Natural gas rents in Caribbean Small States
Caribbean Small States: Natural gas rents was 2.0% in 2021. ◆ Volatile
Natural gas rents in Caribbean Small States, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for natural gas rents in Caribbean Small States is 2.0%, measured in 2021.
That represents a change of up 14.7% on the previous year and down 62.5% over ten years.
Over the whole period, natural gas rents in Caribbean Small States peaked at 5.7% in 2013 and was at its lowest, 0.1%, in 1982.
That places Caribbean Small States 6th 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.
Natural gas rents in Caribbean Small States, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.5% | — |
| 1981 | 0.2% | -44.7% |
| 1982 | 0.1% | -76.1% |
| 1983 | 0.4% | +581.9% |
| 1984 | 0.7% | +62.5% |
| 1985 | 0.7% | +9.2% |
| 1986 | 0.5% | -30.8% |
| 1987 | 0.3% | -33.3% |
| 1988 | 0.3% | -8.4% |
| 1989 | 0.4% | +30.2% |
| 1990 | 0.5% | +29.5% |
| 1991 | 0.5% | -10.6% |
| 1992 | 0.4% | -15.1% |
| 1993 | 0.6% | +43.4% |
| 1994 | 0.5% | -7.6% |
| 1995 | 0.5% | -12.3% |
| 1996 | 0.5% | +8.3% |
| 1997 | 0.4% | -9.0% |
| 1998 | 0.3% | -28.7% |
| 1999 | 0.5% | +69.6% |
| 2000 | 1.1% | +97.4% |
| 2001 | 1.1% | +3.4% |
| 2002 | 0.9% | -15.0% |
| 2003 | 1.0% | +5.2% |
| 2004 | 0.9% | -5.0% |
| 2005 | 1.8% | +90.1% |
| 2006 | 2.5% | +42.9% |
| 2007 | 2.9% | +14.6% |
| 2008 | 2.8% | -2.4% |
| 2009 | 3.9% | +35.9% |
| 2010 | 2.6% | -33.0% |
| 2011 | 5.2% | +103.0% |
| 2012 | 5.1% | -2.0% |
| 2013 | 5.7% | +11.6% |
| 2014 | 4.6% | -20.1% |
| 2015 | 2.2% | -51.0% |
| 2016 | 0.9% | -59.5% |
| 2017 | 1.2% | +31.9% |
| 2018 | 2.9% | +143.9% |
| 2019 | 3.1% | +6.3% |
| 2020 | 1.7% | -44.8% |
| 2021 | 2.0% | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4% | 0.1% | 0.7% | 10 |
| 1990s | 0.5% | 0.3% | 0.6% | 10 |
| 2000s | 1.9% | 0.9% | 3.9% | 10 |
| 2010s | 3.4% | 0.9% | 5.7% | 10 |
| 2020s | 1.8% | 1.7% | 2.0% | 2 |
Countries ranked near Caribbean Small States
- 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
- 9 Turkmenistan 7.6% compare
More energy & mining data for Caribbean Small States
- Fuel imports 15.4% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 1.8% (2024)
- Fuel exports 29.7% (2024)
- Electric power transmission and distribution losses 5.5% (2023)
- Mineral rents 1.2% (2021)
- Total natural resources rents 7.9% (2021)
- Alternative and nuclear energy 0.7% (2023)
- Combustible renewables and waste 0.2% (2023)
- Electricity production from oil sources 7.1% (2023)
Frequently asked questions
- What is natural gas rents in Caribbean Small States?
- Natural gas rents in Caribbean Small States was 2.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Caribbean Small States?
- The highest recorded value was 5.7% in 2013.
- What is the lowest natural gas rents recorded in Caribbean Small States?
- The lowest recorded value was 0.1% in 1982.
- How does Caribbean Small States rank for natural gas rents?
- Caribbean Small States ranks 6th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Caribbean Small States?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States 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 — 42 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.