Total natural resources rents in Barbados
Barbados: Total natural resources rents was 0.3% in 2021. ◆ Volatile
Total natural resources rents in Barbados, 1974–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, total natural resources rents in Barbados stood at 0.3%.
Compared with earlier readings it is up 137.4% on the previous year and down 31.3% over ten years.
Over the whole period, total natural resources rents in Barbados peaked at 0.9% in 1979 and was at its lowest, 0.1%, in 2016.
Barbados ranks 145th of 212 countries 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.
Total natural resources rents in Barbados, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.4% | — |
| 1975 | 0.3% | -4.6% |
| 1976 | 0.4% | +18.7% |
| 1977 | 0.3% | -12.7% |
| 1978 | 0.4% | +12.4% |
| 1979 | 0.9% | +126.1% |
| 1980 | 0.8% | -10.2% |
| 1981 | 0.4% | -46.0% |
| 1982 | 0.3% | -30.5% |
| 1983 | 0.5% | +82.6% |
| 1984 | 0.8% | +48.5% |
| 1985 | 0.8% | -2.6% |
| 1986 | 0.3% | -67.1% |
| 1987 | 0.3% | +28.5% |
| 1988 | 0.2% | -38.9% |
| 1989 | 0.3% | +30.9% |
| 1990 | 0.4% | +58.5% |
| 1991 | 0.2% | -45.2% |
| 1992 | 0.3% | +19.5% |
| 1993 | 0.2% | -9.4% |
| 1994 | 0.2% | -10.2% |
| 1995 | 0.3% | +15.6% |
| 1996 | 0.2% | -10.8% |
| 1997 | 0.2% | -23.4% |
| 1998 | 0.1% | -18.3% |
| 1999 | 0.3% | +89.0% |
| 2000 | 0.4% | +39.6% |
| 2001 | 0.2% | -35.3% |
| 2002 | 0.2% | -1.1% |
| 2003 | 0.2% | -7.8% |
| 2004 | 0.2% | +6.6% |
| 2005 | 0.4% | +49.1% |
| 2006 | 0.4% | +11.5% |
| 2007 | 0.4% | -10.7% |
| 2008 | 0.4% | +12.9% |
| 2009 | 0.2% | -45.7% |
| 2010 | 0.3% | +36.5% |
| 2011 | 0.5% | +61.0% |
| 2012 | 0.5% | -4.9% |
| 2013 | 0.4% | -15.7% |
| 2014 | 0.3% | -14.6% |
| 2015 | 0.1% | -60.6% |
| 2016 | 0.1% | -25.2% |
| 2017 | 0.1% | +36.8% |
| 2018 | 0.2% | +61.8% |
| 2019 | 0.2% | +7.7% |
| 2020 | 0.1% | -40.0% |
| 2021 | 0.3% | +137.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.3% | 0.9% | 6 |
| 1980s | 0.5% | 0.2% | 0.8% | 10 |
| 1990s | 0.2% | 0.1% | 0.4% | 10 |
| 2000s | 0.3% | 0.2% | 0.4% | 10 |
| 2010s | 0.3% | 0.1% | 0.5% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near Barbados
More energy & mining data for Barbados
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 1.22 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 22.7% (2024)
Frequently asked questions
- What is total natural resources rents in Barbados?
- Total natural resources rents in Barbados was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Barbados?
- The highest recorded value was 0.9% in 1979.
- What is the lowest total natural resources rents recorded in Barbados?
- The lowest recorded value was 0.1% in 2016.
- How does Barbados rank for total natural resources rents?
- Barbados ranks 145th out of 212 countries with data for 2021.
- Is total natural resources rents rising or falling in Barbados?
- Over the last ten years it is down 31.3%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Total natural resources rents (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.