Total natural resources rents in Eritrea
Eritrea: Total natural resources rents was 27.0% in 2011. ◆ Volatile
Total natural resources rents in Eritrea, 1992–2011
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Eritrea is 27.0%, measured in 2011. That is the highest value across all 20 years on record.
The figure is up 968.9% on the previous year and up 497.1% over ten years.
Over the whole period, total natural resources rents in Eritrea peaked at 27.0% in 2011 and was at its lowest, 0.0%, in 1992.
That places Eritrea 16th out of 212 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total natural resources rents in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 0.0% | — |
| 1993 | 5.4% | — |
| 1994 | 6.1% | +12.9% |
| 1995 | 8.9% | +45.7% |
| 1996 | 7.7% | -13.0% |
| 1997 | 7.7% | +0.1% |
| 1998 | 7.6% | -0.9% |
| 1999 | 4.9% | -35.6% |
| 2000 | 4.9% | -0.1% |
| 2001 | 4.5% | -8.3% |
| 2002 | 3.1% | -31.4% |
| 2003 | 4.5% | +46.2% |
| 2004 | 3.3% | -28.1% |
| 2005 | 3.3% | +0.5% |
| 2006 | 2.8% | -13.9% |
| 2007 | 4.0% | +40.6% |
| 2008 | 4.3% | +8.1% |
| 2009 | 2.4% | -43.9% |
| 2010 | 2.5% | +5.0% |
| 2011 | 27.0% | +968.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.0% | 0.0% | 8.9% | 8 |
| 2000s | 3.7% | 2.4% | 4.9% | 10 |
| 2010s | 14.7% | 2.5% | 27.0% | 2 |
Countries ranked near Eritrea
- 13 Oman 29.2% compare
- 14 Papua New Guinea 27.4% compare
- 15 Qatar 27.3% compare
- 17 Kazakhstan 26.8% compare
- 18 Saudi Arabia 25.6% compare
- 19 Brunei Darussalam 24.3% compare
More energy & mining data for Eritrea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2011)
- Primary energy use, annual growth rate 3.82 % 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 (2011)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2011)
- 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 (2011)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Gas production 0 terawatt-hours (2024)
Frequently asked questions
- What is total natural resources rents in Eritrea?
- Total natural resources rents in Eritrea was 27.0% in 2011, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Eritrea?
- The highest recorded value was 27.0% in 2011.
- What is the lowest total natural resources rents recorded in Eritrea?
- The lowest recorded value was 0.0% in 1992.
- How does Eritrea rank for total natural resources rents?
- Eritrea ranks 16th out of 212 countries with data for 2011.
- Is total natural resources rents rising or falling in Eritrea?
- Over the last ten years it is up 497.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea 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 — 20 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.