Mineral rents in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Mineral rents was 2.9% in 2021. ◆ Volatile
Mineral rents in Sub-Saharan Africa (excluding high income), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Sub-Saharan Africa (excluding high income) stood at 2.9%.
That represents a change of up 232.7% on the previous year and up 77.1% over ten years.
Over the whole period, mineral rents in Sub-Saharan Africa (excluding high income) peaked at 4.0% in 1980 and was at its lowest, 0.2%, in 2003.
Sub-Saharan Africa (excluding high income) ranks 9th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Sub-Saharan Africa (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.3% | — |
| 1971 | 1.5% | -32.6% |
| 1972 | 1.4% | -10.9% |
| 1973 | 2.3% | +70.0% |
| 1974 | 2.7% | +14.0% |
| 1975 | 1.1% | -60.2% |
| 1976 | 1.1% | +1.9% |
| 1977 | 1.1% | -2.8% |
| 1978 | 0.6% | -40.2% |
| 1979 | 1.9% | +200.1% |
| 1980 | 4.0% | +110.5% |
| 1981 | 1.7% | -57.0% |
| 1982 | 1.3% | -26.5% |
| 1983 | 1.9% | +48.2% |
| 1984 | 0.6% | -70.3% |
| 1985 | 1.3% | +141.9% |
| 1986 | 1.4% | +6.7% |
| 1987 | 1.7% | +17.1% |
| 1988 | 2.2% | +31.1% |
| 1989 | 1.9% | -13.5% |
| 1990 | 1.2% | -36.0% |
| 1991 | 1.1% | -9.6% |
| 1992 | 0.9% | -14.9% |
| 1993 | 1.0% | +3.2% |
| 1994 | 1.1% | +16.6% |
| 1995 | 0.4% | -65.6% |
| 1996 | 0.6% | +44.1% |
| 1997 | 0.4% | -32.4% |
| 1998 | 0.3% | -26.7% |
| 1999 | 0.3% | +5.4% |
| 2000 | 0.4% | +46.8% |
| 2001 | 0.4% | +3.6% |
| 2002 | 0.5% | +10.9% |
| 2003 | 0.2% | -59.1% |
| 2004 | 0.3% | +61.9% |
| 2005 | 0.6% | +70.5% |
| 2006 | 1.0% | +73.7% |
| 2007 | 1.1% | +16.8% |
| 2008 | 1.1% | +1.4% |
| 2009 | 0.8% | -25.4% |
| 2010 | 1.4% | +59.9% |
| 2011 | 1.6% | +21.7% |
| 2012 | 1.3% | -19.4% |
| 2013 | 1.2% | -12.9% |
| 2014 | 0.8% | -27.5% |
| 2015 | 0.5% | -42.3% |
| 2016 | 0.7% | +36.0% |
| 2017 | 0.9% | +31.7% |
| 2018 | 0.7% | -13.5% |
| 2019 | 0.7% | -8.5% |
| 2020 | 0.9% | +27.8% |
| 2021 | 2.9% | +232.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 0.6% | 2.7% | 10 |
| 1980s | 1.8% | 0.6% | 4.0% | 10 |
| 1990s | 0.7% | 0.3% | 1.2% | 10 |
| 2000s | 0.6% | 0.2% | 1.1% | 10 |
| 2010s | 1.0% | 0.5% | 1.6% | 10 |
| 2020s | 1.9% | 0.9% | 2.9% | 2 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 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
- 12 Australia 10.5% compare
More energy & mining data for Sub-Saharan Africa (excluding high income)
- Fuel imports 23.6% (2024)
- Ores and metals imports 2.0% (2024)
- Ores and metals exports 16.1% (2024)
- Fuel exports 40.2% (2024)
- Electric power transmission and distribution losses 25.8% (2024)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 10.0% (2021)
- Alternative and nuclear energy 17.4% (2024)
- Electric power consumption 376.79 kWh per capita (2023)
- Combustible renewables and waste 62.0% (2024)
Frequently asked questions
- What is mineral rents in Sub-Saharan Africa (excluding high income)?
- Mineral rents in Sub-Saharan Africa (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 Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 4.0% in 1980.
- What is the lowest mineral rents recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 0.2% in 2003.
- How does Sub-Saharan Africa (excluding high income) rank for mineral rents?
- Sub-Saharan Africa (excluding high income) ranks 9th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 77.1%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (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.
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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.