Total natural resources rents (% of GDP) in Caribbean Small States
Caribbean Small States: Total natural resources rents (% of GDP) was 7.9% in 2021. ▲ Rising
Total natural resources rents in Caribbean Small States, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Caribbean Small States is 7.9%, measured in 2021.
That represents a change of up 96.3% on the previous year and down 40.7% over ten years.
Over the whole period, total natural resources rents in Caribbean Small States peaked at 20.7% in 1980 and was at its lowest, 2.7%, in 1998.
Caribbean Small States ranks 15th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Total natural resources rents (% of GDP) in Caribbean Small States, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 5.6% | — |
| 1971 | 5.2% | -6.3% |
| 1972 | 4.8% | -8.1% |
| 1973 | 4.3% | -10.7% |
| 1974 | 5.5% | +28.7% |
| 1975 | 4.0% | -26.7% |
| 1976 | 4.0% | -1.4% |
| 1977 | 4.2% | +6.0% |
| 1978 | 3.8% | -9.2% |
| 1979 | 3.1% | -18.4% |
| 1980 | 20.7% | +561.3% |
| 1981 | 17.6% | -15.2% |
| 1982 | 8.3% | -52.8% |
| 1983 | 9.3% | +12.3% |
| 1984 | 10.0% | +7.1% |
| 1985 | 9.9% | -0.7% |
| 1986 | 5.9% | -40.9% |
| 1987 | 7.0% | +19.0% |
| 1988 | 5.4% | -23.0% |
| 1989 | 7.6% | +41.5% |
| 1990 | 9.2% | +21.2% |
| 1991 | 5.8% | -36.4% |
| 1992 | 5.5% | -5.4% |
| 1993 | 5.8% | +5.0% |
| 1994 | 5.7% | -2.6% |
| 1995 | 6.0% | +6.5% |
| 1996 | 6.6% | +9.6% |
| 1997 | 5.0% | -24.5% |
| 1998 | 2.7% | -45.7% |
| 1999 | 3.9% | +45.2% |
| 2000 | 5.4% | +38.0% |
| 2001 | 4.1% | -23.7% |
| 2002 | 4.5% | +9.9% |
| 2003 | 4.7% | +2.8% |
| 2004 | 5.2% | +11.4% |
| 2005 | 7.9% | +52.2% |
| 2006 | 9.0% | +14.1% |
| 2007 | 8.5% | -5.7% |
| 2008 | 9.1% | +7.2% |
| 2009 | 8.2% | -10.0% |
| 2010 | 8.6% | +4.8% |
| 2011 | 13.3% | +54.3% |
| 2012 | 12.3% | -7.6% |
| 2013 | 11.5% | -6.4% |
| 2014 | 9.1% | -21.3% |
| 2015 | 4.3% | -52.7% |
| 2016 | 3.8% | -10.8% |
| 2017 | 4.6% | +19.6% |
| 2018 | 5.5% | +20.3% |
| 2019 | 5.2% | -6.1% |
| 2020 | 4.0% | -22.2% |
| 2021 | 7.9% | +96.3% |
Biggest year-on-year movements
Years where Total natural resources rents (% of GDP) in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +561.3% | 3.1% | 20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 3.1% | 5.6% | 10 |
| 1980s | 10.2% | 5.4% | 20.7% | 10 |
| 1990s | 5.6% | 2.7% | 9.2% | 10 |
| 2000s | 6.7% | 4.1% | 9.1% | 10 |
| 2010s | 7.8% | 3.8% | 13.3% | 10 |
| 2020s | 6.0% | 4.0% | 7.9% | 2 |
Countries ranked near Caribbean Small States
- 12 Kuwait 29.3% compare
- 13 Oman 29.2% compare
- 14 Papua New Guinea 27.4% compare
- 15 Qatar 27.3% compare
- 16 Eritrea 27.0% compare
- 17 Kazakhstan 26.8% compare
- 18 Saudi Arabia 25.6% compare
More energy & mining data for Caribbean Small States
- Fuel imports 6.0% (2025)
- Ores and metals imports 4.4% (2025)
- Fuel exports 31.2% (2025)
- Ores and metals exports 0.9% (2025)
- Electric power transmission and distribution losses 5.5% (2023)
- Alternative and nuclear energy 0.6% (2024)
- Combustible renewables and waste 0.2% (2024)
- Mineral rents 1.2% (2021)
- Natural gas rents 2.0% (2021)
- Electricity production from oil sources 9.6% (2024)
Frequently asked questions
- What is total natural resources rents in Caribbean Small States?
- Total natural resources rents in Caribbean Small States was 7.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Caribbean Small States?
- The highest recorded value was 20.7% in 1980.
- What is the lowest total natural resources rents recorded in Caribbean Small States?
- The lowest recorded value was 2.7% in 1998.
- How does Caribbean Small States rank for total natural resources rents?
- Caribbean Small States ranks 15th out of 47 groups with data for 2021.
- Is total natural resources rents rising or falling in Caribbean Small States?
- Over the last ten years it is down 40.7%. The long-run trend across the full record is rising.
- Where does this Caribbean Small States 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.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.