Natural gas rents in Latin America & Caribbean
Latin America & Caribbean: Natural gas rents was 0.1% in 2021. ◆ Volatile
Natural gas rents in Latin America & Caribbean, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Latin America & Caribbean stood at 0.1%.
The figure is up 38.8% on the previous year and down 41.1% over ten years.
Over the whole period, natural gas rents in Latin America & Caribbean peaked at 0.3% in 2013 and was at its lowest, 0.0%, in 1977.
Latin America & Caribbean ranks 39th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +29.4% |
| 1972 | 0.0% | +4.8% |
| 1973 | 0.0% | -17.9% |
| 1974 | 0.0% | +494.9% |
| 1975 | 0.1% | +78.3% |
| 1976 | 0.1% | -8.9% |
| 1977 | 0.0% | -92.7% |
| 1978 | 0.0% | +141.4% |
| 1979 | 0.1% | +519.2% |
| 1980 | 0.2% | +119.0% |
| 1981 | 0.1% | -43.2% |
| 1982 | 0.0% | -75.1% |
| 1983 | 0.1% | +534.2% |
| 1984 | 0.2% | +25.2% |
| 1985 | 0.2% | -7.0% |
| 1986 | 0.1% | -20.6% |
| 1987 | 0.1% | -30.2% |
| 1988 | 0.1% | -16.8% |
| 1989 | 0.1% | +16.1% |
| 1990 | 0.1% | +15.8% |
| 1991 | 0.1% | -22.2% |
| 1992 | 0.1% | -17.8% |
| 1993 | 0.1% | +13.1% |
| 1994 | 0.1% | -22.5% |
| 1995 | 0.0% | -15.6% |
| 1996 | 0.1% | +4.9% |
| 1997 | 0.0% | -3.9% |
| 1998 | 0.0% | -18.6% |
| 1999 | 0.1% | +71.9% |
| 2000 | 0.1% | +75.5% |
| 2001 | 0.1% | +1.7% |
| 2002 | 0.1% | -6.7% |
| 2003 | 0.1% | -17.8% |
| 2004 | 0.1% | -8.2% |
| 2005 | 0.1% | +62.2% |
| 2006 | 0.2% | +29.5% |
| 2007 | 0.2% | +6.1% |
| 2008 | 0.2% | -3.4% |
| 2009 | 0.2% | +19.9% |
| 2010 | 0.1% | -42.7% |
| 2011 | 0.2% | +99.0% |
| 2012 | 0.3% | +6.6% |
| 2013 | 0.3% | +6.8% |
| 2014 | 0.2% | -12.5% |
| 2015 | 0.1% | -44.2% |
| 2016 | 0.1% | -57.5% |
| 2017 | 0.1% | +19.2% |
| 2018 | 0.2% | +138.3% |
| 2019 | 0.2% | +7.9% |
| 2020 | 0.1% | -41.4% |
| 2021 | 0.1% | +38.8% |
Biggest year-on-year movements
Years where Natural gas rents in Latin America & Caribbean 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 |
|---|---|---|---|
| 1983 | +534.2% | 0.0% | 0.1% |
| 1979 | +519.2% | 0.0% | 0.1% |
| 1974 | +494.9% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.1% | 0.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.3% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Latin America & Caribbean
More energy & mining data for Latin America & Caribbean
- Fuel imports 10.9% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 10.4% (2024)
- Fuel exports 9.8% (2024)
- Electric power transmission and distribution losses 13.6% (2024)
- Mineral rents 3.6% (2021)
- Total natural resources rents 6.1% (2021)
- Alternative and nuclear energy 12.8% (2024)
- Electric power consumption 2,804 kWh per capita (2024)
- Combustible renewables and waste 28.3% (2024)
Frequently asked questions
- What is natural gas rents in Latin America & Caribbean?
- Natural gas rents in Latin America & Caribbean was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Latin America & Caribbean?
- The highest recorded value was 0.3% in 2013.
- What is the lowest natural gas rents recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0% in 1977.
- How does Latin America & Caribbean rank for natural gas rents?
- Latin America & Caribbean ranks 39th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 41.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.