4% | -42.5% |
| 2020 | 0.5% | +29.0% |
| 2021 | 1.1% | +100.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.3% | 1.3% | 10 |
| 1980s | 0.5% | 0.3% | 0.8% | 10 |
| 1990s | 0.4% | 0.1% | 0.8% | 10 |
| 2000s | 0.3% | 0.1% | 0.5% | 10 |
| 2010s | 0.7% | 0.4% | 1.2% | 10 |
| 2020s | 0.8% | 0.5% | 1.1% | 2 |
Countries ranked near IDA blend
- 25 Brazil 4.5% compare
- 26 Zimbabwe 4.2% compare
- 27 Tanzania, United Republic of 4.0% compare
- 28 Lao People's Democratic Republic 3.9% compare
- 29 South Africa 3.8% compare
- 30 Panama 3.6% compare
- 31 Iran, Islamic Republic of 3.4% compare
More energy & mining data for IDA blend
- Fuel imports 29.6% (2024)
- Ores and metals imports 2.1% (2024)
- Ores and metals exports 3.7% (2024)
- Fuel exports 44.9% (2024)
- Electric power transmission and distribution losses 25.8% (2024)
- Natural gas rents 1.6% (2021)
- Total natural resources rents 7.2% (2021)
- Alternative and nuclear energy 17.4% (2024)
- Electric power consumption 424.62 kWh per capita (2023)
- Combustible renewables and waste 62.0% (2024)
Frequently asked questions
- What is mineral rents in IDA blend?
- Mineral rents in IDA blend was 1.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in IDA blend?
- The highest recorded value was 1.3% in 1973.
- What is the lowest mineral rents recorded in IDA blend?
- The lowest recorded value was 0.1% in 1998.
- How does IDA blend rank for mineral rents?
- IDA blend ranks 28th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in IDA blend?
- Over the last ten years it is down 9.1%. The long-run trend across the full record is volatile.
- Where does this IDA blend 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.