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

In 2021, Dominican Republic's Mineral rents (% of GDP) was 2.04, according to World Bank Open Data.

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

Dominican Republic's Mineral rents (% of GDP) rose 71.1% from 2020 to 2021.

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

In 2021, Dominican Republic ranked #36 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #8 of 36.

Dominican Republic: Mineral rents (% of GDP)

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

In 2021, Dominican Republic's Mineral rents (% of GDP) was 2.04.

That's up 71.1% from 2020, the highest value since 2007.

The global average for this indicator in 2021 was 1.76 . Dominican Republic ranks #36 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #8 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: 2.50; 2007
Trough: 0.01; 2002
1-year change: +71.1%
5-year change: +67.5%; +10.9% / yr
10-year change: +592.3%; +21.3% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	2.0448
2020	1.1954
2019	1.0218
2018	0.8323
2017	0.9841
2016	1.2211
2015	0.4878
2014	0.9734
2013	0.9744
2012	0.4047

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 Dominican Republic's Mineral rents (% of GDP) in 2021?: In 2021, Dominican Republic's Mineral rents (% of GDP) was 2.04, according to World Bank Open Data.
Is Dominican Republic's Mineral rents (% of GDP) rising or falling?: Dominican Republic's Mineral rents (% of GDP) rose 71.1% from 2020 to 2021.
How does Dominican Republic rank globally on Mineral rents (% of GDP)?: In 2021, Dominican Republic ranked #36 out of 197 countries reporting Mineral rents (% of GDP).
How does Dominican Republic's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #8 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.