Natural gas rents in Low & middle income
Low & middle income: Natural gas rents was 0.5% in 2021. ◆ Volatile
Natural gas rents in Low & middle income, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for natural gas rents in Low & middle income is 0.5%, measured in 2021.
That represents a change of up 56.7% on the previous year and up 22.5% over ten years.
Over the whole period, natural gas rents in Low & middle income peaked at 0.5% in 2001 and was at its lowest, 0.0%, in 1972.
Low & middle income ranks 24th of 47 groups on this measure, 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 Low & middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +0.7% |
| 1972 | 0.0% | -7.9% |
| 1973 | 0.0% | +8.9% |
| 1974 | 0.1% | +58.0% |
| 1975 | 0.1% | +98.1% |
| 1976 | 0.1% | +3.7% |
| 1977 | 0.1% | -11.0% |
| 1978 | 0.1% | +25.7% |
| 1979 | 0.2% | +61.8% |
| 1980 | 0.2% | -8.0% |
| 1981 | 0.1% | -43.5% |
| 1982 | 0.0% | -64.8% |
| 1983 | 0.2% | +319.5% |
| 1984 | 0.2% | +15.2% |
| 1985 | 0.2% | +3.9% |
| 1986 | 0.2% | +17.3% |
| 1987 | 0.2% | +10.3% |
| 1988 | 0.2% | -10.2% |
| 1989 | 0.2% | +8.5% |
| 1990 | 0.3% | +24.5% |
| 1991 | 0.2% | -16.7% |
| 1992 | 0.2% | -12.9% |
| 1993 | 0.3% | +28.0% |
| 1994 | 0.3% | -2.3% |
| 1995 | 0.3% | +2.9% |
| 1996 | 0.3% | +8.3% |
| 1997 | 0.3% | +4.0% |
| 1998 | 0.2% | -23.5% |
| 1999 | 0.3% | +18.3% |
| 2000 | 0.5% | +58.5% |
| 2001 | 0.5% | +14.6% |
| 2002 | 0.5% | -9.3% |
| 2003 | 0.5% | +3.8% |
| 2004 | 0.5% | -4.1% |
| 2005 | 0.5% | +3.8% |
| 2006 | 0.5% | +3.4% |
| 2007 | 0.4% | -15.7% |
| 2008 | 0.4% | +6.4% |
| 2009 | 0.4% | -7.0% |
| 2010 | 0.4% | -14.6% |
| 2011 | 0.4% | +18.0% |
| 2012 | 0.4% | -1.1% |
| 2013 | 0.4% | -6.1% |
| 2014 | 0.4% | -1.6% |
| 2015 | 0.3% | -11.0% |
| 2016 | 0.2% | -27.3% |
| 2017 | 0.3% | +8.5% |
| 2018 | 0.4% | +53.0% |
| 2019 | 0.4% | -3.5% |
| 2020 | 0.3% | -17.5% |
| 2021 | 0.5% | +56.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.2% | 10 |
| 1980s | 0.2% | 0.0% | 0.2% | 10 |
| 1990s | 0.3% | 0.2% | 0.3% | 10 |
| 2000s | 0.5% | 0.4% | 0.5% | 10 |
| 2010s | 0.4% | 0.2% | 0.4% | 10 |
| 2020s | 0.4% | 0.3% | 0.5% | 2 |
Countries ranked near Low & middle income
- 21 Egypt 2.0% compare
- 22 Kazakhstan 2.0% compare
- 23 United Arab Emirates 2.0% compare
- 24 Bolivia, Plurinational State of 1.9% compare
- 25 Australia 1.7% compare
- 26 Saudi Arabia 1.7% compare
- 27 Kuwait 1.7% compare
More energy & mining data for Low & middle income
- Fuel imports 18.2% (2024)
- Ores and metals imports 8.2% (2024)
- Ores and metals exports 4.2% (2024)
- Fuel exports 8.3% (2024)
- Electric power transmission and distribution losses 13.1% (2024)
- Mineral rents 1.2% (2021)
- Total natural resources rents 4.1% (2021)
- Alternative and nuclear energy 13.4% (2024)
- Electric power consumption 2,450 kWh per capita (2023)
- Combustible renewables and waste 30.1% (2024)
Frequently asked questions
- What is natural gas rents in Low & middle income?
- Natural gas rents in Low & middle income was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Low & middle income?
- The highest recorded value was 0.5% in 2001.
- What is the lowest natural gas rents recorded in Low & middle income?
- The lowest recorded value was 0.0% in 1972.
- How does Low & middle income rank for natural gas rents?
- Low & middle income ranks 24th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Low & middle income?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is volatile.
- Where does this Low & middle income 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.