What was Ecuador's Total natural resources rents (% of GDP) in 2021?

In 2021, Ecuador's Total natural resources rents (% of GDP) was 6.70, according to World Bank Open Data.

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

Ecuador's Total natural resources rents (% of GDP) rose 129.1% from 2020 to 2021.

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

In 2021, Ecuador ranked #59 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Ecuador'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 Ecuador is above the world average. Within Latin America & Caribbean, it ranks #8 of 36.

Ecuador: Total natural resources rents (% of GDP)

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

In 2021, Ecuador's Total natural resources rents (% of GDP) was 6.70.

That's up 129.1% from 2020, the highest value since 2018.

The global average for this indicator in 2021 was 6.63 . Ecuador ranks #59 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #8 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: 18.96; 2008
Trough: 2.92; 2020
1-year change: +129.1%
5-year change: +78.3%; +12.3% / yr
10-year change: -59.6%; -8.7% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	6.6994
2020	2.9243
2019	5.8207
2018	7.0964
2017	4.9837
2016	3.7581
2015	4.6320
2014	11.5904
2013	12.8813
2012	14.5265

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 Ecuador's Total natural resources rents (% of GDP) in 2021?: In 2021, Ecuador's Total natural resources rents (% of GDP) was 6.70, according to World Bank Open Data.
Is Ecuador's Total natural resources rents (% of GDP) rising or falling?: Ecuador's Total natural resources rents (% of GDP) rose 129.1% from 2020 to 2021.
How does Ecuador rank globally on Total natural resources rents (% of GDP)?: In 2021, Ecuador ranked #59 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Ecuador'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 Ecuador is above the world average. Within Latin America & Caribbean, it ranks #8 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.

Download this data: CSV JSON

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