What was Ethiopia's Mineral rents (% of GDP) in 2021?

In 2021, Ethiopia's Mineral rents (% of GDP) was 0.26, according to World Bank Open Data.

Is Ethiopia's Mineral rents (% of GDP) rising or falling?

Ethiopia's Mineral rents (% of GDP) rose 212.7% from 2020 to 2021.

How does Ethiopia rank globally on Mineral rents (% of GDP)?

In 2021, Ethiopia ranked #60 out of 197 countries reporting Mineral rents (% of GDP).

How does Ethiopia's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Ethiopia is below the world average. Within Sub-Saharan Africa, it ranks #18 of 46.

Ethiopia: Mineral rents (% of GDP)

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

In 2021, Ethiopia's Mineral rents (% of GDP) was 0.26.

That's up 212.7% from 2020, the highest value since 2013.

The global average for this indicator in 2021 was 1.76 . Ethiopia ranks #60 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #18 of 46.

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

Trend (2002–2021)

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

Highlights

Peak: 0.70; 2011
Trough: 0.03; 2019
1-year change: +212.7%
5-year change: +122.4%; +17.3% / yr
10-year change: -62.4%; -9.3% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.2646
2020	0.0846
2019	0.0279
2018	0.0361
2017	0.1120
2016	0.1190
2015	0.1122
2014	0.2292
2013	0.3439
2012	0.5488

About Mineral rents (% of GDP)

Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Indicator code: NY.GDP.MINR.RT.ZS • Category: Economy

Frequently asked questions

What was Ethiopia's Mineral rents (% of GDP) in 2021?: In 2021, Ethiopia's Mineral rents (% of GDP) was 0.26, according to World Bank Open Data.
Is Ethiopia's Mineral rents (% of GDP) rising or falling?: Ethiopia's Mineral rents (% of GDP) rose 212.7% from 2020 to 2021.
How does Ethiopia rank globally on Mineral rents (% of GDP)?: In 2021, Ethiopia ranked #60 out of 197 countries reporting Mineral rents (% of GDP).
How does Ethiopia's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Ethiopia is below the world average. Within Sub-Saharan Africa, it ranks #18 of 46.
What is Mineral rents (% of GDP) and how is it measured?: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Download this data: CSV JSON

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