Natural gas rents in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Natural gas rents was 2.8% in 2021. ◆ Volatile
Natural gas rents in Europe & Central Asia (IDA & IBRD countries), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Europe & Central Asia (IDA & IBRD countries) stood at 2.8%.
The figure is up 434.5% on the previous year and up 39.1% over ten years.
Over the whole period, natural gas rents in Europe & Central Asia (IDA & IBRD countries) peaked at 3.2% in 2001 and was at its lowest, 0.0%, in 1970.
Europe & Central Asia (IDA & IBRD countries) ranks 4th 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 Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | +272.9% |
| 1973 | 0.0% | +3.6% |
| 1974 | 0.0% | +208.0% |
| 1975 | 0.0% | +79.9% |
| 1976 | 0.0% | +161.9% |
| 1977 | 0.0% | +7.8% |
| 1978 | 0.0% | +17.3% |
| 1979 | 0.0% | +70.0% |
| 1980 | 0.0% | +617.2% |
| 1981 | 0.0% | -49.4% |
| 1982 | 0.0% | -62.6% |
| 1983 | 0.0% | +89.2% |
| 1984 | 0.0% | +271.3% |
| 1985 | 0.0% | -16.7% |
| 1986 | 0.0% | +54.4% |
| 1987 | 0.7% | +3861.2% |
| 1988 | 0.8% | +18.7% |
| 1989 | 0.9% | +10.9% |
| 1990 | 1.3% | +39.0% |
| 1991 | 0.9% | -29.1% |
| 1992 | 0.5% | -46.1% |
| 1993 | 1.1% | +122.5% |
| 1994 | 1.1% | +1.8% |
| 1995 | 1.6% | +46.8% |
| 1996 | 1.5% | -10.2% |
| 1997 | 1.4% | -1.1% |
| 1998 | 0.2% | -85.3% |
| 1999 | 0.2% | +14.6% |
| 2000 | 1.5% | +537.5% |
| 2001 | 3.2% | +110.0% |
| 2002 | 2.2% | -31.6% |
| 2003 | 2.0% | -7.5% |
| 2004 | 1.4% | -30.4% |
| 2005 | 1.0% | -29.8% |
| 2006 | 1.9% | +89.4% |
| 2007 | 1.5% | -19.2% |
| 2008 | 2.3% | +49.7% |
| 2009 | 1.8% | -22.1% |
| 2010 | 1.5% | -15.5% |
| 2011 | 2.0% | +34.9% |
| 2012 | 2.0% | -2.1% |
| 2013 | 1.9% | -5.6% |
| 2014 | 1.4% | -26.6% |
| 2015 | 1.3% | -7.6% |
| 2016 | 0.8% | -37.3% |
| 2017 | 1.0% | +29.9% |
| 2018 | 1.7% | +60.6% |
| 2019 | 1.2% | -30.9% |
| 2020 | 0.5% | -54.0% |
| 2021 | 2.8% | +434.5% |
Biggest year-on-year movements
Years where Natural gas rents in Europe & Central Asia (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +3861.2% | 0.0% | 0.7% |
| 1980 | +617.2% | 0.0% | 0.0% |
| 2000 | +537.5% | 0.2% | 1.5% |
| 2021 | +434.5% | 0.5% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.2% | 0.0% | 0.9% | 10 |
| 1990s | 1.0% | 0.2% | 1.6% | 10 |
| 2000s | 1.9% | 1.0% | 3.2% | 10 |
| 2010s | 1.5% | 0.8% | 2.0% | 10 |
| 2020s | 1.7% | 0.5% | 2.8% | 2 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 1 Timor-Leste 29.4% compare
- 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
More energy & mining data for Europe & Central Asia (IDA & IBRD countries)
- Fuel imports 8.9% (2024)
- Ores and metals imports 4.5% (2024)
- Ores and metals exports 6.6% (2021)
- Fuel exports 22.7% (2021)
- Electric power transmission and distribution losses 7.8% (2024)
- Mineral rents 1.9% (2021)
- Total natural resources rents 10.1% (2021)
- Alternative and nuclear energy 11.3% (2024)
- Electric power consumption 4,571 kWh per capita (2023)
- Combustible renewables and waste 3.3% (2023)
Frequently asked questions
- What is natural gas rents in Europe & Central Asia (IDA & IBRD countries)?
- Natural gas rents in Europe & Central Asia (IDA & IBRD countries) was 2.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 3.2% in 2001.
- What is the lowest natural gas rents recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 0.0% in 1970.
- How does Europe & Central Asia (IDA & IBRD countries) rank for natural gas rents?
- Europe & Central Asia (IDA & IBRD countries) ranks 4th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.