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Cuba: Adjusted savings: mineral depletion (% of GNI)

In , Cuba's Adjusted savings: mineral depletion (% of GNI) was 0.07.

That's down 15.8% from 2018, the highest value since .

The global average for this indicator in 2019 was 1.18 .

Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS) • Data as of 2019

Trend (2002–2019)

Cuba Adjusted savings: mineral depletion (% of GNI) trend 2008: Global financial crisis 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse

Highlights

Peak
2.15
Trough
0.01
1-year change
-15.8%
5-year change
+51.4%
+8.7% / yr
10-year change
-62.5%
-9.3% / yr

Historical Data — Last 10 Years

Year Adjusted savings: mineral depletion (% of GNI)
0.0722
0.0857
0.0197
0.0058
0.0289
0.0477
0.0140
0.1019
0.2921
0.3765

About Adjusted savings: mineral depletion (% of GNI)

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Indicator code: NY.ADJ.DMIN.GN.ZSCategory: Economy

Frequently asked questions

What was Cuba's Adjusted savings: mineral depletion (% of GNI) in 2019?
In 2019, Cuba's Adjusted savings: mineral depletion (% of GNI) was 0.07, according to World Bank Open Data.
Is Cuba's Adjusted savings: mineral depletion (% of GNI) rising or falling?
Cuba's Adjusted savings: mineral depletion (% of GNI) fell 15.8% from 2018 to 2019.
How does Cuba's Adjusted savings: mineral depletion (% of GNI) compare to the world average?
The global average for Adjusted savings: mineral depletion (% of GNI) in 2019 was 1.18, so Cuba is below the world average.
What is Adjusted savings: mineral depletion (% of GNI) and how is it measured?
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
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Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS), CC BY 4.0.