Is Burkina Faso's Total natural resources rents (% of GDP) rising or falling?

Burkina Faso's Total natural resources rents (% of GDP) rose 119.4% from 2020 to 2021.

How does Burkina Faso rank globally on Total natural resources rents (% of GDP)?

In 2021, Burkina Faso ranked #23 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Burkina Faso's Total natural resources rents (% of GDP) compare to the world average?

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Burkina Faso is above the world average. Within Sub-Saharan Africa, it ranks #8 of 46.

Burkina Faso: Total natural resources rents (% of GDP)

Name: Burkina Faso: Total natural resources rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Burkina Faso's Total natural resources rents (% of GDP) was 20.14.

That's up 119.4% from 2020, the highest value on record.

The global average for this indicator in 2021 was 6.63 . Burkina Faso ranks #23 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #8 of 46.

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

Trend (2002–2021)

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

Highlights

Peak: 20.14; 2021
Trough: 5.44; 2004
1-year change: +119.4%
5-year change: +59.6%; +9.8% / yr
10-year change: +47.7%; +4.0% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	20.1354
2020	9.1778
2019	8.3280
2018	8.8762
2017	12.3099
2016	12.6155
2015	11.6329
2014	10.3109
2013	10.7523
2012	12.4016

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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

Frequently asked questions

What was Burkina Faso's Total natural resources rents (% of GDP) in 2021?: In 2021, Burkina Faso's Total natural resources rents (% of GDP) was 20.14, according to World Bank Open Data.
Is Burkina Faso's Total natural resources rents (% of GDP) rising or falling?: Burkina Faso's Total natural resources rents (% of GDP) rose 119.4% from 2020 to 2021.
How does Burkina Faso rank globally on Total natural resources rents (% of GDP)?: In 2021, Burkina Faso ranked #23 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Burkina Faso's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Burkina Faso is above the world average. Within Sub-Saharan Africa, it ranks #8 of 46.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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