Natural gas rents in IDA blend
IDA blend: Natural gas rents was 1.6% in 2021. ◆ Volatile
Natural gas rents in IDA blend, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in IDA blend stood at 1.6%. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 108.0% on the previous year and up 13.2% over ten years.
Over the whole period, natural gas rents in IDA blend peaked at 1.6% in 2021 and was at its lowest, 0.0%, in 1982.
IDA blend ranks 9th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in IDA blend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | -13.0% |
| 1972 | 0.1% | -29.7% |
| 1973 | 0.1% | +15.4% |
| 1974 | 0.1% | -8.6% |
| 1975 | 0.1% | +34.6% |
| 1976 | 0.1% | -2.4% |
| 1977 | 0.1% | +15.7% |
| 1978 | 0.1% | -27.7% |
| 1979 | 0.1% | -10.7% |
| 1980 | 0.1% | +41.2% |
| 1981 | 0.0% | -82.4% |
| 1982 | 0.0% | -71.2% |
| 1983 | 0.1% | +1026.3% |
| 1984 | 0.0% | -28.4% |
| 1985 | 0.1% | +14.0% |
| 1986 | 0.1% | +137.7% |
| 1987 | 0.1% | -2.1% |
| 1988 | 0.1% | -21.9% |
| 1989 | 0.2% | +93.3% |
| 1990 | 0.6% | +230.9% |
| 1991 | 0.4% | -33.1% |
| 1992 | 0.3% | -23.4% |
| 1993 | 0.6% | +78.7% |
| 1994 | 0.6% | -0.6% |
| 1995 | 0.6% | +12.7% |
| 1996 | 0.5% | -14.0% |
| 1997 | 0.6% | +1.1% |
| 1998 | 0.3% | -54.5% |
| 1999 | 0.4% | +61.8% |
| 2000 | 1.0% | +153.8% |
| 2001 | 1.6% | +53.4% |
| 2002 | 1.3% | -20.1% |
| 2003 | 1.4% | +8.7% |
| 2004 | 1.3% | -9.0% |
| 2005 | 1.0% | -18.5% |
| 2006 | 1.4% | +36.8% |
| 2007 | 1.1% | -17.9% |
| 2008 | 1.4% | +24.5% |
| 2009 | 1.1% | -20.3% |
| 2010 | 1.1% | -3.6% |
| 2011 | 1.5% | +32.6% |
| 2012 | 1.4% | -2.2% |
| 2013 | 1.2% | -15.7% |
| 2014 | 1.0% | -14.1% |
| 2015 | 1.0% | -5.7% |
| 2016 | 0.7% | -27.1% |
| 2017 | 0.9% | +23.3% |
| 2018 | 1.2% | +42.3% |
| 2019 | 1.1% | -15.1% |
| 2020 | 0.8% | -25.0% |
| 2021 | 1.6% | +108.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.1% | 0.1% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.5% | 0.3% | 0.6% | 10 |
| 2000s | 1.3% | 1.0% | 1.6% | 10 |
| 2010s | 1.1% | 0.7% | 1.5% | 10 |
| 2020s | 1.2% | 0.8% | 1.6% | 2 |
Countries ranked near IDA blend
- 6 Iran, Islamic Republic of 8.8% compare
- 7 Azerbaijan 8.6% compare
- 8 Algeria 8.0% compare
- 9 Turkmenistan 7.6% compare
- 10 Equatorial Guinea 6.6% compare
- 11 Russian Federation 5.9% compare
- 12 Bahrain 5.7% compare
More energy & mining data for IDA blend
- Fuel imports 29.6% (2024)
- Ores and metals imports 2.1% (2024)
- Ores and metals exports 3.7% (2024)
- Fuel exports 44.9% (2024)
- Electric power transmission and distribution losses 25.8% (2024)
- Mineral rents 1.1% (2021)
- Total natural resources rents 7.2% (2021)
- Alternative and nuclear energy 17.4% (2024)
- Electric power consumption 424.62 kWh per capita (2023)
- Combustible renewables and waste 62.0% (2024)
Frequently asked questions
- What is natural gas rents in IDA blend?
- Natural gas rents in IDA blend was 1.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in IDA blend?
- The highest recorded value was 1.6% in 2021.
- What is the lowest natural gas rents recorded in IDA blend?
- The lowest recorded value was 0.0% in 1982.
- How does IDA blend rank for natural gas rents?
- IDA blend ranks 9th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in IDA blend?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is volatile.
- Where does this IDA blend 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.