Cuba: Natural gas rents (% of GDP)
In , Cuba's Natural gas rents (% of GDP) was 0.02.
That's down 50.9% from 2019, the highest value since .
The global average for this indicator in 2020 was 0.93 .
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.11
- Trough
- 0.02
- 1-year change
- -50.9%
- 5-year change
- -54.1%
- -14.4% / yr
- 10-year change
- -56.9%
- -8.1% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.0244 | |
| 0.0497 | |
| 0.0494 | |
| 0.0232 | |
| 0.0208 | |
| 0.0533 | |
| 0.1096 | |
| 0.1128 | |
| 0.1057 | |
| 0.1044 |
About Natural gas rents (% of GDP)
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy
Frequently asked questions
- What was Cuba's Natural gas rents (% of GDP) in 2020?
- In 2020, Cuba's Natural gas rents (% of GDP) was 0.02, according to World Bank Open Data.
- Is Cuba's Natural gas rents (% of GDP) rising or falling?
- Cuba's Natural gas rents (% of GDP) fell 50.9% from 2019 to 2020.
- How does Cuba's Natural gas rents (% of GDP) compare to the world average?
- The global average for Natural gas rents (% of GDP) in 2020 was 0.93, so Cuba is below the world average.
- What is Natural gas rents (% of GDP) and how is it measured?
- Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.