Total natural resources rents in Jamaica
Jamaica: Total natural resources rents was 0.5% in 2021. ◆ Volatile
Total natural resources rents in Jamaica, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Jamaica recorded 0.5% for total natural resources rents in 2021.
That represents a change of up 41.9% on the previous year and down 79.7% over ten years.
Over the whole period, total natural resources rents in Jamaica peaked at 12.1% in 1974 and was at its lowest, 0.3%, in 2020.
That places Jamaica 137th out of 214 countries with data for 2021, putting it 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 Jamaica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 7.9% | — |
| 1971 | 7.4% | -6.4% |
| 1972 | 6.1% | -17.6% |
| 1973 | 6.3% | +2.6% |
| 1974 | 12.1% | +93.0% |
| 1975 | 7.0% | -41.9% |
| 1976 | 7.1% | +1.4% |
| 1977 | 8.8% | +24.2% |
| 1978 | 11.2% | +26.5% |
| 1979 | 11.3% | +1.5% |
| 1980 | 11.0% | -3.0% |
| 1981 | 10.9% | -0.9% |
| 1982 | 8.5% | -21.8% |
| 1983 | 6.5% | -24.1% |
| 1984 | 11.0% | +70.7% |
| 1985 | 8.6% | -21.9% |
| 1986 | 6.6% | -23.4% |
| 1987 | 5.0% | -24.9% |
| 1988 | 4.2% | -16.2% |
| 1989 | 5.7% | +36.6% |
| 1990 | 6.3% | +11.4% |
| 1991 | 8.0% | +26.5% |
| 1992 | 8.7% | +8.0% |
| 1993 | 4.3% | -50.8% |
| 1994 | 4.4% | +3.4% |
| 1995 | 2.5% | -43.8% |
| 1996 | 2.8% | +12.9% |
| 1997 | 2.1% | -23.8% |
| 1998 | 1.8% | -13.3% |
| 1999 | 1.5% | -21.0% |
| 2000 | 1.5% | +2.2% |
| 2001 | 1.5% | +2.0% |
| 2002 | 1.2% | -19.3% |
| 2003 | 1.2% | +1.6% |
| 2004 | 1.9% | +51.3% |
| 2005 | 2.2% | +18.6% |
| 2006 | 3.3% | +49.6% |
| 2007 | 3.5% | +4.6% |
| 2008 | 3.0% | -13.8% |
| 2009 | 1.9% | -35.8% |
| 2010 | 1.7% | -13.9% |
| 2011 | 2.3% | +35.2% |
| 2012 | 1.8% | -18.8% |
| 2013 | 1.8% | -2.7% |
| 2014 | 1.8% | +0.1% |
| 2015 | 1.3% | -29.0% |
| 2016 | 1.3% | +1.8% |
| 2017 | 1.5% | +18.6% |
| 2018 | 1.7% | +13.2% |
| 2019 | 0.4% | -78.9% |
| 2020 | 0.3% | -11.5% |
| 2021 | 0.5% | +41.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.5% | 6.1% | 12.1% | 10 |
| 1980s | 7.8% | 4.2% | 11.0% | 10 |
| 1990s | 4.2% | 1.5% | 8.7% | 10 |
| 2000s | 2.1% | 1.2% | 3.5% | 10 |
| 2010s | 1.5% | 0.4% | 2.3% | 10 |
| 2020s | 0.4% | 0.3% | 0.5% | 2 |
Countries ranked near Jamaica
More energy & mining data for Jamaica
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -3.47 % 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 26.9% (2023)
Frequently asked questions
- What is total natural resources rents in Jamaica?
- Total natural resources rents in Jamaica was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Jamaica?
- The highest recorded value was 12.1% in 1974.
- What is the lowest total natural resources rents recorded in Jamaica?
- The lowest recorded value was 0.3% in 2020.
- How does Jamaica rank for total natural resources rents?
- Jamaica ranks 137th out of 214 countries with data for 2021.
- Is total natural resources rents rising or falling in Jamaica?
- Over the last ten years it is down 79.7%. The long-run trend across the full record is volatile.
- Where does this Jamaica 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.