Natural gas rents in Arab World
Arab World: Natural gas rents was 2.8% in 2021. ◆ Volatile
Natural gas rents in Arab World, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Arab World stood at 2.8%. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 43.2% on the previous year and up 75.0% over ten years.
Over the whole period, natural gas rents in Arab World peaked at 2.8% in 2021 and was at its lowest, 0.1%, in 1974.
Arab World ranks 5th of 47 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Arab World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.2% | — |
| 1972 | 0.2% | +9.2% |
| 1973 | 0.2% | -5.1% |
| 1974 | 0.1% | -42.3% |
| 1975 | 0.2% | +96.7% |
| 1976 | 0.2% | -9.1% |
| 1977 | 0.2% | +20.0% |
| 1978 | 0.3% | +37.4% |
| 1979 | 0.5% | +64.6% |
| 1980 | 0.4% | -33.6% |
| 1981 | 0.4% | +2.1% |
| 1982 | 0.2% | -55.3% |
| 1983 | 0.6% | +294.5% |
| 1984 | 0.6% | +1.1% |
| 1985 | 0.7% | +5.3% |
| 1986 | 0.8% | +24.5% |
| 1987 | 0.8% | -6.9% |
| 1988 | 0.9% | +9.4% |
| 1989 | 0.9% | +0.1% |
| 1990 | 0.7% | -22.7% |
| 1991 | 0.9% | +36.3% |
| 1992 | 0.9% | +4.5% |
| 1993 | 1.0% | +5.0% |
| 1994 | 1.0% | +3.7% |
| 1995 | 1.1% | +8.8% |
| 1996 | 1.2% | +6.2% |
| 1997 | 1.3% | +7.4% |
| 1998 | 1.3% | +1.6% |
| 1999 | 1.2% | -9.9% |
| 2000 | 1.4% | +19.7% |
| 2001 | 1.7% | +23.4% |
| 2002 | 1.5% | -10.9% |
| 2003 | 1.4% | -9.6% |
| 2004 | 1.3% | -3.7% |
| 2005 | 1.6% | +17.1% |
| 2006 | 1.6% | +1.6% |
| 2007 | 1.5% | -6.9% |
| 2008 | 1.3% | -11.1% |
| 2009 | 1.6% | +22.2% |
| 2010 | 1.4% | -12.5% |
| 2011 | 1.6% | +13.6% |
| 2012 | 1.6% | +0.2% |
| 2013 | 1.6% | -0.1% |
| 2014 | 1.5% | -6.9% |
| 2015 | 1.3% | -15.2% |
| 2016 | 1.0% | -20.9% |
| 2017 | 1.2% | +21.0% |
| 2018 | 1.8% | +46.3% |
| 2019 | 1.7% | -2.1% |
| 2020 | 2.0% | +12.7% |
| 2021 | 2.8% | +43.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.5% | 9 |
| 1980s | 0.6% | 0.2% | 0.9% | 10 |
| 1990s | 1.1% | 0.7% | 1.3% | 10 |
| 2000s | 1.5% | 1.3% | 1.7% | 10 |
| 2010s | 1.5% | 1.0% | 1.8% | 10 |
| 2020s | 2.4% | 2.0% | 2.8% | 2 |
Countries ranked near Arab World
- 2 Brunei Darussalam 13.9% compare
- 3 Qatar 12.0% compare
- 4 Uzbekistan 11.0% compare
- 5 Papua New Guinea 9.1% compare
- 6 Iran, Islamic Republic of 8.8% compare
- 7 Azerbaijan 8.6% compare
- 8 Algeria 8.0% compare
More energy & mining data for Arab World
- Fuel imports 8.9% (2023)
- Ores and metals imports 3.6% (2023)
- Ores and metals exports 4.2% (2023)
- Fuel exports 68.5% (2023)
- Electric power transmission and distribution losses 16.2% (2023)
- Mineral rents 0.2% (2021)
- Total natural resources rents 20.4% (2021)
- Alternative and nuclear energy 2.0% (2023)
- Electric power consumption 2,739 kWh per capita (2023)
- Combustible renewables and waste 2.7% (2023)
Frequently asked questions
- What is natural gas rents in Arab World?
- Natural gas rents in Arab World was 2.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Arab World?
- The highest recorded value was 2.8% in 2021.
- What is the lowest natural gas rents recorded in Arab World?
- The lowest recorded value was 0.1% in 1974.
- How does Arab World rank for natural gas rents?
- Arab World ranks 5th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Arab World?
- Over the last ten years it is up 75.0%. The long-run trend across the full record is volatile.
- Where does this Arab World data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Natural gas rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.