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

Equatorial Guinea's Total natural resources rents (% of GDP) rose 40.9% from 2020 to 2021.

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

In 2021, Equatorial Guinea ranked #18 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Equatorial Guinea'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 Equatorial Guinea is above the world average. Within Sub-Saharan Africa, it ranks #5 of 46.

Equatorial Guinea: Total natural resources rents (% of GDP)

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

In 2021, Equatorial Guinea's Total natural resources rents (% of GDP) was 23.50.

That's up 40.9% from 2020, the highest value since 2019.

The global average for this indicator in 2021 was 6.63 . Equatorial Guinea ranks #18 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #5 of 46.

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

Trend (2005–2021)

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

Highlights

Peak: 56.29; 2005
Trough: 16.46; 2016
1-year change: +40.9%
5-year change: +42.8%; +7.4% / yr
10-year change: -37.6%; -4.6% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	23.5001
2020	16.6816
2019	25.4373
2018	27.8024
2017	21.9589
2016	16.4600
2015	17.5005
2014	27.1072
2013	33.3475
2012	39.0028

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 Equatorial Guinea's Total natural resources rents (% of GDP) in 2021?: In 2021, Equatorial Guinea's Total natural resources rents (% of GDP) was 23.50, according to World Bank Open Data.
Is Equatorial Guinea's Total natural resources rents (% of GDP) rising or falling?: Equatorial Guinea's Total natural resources rents (% of GDP) rose 40.9% from 2020 to 2021.
How does Equatorial Guinea rank globally on Total natural resources rents (% of GDP)?: In 2021, Equatorial Guinea ranked #18 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Equatorial Guinea'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 Equatorial Guinea is above the world average. Within Sub-Saharan Africa, it ranks #5 of 46.
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.