Natural gas rents in European Union
European Union: Natural gas rents was 0.0% in 2021. ◆ Volatile
Natural gas rents in European Union, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in European Union stood at 0.0%.
The figure is up 360.6% on the previous year and down 53.3% over ten years.
Over the whole period, natural gas rents in European Union peaked at 0.2% in 1980 and was at its lowest, 0.0%, in 1999.
That places European Union 45th out of 47 groups with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in European Union, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +37.2% |
| 1972 | 0.0% | +41.3% |
| 1973 | 0.0% | -26.0% |
| 1974 | 0.1% | +214.2% |
| 1975 | 0.1% | +29.3% |
| 1976 | 0.1% | +5.6% |
| 1977 | 0.1% | -17.4% |
| 1978 | 0.1% | -14.3% |
| 1979 | 0.1% | +43.7% |
| 1980 | 0.2% | +15.9% |
| 1981 | 0.1% | -27.5% |
| 1982 | 0.1% | -57.1% |
| 1983 | 0.1% | +86.6% |
| 1984 | 0.1% | +6.0% |
| 1985 | 0.1% | -9.6% |
| 1986 | 0.1% | -31.8% |
| 1987 | 0.0% | -43.0% |
| 1988 | 0.0% | -24.9% |
| 1989 | 0.0% | +6.3% |
| 1990 | 0.0% | +22.1% |
| 1991 | 0.0% | -26.2% |
| 1992 | 0.0% | -52.3% |
| 1993 | 0.0% | +150.5% |
| 1994 | 0.0% | -11.3% |
| 1995 | 0.0% | +62.7% |
| 1996 | 0.0% | +1.0% |
| 1997 | 0.1% | +9.2% |
| 1998 | 0.0% | -87.9% |
| 1999 | 0.0% | -5.7% |
| 2000 | 0.0% | +622.8% |
| 2001 | 0.1% | +114.1% |
| 2002 | 0.1% | -31.9% |
| 2003 | 0.1% | -14.4% |
| 2004 | 0.0% | -16.7% |
| 2005 | 0.0% | -23.2% |
| 2006 | 0.1% | +107.9% |
| 2007 | 0.1% | -14.8% |
| 2008 | 0.1% | +71.8% |
| 2009 | 0.1% | -27.3% |
| 2010 | 0.1% | -2.9% |
| 2011 | 0.1% | +33.5% |
| 2012 | 0.1% | +8.9% |
| 2013 | 0.1% | -6.3% |
| 2014 | 0.1% | -39.7% |
| 2015 | 0.0% | -27.9% |
| 2016 | 0.0% | -42.6% |
| 2017 | 0.0% | +21.7% |
| 2018 | 0.0% | +31.5% |
| 2019 | 0.0% | -37.6% |
| 2020 | 0.0% | -60.1% |
| 2021 | 0.0% | +360.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.1% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.0% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near European Union
- 42 Venezuela, Bolivarian Republic of 0.4% compare
- 43 Ghana 0.4% compare
- 44 United States of America 0.4% compare
- 45 Congo 0.4% compare
- 46 Viet Nam 0.3% compare
- 47 Netherlands 0.3% compare
- 48 Côte d'Ivoire 0.3% compare
More energy & mining data for European Union
- Fuel imports 11.3% (2024)
- Ores and metals imports 3.5% (2024)
- Ores and metals exports 2.8% (2024)
- Fuel exports 5.3% (2024)
- Electric power transmission and distribution losses 6.2% (2024)
- Mineral rents 0.1% (2021)
- Total natural resources rents 0.2% (2021)
- Alternative and nuclear energy 22.7% (2024)
- Electric power consumption 5,998 kWh per capita (2024)
- Combustible renewables and waste 12.5% (2023)
Frequently asked questions
- What is natural gas rents in European Union?
- Natural gas rents in European Union was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in European Union?
- The highest recorded value was 0.2% in 1980.
- What is the lowest natural gas rents recorded in European Union?
- The lowest recorded value was 0.0% in 1999.
- How does European Union rank for natural gas rents?
- European Union ranks 45th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in European Union?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is volatile.
- Where does this European Union 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.
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About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.