Mineral rents in Middle income
Middle income: Mineral rents was 1.2% in 2021. ◆ Volatile
Mineral rents in Middle 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 Middle income is 1.2%, measured in 2021.
The figure is up 192.9% on the previous year and down 33.6% over ten years.
Over the whole period, mineral rents in Middle income peaked at 1.7% in 2011 and was at its lowest, 0.2%, in 2001.
Middle income ranks 23rd of 47 groups 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 Middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 0.4% | -26.5% |
| 1972 | 0.4% | +0.3% |
| 1973 | 0.6% | +51.7% |
| 1974 | 0.9% | +45.5% |
| 1975 | 0.5% | -40.3% |
| 1976 | 0.5% | +6.4% |
| 1977 | 0.6% | +4.9% |
| 1978 | 0.4% | -35.3% |
| 1979 | 0.6% | +71.1% |
| 1980 | 1.0% | +62.5% |
| 1981 | 0.6% | -38.2% |
| 1982 | 0.5% | -15.5% |
| 1983 | 0.6% | +16.8% |
| 1984 | 0.4% | -39.2% |
| 1985 | 0.5% | +23.8% |
| 1986 | 0.4% | -15.0% |
| 1987 | 0.5% | +19.5% |
| 1988 | 0.9% | +88.8% |
| 1989 | 0.8% | -14.0% |
| 1990 | 0.5% | -34.7% |
| 1991 | 0.5% | -8.4% |
| 1992 | 0.5% | -1.3% |
| 1993 | 0.3% | -31.9% |
| 1994 | 0.3% | +2.6% |
| 1995 | 0.3% | -15.3% |
| 1996 | 0.2% | -11.1% |
| 1997 | 0.2% | -17.5% |
| 1998 | 0.3% | +25.8% |
| 1999 | 0.2% | -11.1% |
| 2000 | 0.2% | -11.1% |
| 2001 | 0.2% | -8.5% |
| 2002 | 0.2% | +12.4% |
| 2003 | 0.2% | -6.2% |
| 2004 | 0.3% | +60.1% |
| 2005 | 0.6% | +104.5% |
| 2006 | 1.0% | +53.3% |
| 2007 | 1.5% | +57.1% |
| 2008 | 1.6% | +4.5% |
| 2009 | 0.8% | -47.9% |
| 2010 | 1.5% | +83.1% |
| 2011 | 1.7% | +14.9% |
| 2012 | 0.9% | -47.5% |
| 2013 | 0.8% | -13.5% |
| 2014 | 0.5% | -35.9% |
| 2015 | 0.3% | -40.4% |
| 2016 | 0.4% | +18.8% |
| 2017 | 0.4% | +23.5% |
| 2018 | 0.4% | -11.0% |
| 2019 | 0.4% | -1.1% |
| 2020 | 0.4% | +1.3% |
| 2021 | 1.2% | +192.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.4% | 0.9% | 10 |
| 1980s | 0.6% | 0.4% | 1.0% | 10 |
| 1990s | 0.3% | 0.2% | 0.5% | 10 |
| 2000s | 0.7% | 0.2% | 1.6% | 10 |
| 2010s | 0.7% | 0.3% | 1.7% | 10 |
| 2020s | 0.8% | 0.4% | 1.2% | 2 |
Countries ranked near Middle income
More energy & mining data for Middle income
- Fuel imports 18.2% (2024)
- Ores and metals imports 8.3% (2024)
- Ores and metals exports 4.2% (2024)
- Fuel exports 8.2% (2024)
- Electric power transmission and distribution losses 13.1% (2024)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 4.0% (2021)
- Alternative and nuclear energy 13.4% (2024)
- Electric power consumption 2,675 kWh per capita (2023)
- Combustible renewables and waste 30.1% (2024)
Frequently asked questions
- What is mineral rents in Middle income?
- Mineral rents in Middle income was 1.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Middle income?
- The highest recorded value was 1.7% in 2011.
- What is the lowest mineral rents recorded in Middle income?
- The lowest recorded value was 0.2% in 2001.
- How does Middle income rank for mineral rents?
- Middle income ranks 23rd out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Middle income?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is volatile.
- Where does this Middle 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.