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

In 2021, Chile's Mineral rents (% of GDP) was 16.23, according to World Bank Open Data.

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

Chile's Mineral rents (% of GDP) rose 252.6% from 2020 to 2021.

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

In 2021, Chile ranked #5 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Chile is above the world average. Within Latin America & Caribbean, it ranks #1 of 36.

Chile: Mineral rents (% of GDP)

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

In 2021, Chile's Mineral rents (% of GDP) was 16.23.

That's up 252.6% from 2020, the highest value since 2007.

The global average for this indicator in 2021 was 1.76 . Chile ranks #5 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #1 of 36.

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: 16.87; 2006
Trough: 1.75; 2019
1-year change: +252.6%
5-year change: +568.0%; +46.2% / yr
10-year change: +40.8%; +3.5% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	16.2274
2020	4.6024
2019	1.7532
2018	4.9916
2017	4.4060
2016	2.4292
2015	3.2877
2014	6.1597
2013	7.0003
2012	8.4578

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 Chile's Mineral rents (% of GDP) in 2021?: In 2021, Chile's Mineral rents (% of GDP) was 16.23, according to World Bank Open Data.
Is Chile's Mineral rents (% of GDP) rising or falling?: Chile's Mineral rents (% of GDP) rose 252.6% from 2020 to 2021.
How does Chile rank globally on Mineral rents (% of GDP)?: In 2021, Chile ranked #5 out of 197 countries reporting Mineral rents (% of GDP).
How does Chile's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Chile is above the world average. Within Latin America & Caribbean, it ranks #1 of 36.
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.

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