Total natural resources rents in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Total natural resources rents was 5.7% in 2021. ▬ Flat
Total natural resources rents in Latin America & Caribbean (excluding high income), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, total natural resources rents in Latin America & Caribbean (excluding high income) stood at 5.7%.
That represents a change of up 142.2% on the previous year and down 15.7% over ten years.
Over the whole period, total natural resources rents in Latin America & Caribbean (excluding high income) peaked at 8.8% in 1980 and was at its lowest, 1.6%, in 1998.
That places Latin America & Caribbean (excluding high income) 23rd out of 47 groups with data for 2021, putting it in the middle of the range.
Total natural resources rents in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 1.6% | — |
| 1971 | 1.6% | +0.7% |
| 1972 | 1.6% | +0.1% |
| 1973 | 2.2% | +32.3% |
| 1974 | 5.3% | +142.4% |
| 1975 | 4.4% | -17.1% |
| 1976 | 4.4% | +0.0% |
| 1977 | 3.7% | -14.3% |
| 1978 | 3.6% | -2.6% |
| 1979 | 7.9% | +117.3% |
| 1980 | 8.8% | +11.2% |
| 1981 | 6.7% | -23.6% |
| 1982 | 5.3% | -21.8% |
| 1983 | 7.2% | +37.6% |
| 1984 | 7.0% | -3.3% |
| 1985 | 6.5% | -6.5% |
| 1986 | 3.4% | -48.5% |
| 1987 | 4.7% | +40.4% |
| 1988 | 4.1% | -14.4% |
| 1989 | 5.1% | +25.8% |
| 1990 | 5.8% | +14.1% |
| 1991 | 3.4% | -41.3% |
| 1992 | 3.3% | -3.6% |
| 1993 | 2.7% | -18.8% |
| 1994 | 2.3% | -13.7% |
| 1995 | 2.6% | +14.3% |
| 1996 | 3.0% | +15.3% |
| 1997 | 2.6% | -14.8% |
| 1998 | 1.6% | -37.9% |
| 1999 | 2.6% | +64.5% |
| 2000 | 4.0% | +50.9% |
| 2001 | 3.2% | -19.7% |
| 2002 | 3.8% | +18.0% |
| 2003 | 4.1% | +8.0% |
| 2004 | 4.9% | +19.0% |
| 2005 | 6.3% | +28.8% |
| 2006 | 6.8% | +9.5% |
| 2007 | 6.5% | -5.4% |
| 2008 | 7.3% | +12.3% |
| 2009 | 4.0% | -45.5% |
| 2010 | 5.1% | +27.8% |
| 2011 | 6.7% | +33.1% |
| 2012 | 6.1% | -10.2% |
| 2013 | 5.3% | -13.0% |
| 2014 | 4.4% | -17.3% |
| 2015 | 2.3% | -47.9% |
| 2016 | 2.2% | -2.7% |
| 2017 | 2.6% | +16.8% |
| 2018 | 3.3% | +29.7% |
| 2019 | 2.7% | -18.5% |
| 2020 | 2.3% | -13.8% |
| 2021 | 5.7% | +142.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.6% | 1.6% | 7.9% | 10 |
| 1980s | 5.9% | 3.4% | 8.8% | 10 |
| 1990s | 3.0% | 1.6% | 5.8% | 10 |
| 2000s | 5.1% | 3.2% | 7.3% | 10 |
| 2010s | 4.1% | 2.2% | 6.7% | 10 |
| 2020s | 4.0% | 2.3% | 5.7% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 20 Equatorial Guinea 23.5% compare
- 21 Algeria 22.6% compare
- 22 Liberia 21.9% compare
- 23 Chad 21.3% compare
- 24 Uzbekistan 20.5% compare
- 25 Burkina Faso 20.1% compare
- 26 Russian Federation 18.5% compare
More energy & mining data for Latin America & Caribbean (excluding high income)
- Fuel imports 9.9% (2024)
- Ores and metals imports 2.4% (2024)
- Ores and metals exports 5.6% (2025)
- Fuel exports 7.4% (2025)
- Electric power transmission and distribution losses 14.2% (2024)
- Mineral rents 2.9% (2021)
- Natural gas rents 0.1% (2021)
- Alternative and nuclear energy 12.6% (2024)
- Electric power consumption 2,739 kWh per capita (2024)
- Combustible renewables and waste 28.3% (2024)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is total natural resources rents in Latin America & Caribbean (excluding high income)?
- Total natural resources rents in Latin America & Caribbean (excluding high income) was 5.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 8.8% in 1980.
- What is the lowest total natural resources rents recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 1.6% in 1998.
- How does Latin America & Caribbean (excluding high income) rank for total natural resources rents?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 47 groups with data for 2021.
- Is total natural resources rents rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is flat.
- Where does this Latin America & Caribbean (excluding high income) 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.