Mineral rents in IDA total
IDA total: Mineral rents was 2.2% in 2021. ◆ Volatile
Mineral rents in IDA total, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in IDA total stood at 2.2%.
The figure is up 201.8% on the previous year and up 39.3% over ten years.
Over the whole period, mineral rents in IDA total peaked at 2.7% in 1973 and was at its lowest, 0.1%, in 1998.
That places IDA total 14th 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 total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 1.9% | — |
| 1971 | 1.3% | -30.9% |
| 1972 | 1.4% | +7.7% |
| 1973 | 2.7% | +89.7% |
| 1974 | 2.6% | -4.6% |
| 1975 | 1.0% | -60.6% |
| 1976 | 1.1% | +7.0% |
| 1977 | 1.0% | -5.2% |
| 1978 | 0.7% | -28.6% |
| 1979 | 1.0% | +38.2% |
| 1980 | 1.1% | +5.7% |
| 1981 | 0.5% | -52.5% |
| 1982 | 0.4% | -21.1% |
| 1983 | 0.6% | +40.6% |
| 1984 | 0.5% | -14.6% |
| 1985 | 0.5% | +8.3% |
| 1986 | 0.6% | +16.8% |
| 1987 | 0.7% | +18.8% |
| 1988 | 1.1% | +53.4% |
| 1989 | 1.2% | +5.1% |
| 1990 | 0.8% | -35.6% |
| 1991 | 0.6% | -26.2% |
| 1992 | 0.6% | +7.4% |
| 1993 | 0.5% | -21.9% |
| 1994 | 0.5% | +10.3% |
| 1995 | 0.3% | -42.0% |
| 1996 | 0.3% | -16.1% |
| 1997 | 0.2% | -28.6% |
| 1998 | 0.1% | -24.9% |
| 1999 | 0.2% | +21.3% |
| 2000 | 0.2% | +22.3% |
| 2001 | 0.2% | -11.4% |
| 2002 | 0.2% | +21.0% |
| 2003 | 0.2% | -17.5% |
| 2004 | 0.3% | +63.7% |
| 2005 | 0.4% | +36.7% |
| 2006 | 0.8% | +97.3% |
| 2007 | 0.8% | -0.7% |
| 2008 | 0.8% | -2.0% |
| 2009 | 0.7% | -2.8% |
| 2010 | 1.2% | +61.9% |
| 2011 | 1.6% | +31.1% |
| 2012 | 1.3% | -17.6% |
| 2013 | 1.0% | -21.8% |
| 2014 | 0.8% | -25.6% |
| 2015 | 0.5% | -31.6% |
| 2016 | 0.7% | +29.4% |
| 2017 | 0.9% | +36.5% |
| 2018 | 0.9% | -5.9% |
| 2019 | 0.6% | -35.2% |
| 2020 | 0.7% | +30.9% |
| 2021 | 2.2% | +201.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.5% | 0.7% | 2.7% | 10 |
| 1980s | 0.7% | 0.4% | 1.2% | 10 |
| 1990s | 0.4% | 0.1% | 0.8% | 10 |
| 2000s | 0.5% | 0.2% | 0.8% | 10 |
| 2010s | 0.9% | 0.5% | 1.6% | 10 |
| 2020s | 1.5% | 0.7% | 2.2% | 2 |
Countries ranked near IDA total
- 11 Kyrgyzstan 11.2% compare
- 12 Australia 10.5% compare
- 13 Mauritania 9.6% compare
- 14 Guyana 9.4% compare
- 15 Kazakhstan 9.1% compare
- 16 Uzbekistan 8.5% compare
- 17 Tajikistan 7.1% compare
More energy & mining data for IDA total
- Fuel imports 24.3% (2023)
- Ores and metals imports 1.7% (2023)
- Ores and metals exports 9.5% (2023)
- Fuel exports 30.8% (2023)
- Electric power transmission and distribution losses 25.8% (2024)
- Natural gas rents 1.0% (2021)
- Total natural resources rents 7.1% (2021)
- Alternative and nuclear energy 17.4% (2024)
- Electric power consumption 374.93 kWh per capita (2023)
- Combustible renewables and waste 62.0% (2024)
Frequently asked questions
- What is mineral rents in IDA total?
- Mineral rents in IDA total was 2.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in IDA total?
- The highest recorded value was 2.7% in 1973.
- What is the lowest mineral rents recorded in IDA total?
- The lowest recorded value was 0.1% in 1998.
- How does IDA total rank for mineral rents?
- IDA total ranks 14th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in IDA total?
- Over the last ten years it is up 39.3%. The long-run trend across the full record is volatile.
- Where does this IDA 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.