Barbados: Natural gas rents (% of GDP)
In , Barbados's Natural gas rents (% of GDP) was 0.01.
That's up 23.1% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.93 . Barbados ranks #82 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #11 of 35.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.02
- Trough
- 0.00
- 1-year change
- +23.1%
- 5-year change
- +99.4%
- +14.8% / yr
- 10-year change
- -61.7%
- -9.1% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.0072 | |
| 0.0059 | |
| 0.0082 | |
| 0.0073 | |
| 0.0041 | |
| 0.0036 | |
| 0.0101 | |
| 0.0206 | |
| 0.0237 | |
| 0.0205 |
About Natural gas rents (% of GDP)
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy
Frequently asked questions
- What was Barbados's Natural gas rents (% of GDP) in 2021?
- In 2021, Barbados's Natural gas rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Barbados's Natural gas rents (% of GDP) rising or falling?
- Barbados's Natural gas rents (% of GDP) rose 23.1% from 2020 to 2021.
- How does Barbados rank globally on Natural gas rents (% of GDP)?
- In 2021, Barbados ranked #82 out of 190 countries reporting Natural gas rents (% of GDP).
- How does Barbados's Natural gas rents (% of GDP) compare to the world average?
- The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Barbados is below the world average. Within Latin America & Caribbean, it ranks #11 of 35.
- What is Natural gas rents (% of GDP) and how is it measured?
- Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.