Mineral rents in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Mineral rents was 2.9% in 2021. ◆ Volatile
Mineral rents in Latin America & Caribbean (excluding high income), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Latin America & Caribbean (excluding high income) is 2.9%, measured in 2021. That is the highest value across all 52 years on record.
The figure is up 256.2% on the previous year and up 84.5% over ten years.
Over the whole period, mineral rents in Latin America & Caribbean (excluding high income) peaked at 2.9% in 2021 and was at its lowest, 0.2%, in 2001.
That places Latin America & Caribbean (excluding high income) 8th out of 47 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 Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.6% | — |
| 1971 | 0.4% | -23.1% |
| 1972 | 0.5% | +3.4% |
| 1973 | 0.6% | +30.9% |
| 1974 | 0.8% | +25.7% |
| 1975 | 0.5% | -33.4% |
| 1976 | 0.6% | +23.1% |
| 1977 | 0.5% | -14.2% |
| 1978 | 0.4% | -26.7% |
| 1979 | 0.6% | +43.4% |
| 1980 | 0.7% | +26.0% |
| 1981 | 0.4% | -38.3% |
| 1982 | 0.5% | +14.5% |
| 1983 | 0.6% | +23.2% |
| 1984 | 0.6% | -6.1% |
| 1985 | 0.6% | +5.8% |
| 1986 | 0.5% | -23.6% |
| 1987 | 0.5% | +17.8% |
| 1988 | 1.1% | +92.4% |
| 1989 | 1.1% | +4.2% |
| 1990 | 0.7% | -33.3% |
| 1991 | 0.4% | -41.2% |
| 1992 | 0.3% | -20.1% |
| 1993 | 0.2% | -46.1% |
| 1994 | 0.2% | +14.8% |
| 1995 | 0.3% | +21.0% |
| 1996 | 0.2% | -13.1% |
| 1997 | 0.2% | -19.9% |
| 1998 | 0.2% | +3.1% |
| 1999 | 0.2% | +3.4% |
| 2000 | 0.2% | +0.9% |
| 2001 | 0.2% | -9.5% |
| 2002 | 0.2% | +19.8% |
| 2003 | 0.2% | +9.3% |
| 2004 | 0.4% | +59.7% |
| 2005 | 0.7% | +86.9% |
| 2006 | 1.0% | +49.6% |
| 2007 | 1.4% | +35.9% |
| 2008 | 1.3% | -7.1% |
| 2009 | 0.7% | -47.5% |
| 2010 | 1.3% | +95.7% |
| 2011 | 1.6% | +19.8% |
| 2012 | 1.2% | -24.6% |
| 2013 | 1.1% | -10.6% |
| 2014 | 0.7% | -33.9% |
| 2015 | 0.5% | -29.0% |
| 2016 | 0.7% | +37.0% |
| 2017 | 0.8% | +15.5% |
| 2018 | 0.8% | -4.8% |
| 2019 | 0.5% | -28.2% |
| 2020 | 0.8% | +51.5% |
| 2021 | 2.9% | +256.2% |
Biggest year-on-year movements
Years where Mineral rents in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +256.2% | 0.8% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.4% | 0.8% | 10 |
| 1980s | 0.7% | 0.4% | 1.1% | 10 |
| 1990s | 0.3% | 0.2% | 0.7% | 10 |
| 2000s | 0.6% | 0.2% | 1.4% | 10 |
| 2010s | 0.9% | 0.5% | 1.6% | 10 |
| 2020s | 1.9% | 0.8% | 2.9% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 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
- 10 Peru 12.1% compare
- 11 Kyrgyzstan 11.2% compare
More energy & mining data for Latin America & Caribbean (excluding high income)
- Fuel imports 9.9% (2024)
- Ores and metals imports 2.4% (2024)
- Ores and metals exports 5.6% (2025)
- Fuel exports 7.4% (2025)
- Electric power transmission and distribution losses 14.2% (2024)
- Natural gas rents 0.1% (2021)
- Total natural resources rents 5.7% (2021)
- Alternative and nuclear energy 12.6% (2024)
- Electric power consumption 2,739 kWh per capita (2024)
- Combustible renewables and waste 28.3% (2024)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is mineral rents in Latin America & Caribbean (excluding high income)?
- Mineral rents in Latin America & Caribbean (excluding high income) was 2.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 2.9% in 2021.
- What is the lowest mineral rents recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.2% in 2001.
- How does Latin America & Caribbean (excluding high income) rank for mineral rents?
- Latin America & Caribbean (excluding high income) ranks 8th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 84.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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.