Australia: Coal rents (% of GDP)
In , Australia's Coal rents (% of GDP) was 0.79.
That's up 44.3% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.21 . Australia ranks #8 globally out of 188 reporting countries. Within East Asia & Pacific, it ranks #3 of 29.
Source: World Bank Open Data (NY.GDP.COAL.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 2.96
- Trough
- 0.23
- 1-year change
- +44.3%
- 5-year change
- +32.1%
- +5.7% / yr
- 10-year change
- -66.6%
- -10.4% / yr
Historical Data — Last 10 Years
| Year | Coal rents (% of GDP) |
|---|---|
| 0.7865 | |
| 0.5449 | |
| 0.6920 | |
| 0.7966 | |
| 0.7781 | |
| 0.5953 | |
| 0.4674 | |
| 0.7529 | |
| 0.8127 | |
| 1.1918 |
About Coal rents (% of GDP)
Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.
Indicator code: NY.GDP.COAL.RT.ZS • Category: Economy
Frequently asked questions
- What was Australia's Coal rents (% of GDP) in 2021?
- In 2021, Australia's Coal rents (% of GDP) was 0.79, according to World Bank Open Data.
- Is Australia's Coal rents (% of GDP) rising or falling?
- Australia's Coal rents (% of GDP) rose 44.3% from 2020 to 2021.
- How does Australia rank globally on Coal rents (% of GDP)?
- In 2021, Australia ranked #8 out of 188 countries reporting Coal rents (% of GDP).
- How does Australia's Coal rents (% of GDP) compare to the world average?
- The global average for Coal rents (% of GDP) in 2021 was 0.21, so Australia is above the world average. Within East Asia & Pacific, it ranks #3 of 29.
- What is Coal rents (% of GDP) and how is it measured?
- Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.
Source: World Bank Open Data (NY.GDP.COAL.RT.ZS), CC BY 4.0.