Total natural resources rents in Somalia
Somalia: Total natural resources rents was 11.2% in 2021. ▲ Rising
Total natural resources rents in Somalia, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Somalia recorded 11.2% for total natural resources rents in 2021.
The figure is down 1.9% on the previous year and down 36.9% over ten years.
Over the whole period, total natural resources rents in Somalia peaked at 19.5% in 2016 and was at its lowest, 3.6%, in 1972.
Somalia ranks 46th of 214 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Total natural resources rents in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 4.7% | — |
| 1971 | 4.0% | -15.1% |
| 1972 | 3.6% | -10.2% |
| 1973 | 5.2% | +45.7% |
| 1974 | 6.7% | +27.5% |
| 1975 | 5.9% | -11.8% |
| 1976 | 4.8% | -18.9% |
| 1977 | 14.3% | +199.6% |
| 1978 | 13.2% | -7.3% |
| 1979 | 12.2% | -8.0% |
| 1980 | 15.3% | +26.2% |
| 1981 | 12.0% | -21.7% |
| 1982 | 16.0% | +32.9% |
| 1983 | 11.4% | -28.9% |
| 1984 | 9.8% | -13.3% |
| 1985 | 6.3% | -35.6% |
| 1986 | 9.8% | +54.6% |
| 1987 | 8.7% | -11.1% |
| 1988 | 9.5% | +9.0% |
| 1989 | 9.2% | -2.8% |
| 1990 | 13.5% | +46.2% |
| 2013 | 17.8% | +32.1% |
| 2014 | 18.3% | +2.7% |
| 2015 | 18.9% | +3.2% |
| 2016 | 19.5% | +3.5% |
| 2017 | 18.7% | -4.3% |
| 2018 | 11.7% | -37.2% |
| 2019 | 10.7% | -8.6% |
| 2020 | 11.5% | +6.8% |
| 2021 | 11.2% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.4% | 3.6% | 14.3% | 10 |
| 1980s | 10.8% | 6.3% | 16.0% | 10 |
| 1990s | 13.5% | 13.5% | 13.5% | 1 |
| 2010s | 16.5% | 10.7% | 19.5% | 7 |
| 2020s | 11.3% | 11.2% | 11.5% | 2 |
Countries ranked near Somalia
- 43 Venezuela, Bolivarian Republic of 11.8% compare
- 44 Kyrgyzstan 11.5% compare
- 45 Mauritania 11.4% compare
- 47 Guinea-Bissau 10.4% compare
- 48 Central African Republic 10.3% compare
- 49 Norway 10.0% compare
More energy & mining data for Somalia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 2.55 % 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 12.4% (1982)
Frequently asked questions
- What is total natural resources rents in Somalia?
- Total natural resources rents in Somalia was 11.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Somalia?
- The highest recorded value was 19.5% in 2016.
- What is the lowest total natural resources rents recorded in Somalia?
- The lowest recorded value was 3.6% in 1972.
- How does Somalia rank for total natural resources rents?
- Somalia ranks 46th out of 214 countries with data for 2021.
- Is total natural resources rents rising or falling in Somalia?
- Over the last ten years it is down 36.9%. The long-run trend across the full record is rising.
- Where does this Somalia 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 — 30 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.