Mineral rents in Small states
Small states: Mineral rents was 0.3% in 2021. ◆ Volatile
Mineral rents in Small states, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Small states is 0.3%, measured in 2021.
That represents a change of up 310.8% on the previous year and down 55.3% over ten years.
Over the whole period, mineral rents in Small states peaked at 2.9% in 1970 and was at its lowest, 0.1%, in 2002.
That places Small states 41st 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 Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.9% | — |
| 1971 | 2.6% | -10.0% |
| 1972 | 2.2% | -16.1% |
| 1973 | 1.5% | -28.4% |
| 1974 | 2.1% | +33.4% |
| 1975 | 1.5% | -28.9% |
| 1976 | 1.4% | -7.1% |
| 1977 | 1.4% | +0.8% |
| 1978 | 1.2% | -13.2% |
| 1979 | 0.8% | -32.7% |
| 1980 | 0.6% | -26.4% |
| 1981 | 0.5% | -7.9% |
| 1982 | 0.5% | -11.8% |
| 1983 | 0.4% | -21.3% |
| 1984 | 0.5% | +45.3% |
| 1985 | 0.5% | -2.4% |
| 1986 | 0.6% | +4.5% |
| 1987 | 0.4% | -35.4% |
| 1988 | 0.3% | -11.4% |
| 1989 | 0.4% | +14.4% |
| 1990 | 0.3% | -17.9% |
| 1991 | 0.3% | -6.6% |
| 1992 | 0.2% | -17.6% |
| 1993 | 0.3% | +20.2% |
| 1994 | 0.3% | +15.8% |
| 1995 | 0.2% | -36.4% |
| 1996 | 0.2% | +16.0% |
| 1997 | 0.2% | -25.0% |
| 1998 | 0.1% | -37.5% |
| 1999 | 0.1% | -7.0% |
| 2000 | 0.1% | +8.3% |
| 2001 | 0.1% | -28.8% |
| 2002 | 0.1% | -21.3% |
| 2003 | 0.1% | +20.6% |
| 2004 | 0.1% | +59.3% |
| 2005 | 0.2% | +39.5% |
| 2006 | 0.2% | +2.0% |
| 2007 | 0.2% | +11.9% |
| 2008 | 0.2% | -3.3% |
| 2009 | 0.3% | +48.1% |
| 2010 | 0.6% | +104.4% |
| 2011 | 0.7% | +32.4% |
| 2012 | 0.8% | +13.6% |
| 2013 | 0.5% | -35.4% |
| 2014 | 0.3% | -50.5% |
| 2015 | 0.1% | -52.6% |
| 2016 | 0.4% | +243.7% |
| 2017 | 0.4% | +2.1% |
| 2018 | 0.1% | -83.9% |
| 2019 | 0.1% | -11.4% |
| 2020 | 0.1% | +26.6% |
| 2021 | 0.3% | +310.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.8% | 2.9% | 10 |
| 1980s | 0.5% | 0.3% | 0.6% | 10 |
| 1990s | 0.2% | 0.1% | 0.3% | 10 |
| 2000s | 0.1% | 0.1% | 0.3% | 10 |
| 2010s | 0.4% | 0.1% | 0.8% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near Small states
More energy & mining data for Small states
- Fuel imports 18.1% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 5.1% (2024)
- Fuel exports 25.0% (2024)
- Electric power transmission and distribution losses 6.7% (2024)
- Natural gas rents 1.8% (2021)
- Total natural resources rents 4.7% (2021)
- Alternative and nuclear energy 57.6% (2024)
- Combustible renewables and waste 8.1% (2023)
- Electricity production from oil sources 0.1% (2024)
Frequently asked questions
- What is mineral rents in Small states?
- Mineral rents in Small states was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Small states?
- The highest recorded value was 2.9% in 1970.
- What is the lowest mineral rents recorded in Small states?
- The lowest recorded value was 0.1% in 2002.
- How does Small states rank for mineral rents?
- Small states ranks 41st out of 45 groups with data for 2021.
- Is mineral rents rising or falling in Small states?
- Over the last ten years it is down 55.3%. The long-run trend across the full record is volatile.
- Where does this Small states 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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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.