Cuba: Total natural resources rents (% of GDP)
In , Cuba's Total natural resources rents (% of GDP) was 0.57.
That's down 38.6% from 2019, the highest value since .
The global average for this indicator in 2020 was 6.63 .
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 6.72
- Trough
- 0.47
- 1-year change
- -38.6%
- 5-year change
- -18.5%
- -4.0% / yr
- 10-year change
- -79.0%
- -14.4% / yr
Historical Data — Last 10 Years
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 0.5654 | |
| 0.9208 | |
| 1.1019 | |
| 0.6637 | |
| 0.4691 | |
| 0.6938 | |
| 1.6673 | |
| 1.7119 | |
| 2.1875 | |
| 2.9269 |
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 Cuba's Total natural resources rents (% of GDP) in 2020?
- In 2020, Cuba's Total natural resources rents (% of GDP) was 0.57, according to World Bank Open Data.
- Is Cuba's Total natural resources rents (% of GDP) rising or falling?
- Cuba's Total natural resources rents (% of GDP) fell 38.6% from 2019 to 2020.
- How does Cuba's Total natural resources rents (% of GDP) compare to the world average?
- The global average for Total natural resources rents (% of GDP) in 2020 was 6.63, so Cuba is below the world average.
- 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.
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.