Natural gas rents in Small states
Small states: Natural gas rents was 1.8% in 2021. ◆ Volatile
Natural gas rents in Small states, 1976–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Small states stood at 1.8%.
The figure is up 28.3% on the previous year and down 16.2% over ten years.
Over the whole period, natural gas rents in Small states peaked at 4.6% in 1976 and was at its lowest, 0.3%, in 1982.
Small states ranks 8th 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 Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 4.6% | — |
| 1977 | 3.9% | -15.9% |
| 1978 | 3.8% | -3.2% |
| 1980 | 2.5% | -33.6% |
| 1981 | 1.0% | -58.6% |
| 1982 | 0.3% | -68.3% |
| 1983 | 0.8% | +154.1% |
| 1984 | 1.1% | +34.7% |
| 1985 | 1.3% | +19.3% |
| 1986 | 1.7% | +29.8% |
| 1987 | 1.3% | -26.9% |
| 1988 | 1.0% | -21.4% |
| 1989 | 1.1% | +9.2% |
| 1990 | 1.3% | +21.6% |
| 1991 | 1.1% | -18.5% |
| 1992 | 1.0% | -4.9% |
| 1993 | 1.3% | +31.1% |
| 1994 | 1.5% | +9.0% |
| 1995 | 1.4% | -5.2% |
| 1996 | 1.4% | +3.1% |
| 1997 | 1.4% | -1.0% |
| 1998 | 0.9% | -38.6% |
| 1999 | 1.0% | +16.0% |
| 2000 | 1.4% | +37.0% |
| 2001 | 1.3% | -5.4% |
| 2002 | 1.1% | -18.6% |
| 2003 | 1.2% | +9.0% |
| 2004 | 1.1% | -3.1% |
| 2005 | 1.3% | +12.5% |
| 2006 | 1.4% | +9.7% |
| 2007 | 1.3% | -3.7% |
| 2008 | 1.4% | +1.2% |
| 2009 | 1.7% | +23.6% |
| 2010 | 1.3% | -21.5% |
| 2011 | 2.1% | +59.0% |
| 2012 | 2.1% | +1.0% |
| 2013 | 2.2% | +6.4% |
| 2014 | 2.0% | -9.0% |
| 2015 | 1.9% | -4.8% |
| 2016 | 1.1% | -45.0% |
| 2017 | 1.1% | +0.6% |
| 2018 | 1.8% | +66.5% |
| 2019 | 1.8% | +1.6% |
| 2020 | 1.4% | -25.0% |
| 2021 | 1.8% | +28.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | 3.8% | 4.6% | 3 |
| 1980s | 1.2% | 0.3% | 2.5% | 10 |
| 1990s | 1.2% | 0.9% | 1.5% | 10 |
| 2000s | 1.3% | 1.1% | 1.7% | 10 |
| 2010s | 1.8% | 1.1% | 2.2% | 10 |
| 2020s | 1.6% | 1.4% | 1.8% | 2 |
Countries ranked near Small states
- 5 Papua New Guinea 9.1% compare
- 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
More energy & mining data for Small states
- Fuel imports 18.1% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 5.1% (2024)
- Fuel exports 25.0% (2024)
- Electric power transmission and distribution losses 6.7% (2024)
- Mineral rents 0.3% (2021)
- Total natural resources rents 4.7% (2021)
- Alternative and nuclear energy 57.6% (2024)
- Combustible renewables and waste 8.1% (2023)
- Electricity production from oil sources 0.1% (2024)
Frequently asked questions
- What is natural gas rents in Small states?
- Natural gas rents in Small states was 1.8% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Small states?
- The highest recorded value was 4.6% in 1976.
- What is the lowest natural gas rents recorded in Small states?
- The lowest recorded value was 0.3% in 1982.
- How does Small states rank for natural gas rents?
- Small states ranks 8th out of 47 groups with data for 2021.
- Is natural gas rents rising or falling in Small states?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is volatile.
- Where does this Small states 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.