Mineral rents in OECD members
OECD members: Mineral rents was 0.5% in 2021. ◆ Volatile
Mineral rents in OECD members, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in OECD members is 0.5%, measured in 2021. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 196.1% on the previous year and up 22.9% over ten years.
Over the whole period, mineral rents in OECD members peaked at 0.5% in 2021 and was at its lowest, 0.0%, in 2002.
That places OECD members 36th out of 45 groups with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in OECD members, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.1% | -32.6% |
| 1972 | 0.1% | -11.8% |
| 1973 | 0.2% | +77.8% |
| 1974 | 0.3% | +34.0% |
| 1975 | 0.2% | -45.7% |
| 1976 | 0.2% | -5.0% |
| 1977 | 0.2% | -3.7% |
| 1978 | 0.1% | -44.5% |
| 1979 | 0.1% | +51.9% |
| 1980 | 0.2% | +19.1% |
| 1981 | 0.1% | -30.1% |
| 1982 | 0.1% | -19.2% |
| 1983 | 0.1% | +6.2% |
| 1984 | 0.1% | -11.5% |
| 1985 | 0.1% | -4.0% |
| 1986 | 0.0% | -36.1% |
| 1987 | 0.1% | +21.8% |
| 1988 | 0.2% | +168.6% |
| 1989 | 0.1% | -22.5% |
| 1990 | 0.1% | -25.8% |
| 1991 | 0.1% | -33.3% |
| 1992 | 0.1% | -9.3% |
| 1993 | 0.0% | -27.5% |
| 1994 | 0.1% | +28.9% |
| 1995 | 0.1% | +23.6% |
| 1996 | 0.1% | -19.3% |
| 1997 | 0.1% | -3.3% |
| 1998 | 0.0% | -24.7% |
| 1999 | 0.0% | -5.3% |
| 2000 | 0.0% | +15.6% |
| 2001 | 0.0% | -18.7% |
| 2002 | 0.0% | -11.6% |
| 2003 | 0.0% | +12.8% |
| 2004 | 0.1% | +91.0% |
| 2005 | 0.1% | +48.7% |
| 2006 | 0.2% | +95.5% |
| 2007 | 0.2% | +23.2% |
| 2008 | 0.2% | -4.2% |
| 2009 | 0.1% | -40.4% |
| 2010 | 0.3% | +148.1% |
| 2011 | 0.4% | +24.9% |
| 2012 | 0.3% | -29.5% |
| 2013 | 0.3% | -5.9% |
| 2014 | 0.2% | -21.5% |
| 2015 | 0.1% | -46.9% |
| 2016 | 0.1% | +19.3% |
| 2017 | 0.2% | +36.3% |
| 2018 | 0.2% | -8.1% |
| 2019 | 0.1% | -21.6% |
| 2020 | 0.2% | +28.1% |
| 2021 | 0.5% | +196.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.3% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.4% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 2 |
Countries ranked near OECD members
More energy & mining data for OECD members
- Fuel imports 11.1% (2024)
- Ores and metals imports 3.4% (2024)
- Ores and metals exports 4.0% (2024)
- Fuel exports 9.5% (2024)
- Electric power transmission and distribution losses 5.7% (2024)
- Natural gas rents 0.3% (2021)
- Total natural resources rents 1.4% (2021)
- Alternative and nuclear energy 16.6% (2024)
- Electric power consumption 7,670 kWh per capita (2024)
- Combustible renewables and waste 7.1% (2023)
Frequently asked questions
- What is mineral rents in OECD members?
- Mineral rents in OECD members was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in OECD members?
- The highest recorded value was 0.5% in 2021.
- What is the lowest mineral rents recorded in OECD members?
- The lowest recorded value was 0.0% in 2002.
- How does OECD members rank for mineral rents?
- OECD members ranks 36th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in OECD members?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.