Mineral rents in IDA only
IDA only: Mineral rents was 3.2% in 2021. ◆ Volatile
Mineral rents in IDA only, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in IDA only stood at 3.2%.
The figure is up 257.5% on the previous year and up 65.6% over ten years.
Over the whole period, mineral rents in IDA only peaked at 3.8% in 1973 and was at its lowest, 0.2%, in 1999.
That places IDA only 6th out of 45 groups with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in IDA only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 3.3% | — |
| 1971 | 2.1% | -36.1% |
| 1972 | 2.0% | -1.8% |
| 1973 | 3.8% | +85.0% |
| 1974 | 3.7% | -2.8% |
| 1975 | 1.3% | -64.4% |
| 1976 | 1.6% | +20.8% |
| 1977 | 1.4% | -8.8% |
| 1978 | 0.9% | -39.4% |
| 1979 | 1.4% | +57.8% |
| 1980 | 1.6% | +12.4% |
| 1981 | 0.9% | -39.5% |
| 1982 | 0.7% | -29.0% |
| 1983 | 0.8% | +23.1% |
| 1984 | 0.6% | -23.3% |
| 1985 | 0.6% | +0.3% |
| 1986 | 0.8% | +22.8% |
| 1987 | 0.9% | +12.5% |
| 1988 | 1.4% | +62.0% |
| 1989 | 1.5% | +7.4% |
| 1990 | 0.9% | -37.5% |
| 1991 | 0.4% | -53.4% |
| 1992 | 0.4% | -0.7% |
| 1993 | 0.4% | -13.5% |
| 1994 | 0.4% | +10.3% |
| 1995 | 0.2% | -43.4% |
| 1996 | 0.3% | +32.7% |
| 1997 | 0.3% | -15.4% |
| 1998 | 0.2% | -10.8% |
| 1999 | 0.2% | -9.2% |
| 2000 | 0.3% | +17.7% |
| 2001 | 0.3% | +7.8% |
| 2002 | 0.3% | +11.5% |
| 2003 | 0.2% | -26.2% |
| 2004 | 0.3% | +51.3% |
| 2005 | 0.5% | +60.3% |
| 2006 | 1.1% | +106.1% |
| 2007 | 1.1% | -0.5% |
| 2008 | 1.0% | -8.0% |
| 2009 | 0.9% | -10.0% |
| 2010 | 1.4% | +55.9% |
| 2011 | 2.0% | +35.6% |
| 2012 | 1.7% | -13.2% |
| 2013 | 1.5% | -14.0% |
| 2014 | 1.1% | -24.0% |
| 2015 | 0.7% | -38.6% |
| 2016 | 0.7% | +9.3% |
| 2017 | 1.0% | +36.8% |
| 2018 | 1.0% | -4.3% |
| 2019 | 0.7% | -28.4% |
| 2020 | 0.9% | +29.6% |
| 2021 | 3.2% | +257.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 0.9% | 3.8% | 10 |
| 1980s | 1.0% | 0.6% | 1.6% | 10 |
| 1990s | 0.4% | 0.2% | 0.9% | 10 |
| 2000s | 0.6% | 0.2% | 1.1% | 10 |
| 2010s | 1.2% | 0.7% | 2.0% | 10 |
| 2020s | 2.1% | 0.9% | 3.2% | 2 |
Countries ranked near IDA only
- 3 Mongolia 26.6% compare
- 4 Eritrea 24.6% compare
- 5 New Caledonia 16.8% compare
- 6 Chile 16.2% compare
- 7 Mali 16.2% compare
- 8 Burkina Faso 15.5% compare
- 9 Papua New Guinea 14.4% compare
More energy & mining data for IDA only
- Fuel imports 15.1% (2021)
- Ores and metals imports 1.7% (2021)
- Ores and metals exports 14.5% (2023)
- Fuel exports 9.8% (2023)
- Electric power transmission and distribution losses 13.2% (2023)
- Natural gas rents 0.4% (2021)
- Total natural resources rents 6.9% (2021)
- Alternative and nuclear energy 4.9% (2023)
- Electric power consumption 344.36 kWh per capita (2023)
- Combustible renewables and waste 61.1% (2023)
Frequently asked questions
- What is mineral rents in IDA only?
- Mineral rents in IDA only was 3.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in IDA only?
- The highest recorded value was 3.8% in 1973.
- What is the lowest mineral rents recorded in IDA only?
- The lowest recorded value was 0.2% in 1999.
- How does IDA only rank for mineral rents?
- IDA only ranks 6th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in IDA only?
- Over the last ten years it is up 65.6%. The long-run trend across the full record is volatile.
- Where does this IDA 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.
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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.