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)
- 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.ZS • Category: 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.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.