Oil rents as a share of gdp in Mongolia
Mongolia: Oil rents as a share of gdp was 1.5 in 2021. ◆ Volatile
Latest (2021)
1.5
Change on year
up 163.7%
World rank
44th
of 199 countries
All-time high
3.64
in 2014
All-time low
0
in 1981
Years of data
41
1981–2021
Oil rents as a share of gdp in Mongolia, 1981–2021
Source: Our World in Data.
Analysis
In 2021, oil rents as a share of gdp in Mongolia stood at 1.5.
Compared with earlier readings it is up 163.7% on the previous year and down 22.1% over ten years.
Over the whole period, oil rents as a share of gdp in Mongolia peaked at 3.64 in 2014 and was at its lowest, 0, in 1981.
That places Mongolia 44th out of 199 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents as a share of gdp in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0 | — |
| 1996 | 0 | — |
| 1997 | 0 | — |
| 1998 | 0.0181 | — |
| 1999 | 0.0699 | +287.3% |
| 2000 | 0.1194 | +70.8% |
| 2001 | 0.0851 | -28.7% |
| 2002 | 0.1489 | +75.0% |
| 2003 | 0.1968 | +32.1% |
| 2004 | 0.2712 | +37.8% |
| 2005 | 0.3052 | +12.5% |
| 2006 | 0.499 | +63.5% |
| 2007 | 0.9183 | +84.0% |
| 2008 | 1.37 | +48.9% |
| 2009 | 1.35 | -1.5% |
| 2010 | 1.52 | +12.6% |
| 2011 | 1.92 | +26.6% |
| 2012 | 2.13 | +10.9% |
| 2013 | 2.73 | +28.1% |
| 2014 | 3.64 | +33.3% |
| 2015 | 1.72 | -52.8% |
| 2016 | 1.45 | -15.7% |
| 2017 | 1.75 | +20.9% |
| 2018 | 2.23 | +27.2% |
| 2019 | 1.44 | -35.1% |
| 2020 | 0.5678 | -60.7% |
| 2021 | 1.5 | +163.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 9 |
| 1990s | 0.0088 | 0 | 0.0699 | 10 |
| 2000s | 0.5259 | 0.0851 | 1.37 | 10 |
| 2010s | 2.05 | 1.44 | 3.64 | 10 |
| 2020s | 1.03 | 0.5678 | 1.5 | 2 |
Countries ranked near Mongolia
More energy & mining data for Mongolia
- Fuel imports 22.9% (2023)
- Ores and metals imports 0.3% (2023)
- Ores and metals exports 26.3% (2023)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil rents as a share of gdp in Mongolia?
- Oil rents as a share of gdp in Mongolia was 1.5 in 2021, according to Our World in Data.
- What is the highest oil rents as a share of gdp recorded in Mongolia?
- The highest recorded value was 3.64 in 2014.
- What is the lowest oil rents as a share of gdp recorded in Mongolia?
- The lowest recorded value was 0 in 1981.
- How does Mongolia rank for oil rents as a share of gdp?
- Mongolia ranks 44th out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Mongolia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Our World in Data, published as part of Oil rents as a share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (Our World in Data).