What was Argentina's Mineral rents (% of GDP) in 2021?

In 2021, Argentina's Mineral rents (% of GDP) was 0.58, according to World Bank Open Data.

Is Argentina's Mineral rents (% of GDP) rising or falling?

Argentina's Mineral rents (% of GDP) rose 125.4% from 2020 to 2021.

How does Argentina rank globally on Mineral rents (% of GDP)?

In 2021, Argentina ranked #53 out of 197 countries reporting Mineral rents (% of GDP).

How does Argentina's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Argentina is below the world average. Within Latin America & Caribbean, it ranks #12 of 36.

Argentina: Mineral rents (% of GDP)

Name: Argentina: Mineral rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Argentina's Mineral rents (% of GDP) was 0.58.

That's up 125.4% from 2020, the highest value on record.

The global average for this indicator in 2021 was 1.76 . Argentina ranks #53 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #12 of 36.

Source: World Bank Open Data (NY.GDP.MINR.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.58; 2021
Trough: 0.08; 2015
1-year change: +125.4%
5-year change: +298.7%; +31.9% / yr
10-year change: +12.4%; +1.2% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.5803
2020	0.2575
2019	0.1873
2018	0.1826
2017	0.1030
2016	0.1455
2015	0.0766
2014	0.2379
2013	0.2304
2012	0.4319

About Mineral rents (% of GDP)

Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Indicator code: NY.GDP.MINR.RT.ZS • Category: Economy

Frequently asked questions

What was Argentina's Mineral rents (% of GDP) in 2021?: In 2021, Argentina's Mineral rents (% of GDP) was 0.58, according to World Bank Open Data.
Is Argentina's Mineral rents (% of GDP) rising or falling?: Argentina's Mineral rents (% of GDP) rose 125.4% from 2020 to 2021.
How does Argentina rank globally on Mineral rents (% of GDP)?: In 2021, Argentina ranked #53 out of 197 countries reporting Mineral rents (% of GDP).
How does Argentina's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Argentina is below the world average. Within Latin America & Caribbean, it ranks #12 of 36.
What is Mineral rents (% of GDP) and how is it measured?: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

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Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.