What was Canada's Mineral rents (% of GDP) in 2021?

In 2021, Canada's Mineral rents (% of GDP) was 1.18, according to World Bank Open Data.

Is Canada's Mineral rents (% of GDP) rising or falling?

Canada's Mineral rents (% of GDP) rose 407.2% from 2020 to 2021.

How does Canada rank globally on Mineral rents (% of GDP)?

In 2021, Canada ranked #43 out of 197 countries reporting Mineral rents (% of GDP).

How does Canada's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Canada is below the world average. Within North America, it ranks #1 of 3.

Canada: Mineral rents (% of GDP)

Name: Canada: Mineral rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Canada's Mineral rents (% of GDP) was 1.18.

That's up 407.2% from 2020, the highest value on record.

The global average for this indicator in 2021 was 1.76 . Canada ranks #43 globally out of 197 reporting countries. Within North America, it ranks #1 of 3.

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: 1.18; 2021
Trough: 0.13; 2018
1-year change: +407.2%
5-year change: +637.5%; +49.1% / yr
10-year change: +113.4%; +7.9% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	1.1843
2020	0.2335
2019	0.1889
2018	0.1253
2017	0.2047
2016	0.1606
2015	0.1537
2014	0.2525
2013	0.2802
2012	0.3382

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 Canada's Mineral rents (% of GDP) in 2021?: In 2021, Canada's Mineral rents (% of GDP) was 1.18, according to World Bank Open Data.
Is Canada's Mineral rents (% of GDP) rising or falling?: Canada's Mineral rents (% of GDP) rose 407.2% from 2020 to 2021.
How does Canada rank globally on Mineral rents (% of GDP)?: In 2021, Canada ranked #43 out of 197 countries reporting Mineral rents (% of GDP).
How does Canada's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Canada is below the world average. Within North America, it ranks #1 of 3.
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.

Download this data: CSV JSON

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