Mineral rents in Sub-Saharan Africa
Sub-Saharan Africa: Mineral rents was 2.9% in 2021. ◆ Volatile
Mineral rents in Sub-Saharan Africa, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Sub-Saharan Africa stood at 2.9%.
The figure is up 232.7% on the previous year and up 77.1% over ten years.
Over the whole period, mineral rents in Sub-Saharan Africa peaked at 4.0% in 1980 and was at its lowest, 0.2%, in 2003.
That places Sub-Saharan Africa 10th out of 47 groups with data for 2021, putting it 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, 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 | 1.0% | -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% | -15.0% |
| 1993 | 1.0% | +3.2% |
| 1994 | 1.1% | +16.6% |
| 1995 | 0.4% | -65.6% |
| 1996 | 0.6% | +44.2% |
| 1997 | 0.4% | -32.4% |
| 1998 | 0.3% | -26.7% |
| 1999 | 0.3% | +5.3% |
| 2000 | 0.4% | +46.8% |
| 2001 | 0.4% | +3.6% |
| 2002 | 0.5% | +10.9% |
| 2003 | 0.2% | -59.0% |
| 2004 | 0.3% | +61.9% |
| 2005 | 0.6% | +70.6% |
| 2006 | 1.0% | +73.7% |
| 2007 | 1.1% | +16.9% |
| 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% | -42.4% |
| 2016 | 0.7% | +36.0% |
| 2017 | 0.9% | +31.7% |
| 2018 | 0.7% | -13.5% |
| 2019 | 0.7% | -8.5% |
| 2020 | 0.9% | +27.9% |
| 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
- 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
- 13 Mauritania 9.6% compare
More energy & mining data for Sub-Saharan Africa
- Fuel imports 23.6% (2024)
- Ores and metals imports 2.0% (2024)
- Ores and metals exports 16.1% (2024)
- Fuel exports 40.1% (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?
- Mineral rents in Sub-Saharan Africa 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?
- The highest recorded value was 4.0% in 1980.
- What is the lowest mineral rents recorded in Sub-Saharan Africa?
- The lowest recorded value was 0.2% in 2003.
- How does Sub-Saharan Africa rank for mineral rents?
- Sub-Saharan Africa ranks 10th out of 47 groups with data for 2021.
- Is mineral rents rising or falling in Sub-Saharan Africa?
- 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 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.