Natural gas rents in Australia
Australia: Natural gas rents was 1.7% in 2021. ◆ Volatile
Natural gas rents in Australia, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Australia recorded 1.7% for natural gas rents in 2021. That is the highest value across all 52 years on record.
The figure is up 42.5% on the previous year and up 389.8% over ten years.
Over the whole period, natural gas rents in Australia peaked at 1.7% in 2021 and was at its lowest, 0.0%, in 1970.
That places Australia 25th out of 201 countries 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.
Natural gas rents in Australia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | +86.7% |
| 1973 | 0.0% | +67.1% |
| 1974 | 0.1% | +297.4% |
| 1975 | 0.1% | +74.7% |
| 1976 | 0.2% | +4.3% |
| 1977 | 0.2% | +12.6% |
| 1978 | 0.2% | +15.1% |
| 1979 | 0.3% | +40.5% |
| 1980 | 0.3% | -5.9% |
| 1981 | 0.1% | -58.4% |
| 1982 | 0.0% | -66.1% |
| 1983 | 0.1% | +131.0% |
| 1984 | 0.1% | +23.4% |
| 1985 | 0.2% | +46.1% |
| 1986 | 0.3% | +67.6% |
| 1987 | 0.2% | -12.9% |
| 1988 | 0.2% | -30.3% |
| 1989 | 0.1% | -9.7% |
| 1990 | 0.2% | +64.2% |
| 1991 | 0.2% | -16.8% |
| 1992 | 0.2% | +17.6% |
| 1993 | 0.3% | +32.5% |
| 1994 | 0.4% | +18.1% |
| 1995 | 0.4% | +1.3% |
| 1996 | 0.4% | +10.0% |
| 1997 | 0.4% | -5.1% |
| 1998 | 0.3% | -18.1% |
| 1999 | 0.4% | +17.2% |
| 2000 | 0.6% | +51.3% |
| 2001 | 0.6% | +1.9% |
| 2002 | 0.5% | -13.1% |
| 2003 | 0.5% | +4.1% |
| 2004 | 0.4% | -11.7% |
| 2005 | 0.4% | -6.4% |
| 2006 | 0.4% | -5.0% |
| 2007 | 0.4% | -10.9% |
| 2008 | 0.3% | -6.9% |
| 2009 | 0.4% | +14.8% |
| 2010 | 0.4% | -5.6% |
| 2011 | 0.4% | -2.3% |
| 2012 | 0.3% | -16.9% |
| 2013 | 0.3% | +13.7% |
| 2014 | 0.5% | +46.1% |
| 2015 | 0.6% | +24.9% |
| 2016 | 0.6% | -2.8% |
| 2017 | 0.7% | +20.9% |
| 2018 | 1.1% | +58.6% |
| 2019 | 1.3% | +18.8% |
| 2020 | 1.2% | -9.9% |
| 2021 | 1.7% | +42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.3% | 10 |
| 1980s | 0.2% | 0.0% | 0.3% | 10 |
| 1990s | 0.3% | 0.2% | 0.4% | 10 |
| 2000s | 0.4% | 0.3% | 0.6% | 10 |
| 2010s | 0.6% | 0.3% | 1.3% | 10 |
| 2020s | 1.5% | 1.2% | 1.7% | 2 |
Countries ranked near Australia
- 22 Kazakhstan 2.0% compare
- 23 United Arab Emirates 2.0% compare
- 24 Bolivia, Plurinational State of 1.9% compare
- 26 Saudi Arabia 1.7% compare
- 27 Kuwait 1.7% compare
- 28 Ukraine 1.4% compare
More energy & mining data for Australia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.4235 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 11.7% (2025)
Frequently asked questions
- What is natural gas rents in Australia?
- Natural gas rents in Australia was 1.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Australia?
- The highest recorded value was 1.7% in 2021.
- What is the lowest natural gas rents recorded in Australia?
- The lowest recorded value was 0.0% in 1970.
- How does Australia rank for natural gas rents?
- Australia ranks 25th out of 201 countries with data for 2021.
- Is natural gas rents rising or falling in Australia?
- Over the last ten years it is up 389.8%. The long-run trend across the full record is volatile.
- Where does this Australia 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 — 52 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.