Total natural resources rents (% of GDP) in Pacific island small states
Pacific island small states: Total natural resources rents (% of GDP) was 4.1% in 2021. ▲ Rising
Total natural resources rents in Pacific island small states, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Pacific island small states recorded 4.1% for total natural resources rents in 2021.
The figure is up 4.9% on the previous year and up 6.3% over ten years.
Over the whole period, total natural resources rents in Pacific island small states peaked at 4.1% in 2012 and was at its lowest, 0.3%, in 1970.
That places Pacific island small states 30th out of 47 groups with data for 2021, putting it 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 Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 1.1% | +238.9% |
| 1972 | 1.3% | +14.5% |
| 1973 | 2.0% | +58.5% |
| 1974 | 1.7% | -16.7% |
| 1975 | 1.6% | -6.7% |
| 1976 | 1.2% | -23.7% |
| 1977 | 1.4% | +18.1% |
| 1978 | 1.1% | -19.4% |
| 1979 | 1.7% | +48.1% |
| 1980 | 2.1% | +28.4% |
| 1981 | 1.6% | -25.6% |
| 1982 | 2.3% | +46.4% |
| 1983 | 2.2% | -4.1% |
| 1984 | 1.7% | -25.9% |
| 1985 | 1.9% | +12.8% |
| 1986 | 2.2% | +15.4% |
| 1987 | 2.7% | +24.1% |
| 1988 | 2.5% | -6.5% |
| 1989 | 2.6% | +1.9% |
| 1990 | 2.3% | -8.6% |
| 1991 | 1.5% | -34.9% |
| 1992 | 1.9% | +21.8% |
| 1993 | 2.1% | +11.2% |
| 1994 | 2.0% | -2.5% |
| 1995 | 2.2% | +7.2% |
| 1996 | 2.2% | +3.0% |
| 1997 | 1.6% | -29.4% |
| 1998 | 1.7% | +10.6% |
| 1999 | 1.5% | -16.3% |
| 2000 | 1.3% | -12.0% |
| 2001 | 1.3% | +3.0% |
| 2002 | 1.3% | +0.2% |
| 2003 | 1.6% | +23.9% |
| 2004 | 1.3% | -20.7% |
| 2005 | 1.5% | +17.2% |
| 2006 | 1.8% | +16.8% |
| 2007 | 2.4% | +32.2% |
| 2008 | 2.8% | +18.1% |
| 2009 | 2.4% | -12.0% |
| 2010 | 3.3% | +35.5% |
| 2011 | 3.8% | +15.6% |
| 2012 | 4.1% | +7.3% |
| 2013 | 3.4% | -16.9% |
| 2014 | 3.7% | +8.0% |
| 2015 | 3.0% | -18.2% |
| 2016 | 2.7% | -11.0% |
| 2017 | 4.0% | +50.0% |
| 2018 | 4.0% | -0.6% |
| 2019 | 3.5% | -11.6% |
| 2020 | 3.9% | +9.7% |
| 2021 | 4.1% | +4.9% |
Biggest year-on-year movements
Years where Total natural resources rents (% of GDP) in Pacific island 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 |
|---|---|---|---|
| 1971 | +238.9% | 0.3% | 1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.3% | 2.0% | 10 |
| 1980s | 2.2% | 1.6% | 2.7% | 10 |
| 1990s | 1.9% | 1.5% | 2.3% | 10 |
| 2000s | 1.8% | 1.3% | 2.8% | 10 |
| 2010s | 3.6% | 2.7% | 4.1% | 10 |
| 2020s | 4.0% | 3.9% | 4.1% | 2 |
Countries ranked near Pacific island small states
- 27 Gabon 18.5% compare
- 28 Mali 18.4% compare
- 29 Solomon Islands 18.4% compare
- 30 Cape Verde 17.7% compare
- 31 United Arab Emirates 17.6% compare
- 32 Chile 16.9% compare
- 33 New Caledonia 16.8% compare
More energy & mining data for Pacific island small states
- Fuel imports 16.2% (2021)
- Ores and metals imports 0.8% (2021)
- Fuel exports 1.3% (2017)
- Ores and metals exports 2.0% (2018)
- Mineral rents 0.5% (2021)
- Natural gas rents 0.0% (2021)
- Electricity production from oil sources 57.4% (2021)
- Electricity production from hydroelectric sources 32.4% (2021)
- Electricity production from oil, gas and coal sources 57.4% (2021)
- Electricity production from natural gas sources 0.0% (2021)
Frequently asked questions
- What is total natural resources rents in Pacific island small states?
- Total natural resources rents in Pacific island small states was 4.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Pacific island small states?
- The highest recorded value was 4.1% in 2012.
- What is the lowest total natural resources rents recorded in Pacific island small states?
- The lowest recorded value was 0.3% in 1970.
- How does Pacific island small states rank for total natural resources rents?
- Pacific island small states ranks 30th out of 47 groups with data for 2021.
- Is total natural resources rents rising or falling in Pacific island small states?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this Pacific island 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.