Is Dominican Republic's Total natural resources rents (% of GDP) rising or falling?

Dominican Republic's Total natural resources rents (% of GDP) rose 67.6% from 2020 to 2021.

How does Dominican Republic rank globally on Total natural resources rents (% of GDP)?

In 2021, Dominican Republic ranked #90 out of 197 countries reporting Total natural resources rents (% of GDP).

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

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Dominican Republic is below the world average. Within Latin America & Caribbean, it ranks #14 of 36.

Dominican Republic: Total natural resources rents (% of GDP)

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

In 2021, Dominican Republic's Total natural resources rents (% of GDP) was 2.08.

That's up 67.6% from 2020, the highest value since 2007.

The global average for this indicator in 2021 was 6.63 . Dominican Republic ranks #90 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #14 of 36.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 2.53; 2007
Trough: 0.03; 2002
1-year change: +67.6%
5-year change: +62.0%; +10.1% / yr
10-year change: +510.5%; +19.8% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	2.0771
2020	1.2393
2019	1.0554
2018	0.8689
2017	1.0353
2016	1.2819
2015	0.5353
2014	1.0375
2013	1.0297
2012	0.4468

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 Dominican Republic's Total natural resources rents (% of GDP) in 2021?: In 2021, Dominican Republic's Total natural resources rents (% of GDP) was 2.08, according to World Bank Open Data.
Is Dominican Republic's Total natural resources rents (% of GDP) rising or falling?: Dominican Republic's Total natural resources rents (% of GDP) rose 67.6% from 2020 to 2021.
How does Dominican Republic rank globally on Total natural resources rents (% of GDP)?: In 2021, Dominican Republic ranked #90 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Dominican Republic's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Dominican Republic is below the world average. Within Latin America & Caribbean, it ranks #14 of 36.
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.

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