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Equatorial Guinea: Natural gas rents (% of GDP)

In , Equatorial Guinea's Natural gas rents (% of GDP) was 6.63.

That's up 78.5% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Equatorial Guinea ranks #9 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #1 of 45.

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

Trend (2005–2021)

Equatorial Guinea Natural gas rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
6.63
Trough
0.34
1-year change
+78.5%
5-year change
+99.2%
+14.8% / yr
10-year change
+94.9%
+6.9% / yr

Historical Data — Last 10 Years

Year Natural gas rents (% of GDP)
6.6302
3.7138
4.6746
5.4307
3.9257
3.3292
3.9676
3.7172
3.8936
3.5965

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.ZSCategory: Economy

Frequently asked questions

What was Equatorial Guinea's Natural gas rents (% of GDP) in 2021?
In 2021, Equatorial Guinea's Natural gas rents (% of GDP) was 6.63, according to World Bank Open Data.
Is Equatorial Guinea's Natural gas rents (% of GDP) rising or falling?
Equatorial Guinea's Natural gas rents (% of GDP) rose 78.5% from 2020 to 2021.
How does Equatorial Guinea rank globally on Natural gas rents (% of GDP)?
In 2021, Equatorial Guinea ranked #9 out of 190 countries reporting Natural gas rents (% of GDP).
How does Equatorial Guinea'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 Equatorial Guinea is above the world average. Within Sub-Saharan Africa, it ranks #1 of 45.
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.
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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.