Ecuador: Natural gas rents (% of GDP)
In , Ecuador's Natural gas rents (% of GDP) was 0.01.
That's up 56.8% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.93 . Ecuador ranks #73 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #9 of 35.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.05
- Trough
- 0.01
- 1-year change
- +56.8%
- 5-year change
- +52.3%
- +8.8% / yr
- 10-year change
- -37.9%
- -4.7% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.0136 | |
| 0.0087 | |
| 0.0175 | |
| 0.0183 | |
| 0.0100 | |
| 0.0089 | |
| 0.0190 | |
| 0.0427 | |
| 0.0450 | |
| 0.0448 |
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 Ecuador's Natural gas rents (% of GDP) in 2021?
- In 2021, Ecuador's Natural gas rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Ecuador's Natural gas rents (% of GDP) rising or falling?
- Ecuador's Natural gas rents (% of GDP) rose 56.8% from 2020 to 2021.
- How does Ecuador rank globally on Natural gas rents (% of GDP)?
- In 2021, Ecuador ranked #73 out of 190 countries reporting Natural gas rents (% of GDP).
- How does Ecuador's Natural gas rents (% of GDP) compare to the world average?
- The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Ecuador is below the world average. Within Latin America & Caribbean, it ranks #9 of 35.
- 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.