Total natural resources rents (% of GDP) in Iceland
Iceland: Total natural resources rents (% of GDP) was 0.0% in 2021. ◆ Volatile
Latest (2021)
0.0%
Change on year
down 1.7%
World rank
190th
of 214 countries
All-time high
0.0%
in 2011
All-time low
0.0%
in 1970
Years of data
52
1970–2021
Total natural resources rents in Iceland, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Iceland recorded 0.0% for total natural resources rents in 2021.
That represents a change of down 1.7% on the previous year and down 72.0% over ten years.
Over the whole period, total natural resources rents in Iceland peaked at 0.0% in 2011 and was at its lowest, 0.0%, in 1970.
Iceland ranks 190th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total natural resources rents (% of GDP) in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.0% | — |
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | -5.8% |
| 2013 | 0.0% | +1.9% |
| 2014 | 0.0% | -5.2% |
| 2015 | 0.0% | -13.7% |
| 2016 | 0.0% | -15.8% |
| 2017 | 0.0% | -13.8% |
| 2018 | 0.0% | -9.6% |
| 2019 | 0.0% | -44.6% |
| 2020 | 0.0% | -0.0% |
| 2021 | 0.0% | -1.7% |
Iceland compared with similar countries
- Iceland's 0.0% is below the median for high income countries, which is 0.1%, 0% of the median. (82 countries reporting)
- Iceland's 0.0% is below the median for Europe & Central Asia, which is 0.4%, 0% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Iceland
- 187 Hong Kong 0.0% compare
- 188 Macao 0.0% compare
- 189 Singapore 0.0% compare
- 191 American Samoa 0.0%
- 191 Andorra 0.0%
- 191 Antigua and Barbuda 0.0%
- 191 Bermuda 0.0%
- 191 Cayman Islands 0.0%
- 191 Curacao 0.0%
- 191 Faroe Islands 0.0%
- 191 Greenland 0.0% compare
- 191 Grenada 0.0%
- 191 Guam 0.0%
- 191 Isle of Man 0.0%
- 191 Malta 0.0% compare
- 191 Marshall Islands 0.0%
- 191 Monaco 0.0%
- 191 Nauru 0.0%
- 191 Northern Mariana Islands 0.0%
- 191 Palau 0.0%
- 191 Puerto Rico 0.0%
- 191 San Marino 0.0%
- 191 Sint Maarten (Dutch part) 0.0%
- 191 Saint Kitts and Nevis 0.0%
- 191 Tuvalu 0.0%
- 191 Palestine 0.0%
- 191 Channel Islands 0.0%
More energy & mining data for Iceland
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -4.9 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0002 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fuel imports 9.0% (2025)
Frequently asked questions
- What is total natural resources rents in Iceland?
- Total natural resources rents in Iceland was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Iceland?
- The highest recorded value was 0.0% in 2011.
- What is the lowest total natural resources rents recorded in Iceland?
- The lowest recorded value was 0.0% in 1970.
- How does Iceland rank for total natural resources rents?
- Iceland ranks 190th out of 214 countries with data for 2021.
- Is total natural resources rents rising or falling in Iceland?
- Over the last ten years it is down 72.0%. The long-run trend across the full record is volatile.
- Where does this Iceland 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.