Burkina Faso: Mineral rents (% of GDP)
In , Burkina Faso's Mineral rents (% of GDP) was 15.45.
That's up 254.6% from 2020, the highest value on record.
The global average for this indicator in 2021 was 1.76 . Burkina Faso ranks #7 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #4 of 46.
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
- 15.45
- Trough
- 0.00
- 1-year change
- +254.6%
- 5-year change
- +322.8%
- +33.4% / yr
- 10-year change
- +118.8%
- +8.1% / yr
Historical Data — Last 10 Years
| Year | Mineral rents (% of GDP) |
|---|---|
| 15.4526 | |
| 4.3573 | |
| 3.4382 | |
| 3.6525 | |
| 4.1803 | |
| 3.6545 | |
| 2.4362 | |
| 2.7813 | |
| 3.6189 | |
| 5.1023 |
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 Burkina Faso's Mineral rents (% of GDP) in 2021?
- In 2021, Burkina Faso's Mineral rents (% of GDP) was 15.45, according to World Bank Open Data.
- Is Burkina Faso's Mineral rents (% of GDP) rising or falling?
- Burkina Faso's Mineral rents (% of GDP) rose 254.6% from 2020 to 2021.
- How does Burkina Faso rank globally on Mineral rents (% of GDP)?
- In 2021, Burkina Faso ranked #7 out of 197 countries reporting Mineral rents (% of GDP).
- How does Burkina Faso's Mineral rents (% of GDP) compare to the world average?
- The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Burkina Faso is above the world average. Within Sub-Saharan Africa, it ranks #4 of 46.
- 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.
Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.