Mineral rents in South Korea
South Korea: Mineral rents was 0.0% in 2021. ◆ Volatile
Latest (2021)
0.0%
Change on year
down 99.4%
World rank
92nd
of 212 countries
All-time high
0.2%
in 1974
All-time low
0.0%
in 2018
Years of data
52
1970–2021
Mineral rents in South Korea, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in South Korea is 0.0%, measured in 2021.
The figure is down 99.4% on the previous year and down 90.8% over ten years.
Over the whole period, mineral rents in South Korea peaked at 0.2% in 1974 and was at its lowest, 0.0%, in 2018.
South Korea ranks 92nd of 212 countries 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 South Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -32.6% |
| 1972 | 0.0% | -2.4% |
| 1973 | 0.2% | +492.4% |
| 1974 | 0.2% | +9.6% |
| 1975 | 0.0% | -79.9% |
| 1976 | 0.0% | -14.8% |
| 1977 | 0.0% | -26.3% |
| 1978 | 0.0% | -48.7% |
| 1979 | 0.0% | +62.4% |
| 1980 | 0.0% | +134.2% |
| 1981 | 0.0% | -55.2% |
| 1982 | 0.0% | +1.0% |
| 1983 | 0.0% | +13.7% |
| 1984 | 0.0% | -23.7% |
| 1985 | 0.0% | -14.0% |
| 1986 | 0.0% | -3.0% |
| 1987 | 0.0% | +71.7% |
| 1988 | 0.1% | +152.2% |
| 1989 | 0.1% | -13.7% |
| 1990 | 0.0% | -56.6% |
| 1991 | 0.0% | -84.7% |
| 1992 | 0.0% | +14.9% |
| 1993 | 0.0% | -71.6% |
| 1994 | 0.0% | +169.2% |
| 1995 | 0.0% | +215.2% |
| 1996 | 0.0% | -20.7% |
| 1997 | 0.0% | -4.5% |
| 1998 | 0.0% | +121.0% |
| 1999 | 0.0% | -40.2% |
| 2000 | 0.0% | -14.5% |
| 2001 | 0.0% | +19.3% |
| 2002 | 0.0% | +7.9% |
| 2003 | 0.0% | +16.4% |
| 2004 | 0.0% | -97.2% |
| 2005 | 0.0% | +328.1% |
| 2006 | 0.0% | +30.3% |
| 2007 | 0.0% | +18.5% |
| 2008 | 0.0% | +61.6% |
| 2009 | 0.0% | -39.9% |
| 2010 | 0.0% | +103.3% |
| 2011 | 0.0% | +10.1% |
| 2012 | 0.0% | +296.1% |
| 2013 | 0.0% | -79.7% |
| 2014 | 0.0% | -46.0% |
| 2015 | 0.0% | -63.8% |
| 2016 | 0.0% | +39.5% |
| 2017 | 0.0% | -10.8% |
| 2018 | 0.0% | -70.2% |
| 2019 | 0.1% | +26213.8% |
| 2020 | 0.1% | +4.1% |
| 2021 | 0.0% | -99.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.2% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.1% | 2 |
Countries ranked near South Korea
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More energy & mining data for South Korea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.55 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 25.7% (2024)
Frequently asked questions
- What is mineral rents in South Korea?
- Mineral rents in South Korea was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in South Korea?
- The highest recorded value was 0.2% in 1974.
- What is the lowest mineral rents recorded in South Korea?
- The lowest recorded value was 0.0% in 2018.
- How does South Korea rank for mineral rents?
- South Korea ranks 92nd out of 212 countries with data for 2021.
- Is mineral rents rising or falling in South Korea?
- Over the last ten years it is down 90.8%. The long-run trend across the full record is volatile.
- Where does this South Korea 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.