Mineral rents in World
World: Mineral rents was 0.8% in 2021. ◆ Volatile
Mineral rents in World, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in World is 0.8%, measured in 2021.
The figure is up 195.5% on the previous year and down 5.2% over ten years.
Over the whole period, mineral rents in World peaked at 0.8% in 2011 and was at its lowest, 0.1%, in 2003.
World ranks 30th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.2% | -30.8% |
| 1972 | 0.2% | -9.5% |
| 1973 | 0.3% | +68.1% |
| 1974 | 0.4% | +39.1% |
| 1975 | 0.2% | -43.8% |
| 1976 | 0.2% | -1.2% |
| 1977 | 0.2% | -0.9% |
| 1978 | 0.1% | -41.5% |
| 1979 | 0.2% | +57.4% |
| 1980 | 0.3% | +41.1% |
| 1981 | 0.2% | -31.3% |
| 1982 | 0.2% | -18.3% |
| 1983 | 0.2% | +8.5% |
| 1984 | 0.1% | -28.4% |
| 1985 | 0.1% | +11.3% |
| 1986 | 0.1% | -28.3% |
| 1987 | 0.1% | +15.4% |
| 1988 | 0.3% | +110.8% |
| 1989 | 0.2% | -17.4% |
| 1990 | 0.1% | -30.0% |
| 1991 | 0.1% | -23.4% |
| 1992 | 0.1% | +11.6% |
| 1993 | 0.1% | -29.1% |
| 1994 | 0.1% | +12.5% |
| 1995 | 0.1% | +2.2% |
| 1996 | 0.1% | -14.2% |
| 1997 | 0.1% | -9.0% |
| 1998 | 0.1% | -1.0% |
| 1999 | 0.1% | -9.6% |
| 2000 | 0.1% | +4.0% |
| 2001 | 0.1% | -14.7% |
| 2002 | 0.1% | +0.8% |
| 2003 | 0.1% | -1.1% |
| 2004 | 0.1% | +73.2% |
| 2005 | 0.2% | +84.1% |
| 2006 | 0.4% | +78.3% |
| 2007 | 0.5% | +51.0% |
| 2008 | 0.6% | +4.6% |
| 2009 | 0.3% | -43.7% |
| 2010 | 0.7% | +111.2% |
| 2011 | 0.8% | +20.8% |
| 2012 | 0.5% | -40.0% |
| 2013 | 0.4% | -9.5% |
| 2014 | 0.3% | -29.0% |
| 2015 | 0.2% | -41.4% |
| 2016 | 0.2% | +17.0% |
| 2017 | 0.3% | +29.2% |
| 2018 | 0.3% | -8.4% |
| 2019 | 0.2% | -8.5% |
| 2020 | 0.3% | +11.9% |
| 2021 | 0.8% | +195.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.4% | 10 |
| 1980s | 0.2% | 0.1% | 0.3% | 10 |
| 1990s | 0.1% | 0.1% | 0.1% | 10 |
| 2000s | 0.2% | 0.1% | 0.6% | 10 |
| 2010s | 0.4% | 0.2% | 0.8% | 10 |
| 2020s | 0.5% | 0.3% | 0.8% | 2 |
Countries ranked near World
- 27 Tanzania, United Republic of 4.0% compare
- 28 Lao People's Democratic Republic 3.9% compare
- 29 South Africa 3.8% compare
- 30 Panama 3.6% compare
- 31 Iran, Islamic Republic of 3.4% compare
- 32 Namibia 3.2% compare
- 33 Senegal 2.9% compare
More energy & mining data for World
- Fuel imports 13.1% (2024)
- Ores and metals imports 4.7% (2024)
- Ores and metals exports 4.0% (2024)
- Fuel exports 10.7% (2024)
- Electric power transmission and distribution losses 6.5% (2024)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 3.1% (2021)
- Alternative and nuclear energy 16.5% (2024)
- Electric power consumption 3,558 kWh per capita (2023)
- Combustible renewables and waste 30.1% (2024)
Frequently asked questions
- What is mineral rents in World?
- Mineral rents in World was 0.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in World?
- The highest recorded value was 0.8% in 2011.
- What is the lowest mineral rents recorded in World?
- The lowest recorded value was 0.1% in 2003.
- How does World rank for mineral rents?
- World ranks 30th out of 45 groups with data for 2021.
- Is mineral rents rising or falling in World?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is volatile.
- Where does this World 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.
Download this data
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.