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

Cabo Verde's Total natural resources rents (% of GDP) rose 52.4% from 2020 to 2021.

How does Cabo Verde rank globally on Total natural resources rents (% of GDP)?

In 2021, Cabo Verde ranked #28 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Cabo Verde'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 Cabo Verde is above the world average. Within Sub-Saharan Africa, it ranks #11 of 46.

Cabo Verde: Total natural resources rents (% of GDP)

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

In 2021, Cabo Verde's Total natural resources rents (% of GDP) was 17.66.

That's up 52.4% from 2020, the highest value since 2012.

The global average for this indicator in 2021 was 6.63 . Cabo Verde ranks #28 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #11 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: 49.21; 2008
Trough: 9.50; 2015
1-year change: +52.4%
5-year change: +73.2%; +11.6% / yr
10-year change: -56.0%; -7.9% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	17.6577
2020	11.5828
2019	13.1611
2018	14.3437
2017	12.3203
2016	10.1923
2015	9.4981
2014	12.0094
2013	16.5579
2012	25.0558

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 Cabo Verde's Total natural resources rents (% of GDP) in 2021?: In 2021, Cabo Verde's Total natural resources rents (% of GDP) was 17.66, according to World Bank Open Data.
Is Cabo Verde's Total natural resources rents (% of GDP) rising or falling?: Cabo Verde's Total natural resources rents (% of GDP) rose 52.4% from 2020 to 2021.
How does Cabo Verde rank globally on Total natural resources rents (% of GDP)?: In 2021, Cabo Verde ranked #28 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Cabo Verde'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 Cabo Verde is above the world average. Within Sub-Saharan Africa, it ranks #11 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.

Download this data: CSV JSON

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