Natural gas rents in Least developed countries
Least developed countries: Natural gas rents was 0.6% in 2021. ◆ Volatile
Natural gas rents in Least developed countries, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Least developed countries stood at 0.6%. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 36.3% on the previous year and up 23.9% over ten years.
Over the whole period, natural gas rents in Least developed countries peaked at 0.6% in 2021 and was at its lowest, 0.0%, in 1982.
That places Least developed countries 20th out of 47 groups with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Least developed countries, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.0% | — |
| 1981 | 0.0% | -71.6% |
| 1982 | 0.0% | -64.5% |
| 1983 | 0.0% | +522.2% |
| 1984 | 0.0% | -20.4% |
| 1985 | 0.0% | +45.7% |
| 1986 | 0.1% | +125.7% |
| 1987 | 0.1% | -3.1% |
| 1988 | 0.0% | -29.0% |
| 1989 | 0.1% | +54.3% |
| 1990 | 0.1% | +22.0% |
| 1991 | 0.1% | -22.9% |
| 1992 | 0.1% | +44.8% |
| 1993 | 0.1% | +22.2% |
| 1994 | 0.2% | +46.8% |
| 1995 | 0.2% | -5.6% |
| 1996 | 0.1% | -3.6% |
| 1997 | 0.1% | -15.7% |
| 1998 | 0.2% | +20.7% |
| 1999 | 0.2% | +24.4% |
| 2000 | 0.3% | +72.1% |
| 2001 | 0.4% | +27.0% |
| 2002 | 0.4% | +6.4% |
| 2003 | 0.5% | +24.7% |
| 2004 | 0.5% | -2.2% |
| 2005 | 0.6% | +5.0% |
| 2006 | 0.5% | -4.7% |
| 2007 | 0.4% | -24.5% |
| 2008 | 0.4% | -10.9% |
| 2009 | 0.4% | +1.7% |
| 2010 | 0.4% | +18.0% |
| 2011 | 0.5% | +10.7% |
| 2012 | 0.4% | -6.6% |
| 2013 | 0.4% | -5.6% |
| 2014 | 0.4% | +3.5% |
| 2015 | 0.5% | +11.2% |
| 2016 | 0.4% | -16.2% |
| 2017 | 0.4% | +8.0% |
| 2018 | 0.5% | +21.5% |
| 2019 | 0.5% | +0.1% |
| 2020 | 0.4% | -18.6% |
| 2021 | 0.6% | +36.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.1% | 0.1% | 0.2% | 10 |
| 2000s | 0.5% | 0.3% | 0.6% | 10 |
| 2010s | 0.5% | 0.4% | 0.5% | 10 |
| 2020s | 0.5% | 0.4% | 0.6% | 2 |
Countries ranked near Least developed countries
- 17 Norway 3.9% compare
- 18 Mozambique 3.6% compare
- 19 Malaysia 3.3% compare
- 20 Syrian Arab Republic 2.3% compare
- 21 Egypt 2.0% compare
- 22 Kazakhstan 2.0% compare
- 23 United Arab Emirates 2.0% compare
More energy & mining data for Least developed countries
- Fuel imports 17.9% (2019)
- Ores and metals imports 1.6% (2019)
- Ores and metals exports 15.1% (2023)
- Fuel exports 37.4% (2023)
- Electric power transmission and distribution losses 11.5% (2023)
- Mineral rents 3.1% (2021)
- Total natural resources rents 8.5% (2021)
- Alternative and nuclear energy 4.1% (2023)
- Electric power consumption 287.82 kWh per capita (2023)
- Combustible renewables and waste 64.9% (2023)
Frequently asked questions
- What is natural gas rents in Least developed countries?
- Natural gas rents in Least developed countries was 0.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Least developed countries?
- The highest recorded value was 0.6% in 2021.
- What is the lowest natural gas rents recorded in Least developed countries?
- The lowest recorded value was 0.0% in 1982.
- How does Least developed countries rank for natural gas rents?
- Least developed countries ranks 20th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Least developed countries?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is volatile.
- Where does this Least developed 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 — 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.