Mineral rents in North America
North America: Mineral rents was 0.2% in 2021. ◆ Volatile
Mineral rents in North America, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in North America stood at 0.2%.
Compared with earlier readings it is up 410.4% on the previous year and down 31.1% over ten years.
Over the whole period, mineral rents in North America peaked at 0.4% in 1974 and was at its lowest, 0.0%, in 2002.
North America ranks 43rd of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in North America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.2% | -36.5% |
| 1972 | 0.2% | -6.9% |
| 1973 | 0.3% | +98.6% |
| 1974 | 0.4% | +39.5% |
| 1975 | 0.2% | -41.7% |
| 1976 | 0.2% | -27.6% |
| 1977 | 0.2% | +8.0% |
| 1978 | 0.1% | -53.5% |
| 1979 | 0.2% | +72.6% |
| 1980 | 0.2% | +22.1% |
| 1981 | 0.1% | -33.8% |
| 1982 | 0.1% | -41.5% |
| 1983 | 0.1% | +5.9% |
| 1984 | 0.1% | -23.1% |
| 1985 | 0.1% | -6.2% |
| 1986 | 0.0% | -32.4% |
| 1987 | 0.1% | +56.3% |
| 1988 | 0.2% | +227.8% |
| 1989 | 0.1% | -38.2% |
| 1990 | 0.1% | -22.4% |
| 1991 | 0.1% | -26.8% |
| 1992 | 0.1% | -4.2% |
| 1993 | 0.0% | -25.2% |
| 1994 | 0.1% | +37.7% |
| 1995 | 0.1% | +26.0% |
| 1996 | 0.1% | -28.2% |
| 1997 | 0.0% | -21.1% |
| 1998 | 0.0% | -37.3% |
| 1999 | 0.0% | -8.8% |
| 2000 | 0.0% | -10.2% |
| 2001 | 0.0% | -38.4% |
| 2002 | 0.0% | -9.1% |
| 2003 | 0.0% | +50.1% |
| 2004 | 0.0% | +91.3% |
| 2005 | 0.0% | +17.1% |
| 2006 | 0.1% | +138.1% |
| 2007 | 0.1% | +22.7% |
| 2008 | 0.1% | +9.5% |
| 2009 | 0.1% | -42.8% |
| 2010 | 0.2% | +128.4% |
| 2011 | 0.3% | +39.7% |
| 2012 | 0.2% | -33.3% |
| 2013 | 0.1% | -24.8% |
| 2014 | 0.1% | -24.1% |
| 2015 | 0.0% | -56.0% |
| 2016 | 0.0% | +3.9% |
| 2017 | 0.1% | +14.3% |
| 2018 | 0.0% | -21.8% |
| 2019 | 0.0% | -25.3% |
| 2020 | 0.0% | +16.3% |
| 2021 | 0.2% | +410.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.4% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.3% | 10 |
| 2020s | 0.1% | 0.0% | 0.2% | 2 |
Countries ranked near North America
More energy & mining data for North America
- Fuel imports 7.3% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 3.8% (2024)
- Fuel exports 20.3% (2024)
- Electric power transmission and distribution losses 5.2% (2024)
- Natural gas rents 0.4% (2021)
- Total natural resources rents 1.6% (2021)
- Alternative and nuclear energy 14.9% (2024)
- Electric power consumption 12,975 kWh per capita (2024)
- Combustible renewables and waste 5.2% (2023)
Frequently asked questions
- What is mineral rents in North America?
- Mineral rents in North America was 0.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in North America?
- The highest recorded value was 0.4% in 1974.
- What is the lowest mineral rents recorded in North America?
- The lowest recorded value was 0.0% in 2002.
- How does North America rank for mineral rents?
- North America ranks 43rd out of 47 groups with data for 2021.
- Is mineral rents rising or falling in North America?
- Over the last ten years it is down 31.1%. The long-run trend across the full record is volatile.
- Where does this North America 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.