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Belize: Natural gas rents (% of GDP)

In , Belize's Natural gas rents (% of GDP) was 0.00.

That's up 35.3% from 2020, the highest value since .

The global average for this indicator in 2021 was 0.93 . Belize ranks #88 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #12 of 35.

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

Trend (2002–2021)

Belize Natural gas rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
0.02
Trough
0.00
1-year change
+35.3%
5-year change
+6.0%
+1.2% / yr
10-year change
-91.9%
-22.2% / yr

Historical Data — Last 10 Years

Year Natural gas rents (% of GDP)
0.0017
0.0012
0.0025
0.0031
0.0016
0.0016
0.0037
0.0073
0.0059
0.0154

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.ZSCategory: Economy

Frequently asked questions

What was Belize's Natural gas rents (% of GDP) in 2021?
In 2021, Belize's Natural gas rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Belize's Natural gas rents (% of GDP) rising or falling?
Belize's Natural gas rents (% of GDP) rose 35.3% from 2020 to 2021.
How does Belize rank globally on Natural gas rents (% of GDP)?
In 2021, Belize ranked #88 out of 190 countries reporting Natural gas rents (% of GDP).
How does Belize'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 Belize is below the world average. Within Latin America & Caribbean, it ranks #12 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.
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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.