Mineral rents in Lao People's Democratic Republic
Lao People's Democratic Republic: Mineral rents was 3.9% in 2021. ◆ Volatile
Mineral rents in Lao People's Democratic Republic, 1984–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Lao People's Democratic Republic recorded 3.9% for mineral rents in 2021.
That represents a change of up 216.1% on the previous year and down 62.3% over ten years.
Over the whole period, mineral rents in Lao People's Democratic Republic peaked at 10.4% in 2010 and was at its lowest, 0.0%, in 1986.
Lao People's Democratic Republic ranks 28th of 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 0.1% | — |
| 1985 | 0.1% | -40.1% |
| 1986 | 0.0% | -100.0% |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.8% | — |
| 2004 | 0.8% | -5.9% |
| 2005 | 3.1% | +297.3% |
| 2006 | 9.8% | +213.5% |
| 2007 | 8.9% | -9.6% |
| 2008 | 7.6% | -14.3% |
| 2009 | 6.3% | -17.1% |
| 2010 | 10.4% | +65.4% |
| 2011 | 10.3% | -1.2% |
| 2012 | 8.5% | -18.0% |
| 2013 | 9.3% | +10.4% |
| 2014 | 4.0% | -57.4% |
| 2015 | 2.7% | -31.1% |
| 2016 | 1.7% | -38.5% |
| 2017 | 2.4% | +40.0% |
| 2018 | 2.3% | -3.7% |
| 2019 | 1.7% | -25.9% |
| 2020 | 1.2% | -26.9% |
| 2021 | 3.9% | +216.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.1% | 6 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 3.7% | 0.0% | 9.8% | 10 |
| 2010s | 5.3% | 1.7% | 10.4% | 10 |
| 2020s | 2.6% | 1.2% | 3.9% | 2 |
Countries ranked near Lao People's Democratic Republic
- 25 Brazil 4.5% compare
- 26 Zimbabwe 4.2% compare
- 27 Tanzania, United Republic of 4.0% 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 Lao People's Democratic Republic
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 8.72 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 18.8% (2023)
Frequently asked questions
- What is mineral rents in Lao People's Democratic Republic?
- Mineral rents in Lao People's Democratic Republic was 3.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Lao People's Democratic Republic?
- The highest recorded value was 10.4% in 2010.
- What is the lowest mineral rents recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 1986.
- How does Lao People's Democratic Republic rank for mineral rents?
- Lao People's Democratic Republic ranks 28th out of 212 countries with data for 2021.
- Is mineral rents rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 62.3%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic 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.