Gabon: Natural gas rents (% of GDP)
In , Gabon's Natural gas rents (% of GDP) was 0.27.
That's up 27.7% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.93 . Gabon ranks #46 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #9 of 45.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.29
- Trough
- 0.03
- 1-year change
- +27.7%
- 5-year change
- +48.9%
- +8.3% / yr
- 10-year change
- +28.4%
- +2.5% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.2685 | |
| 0.2103 | |
| 0.2418 | |
| 0.2492 | |
| 0.1833 | |
| 0.1804 | |
| 0.2597 | |
| 0.2868 | |
| 0.2121 | |
| 0.2359 |
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 Gabon's Natural gas rents (% of GDP) in 2021?
- In 2021, Gabon's Natural gas rents (% of GDP) was 0.27, according to World Bank Open Data.
- Is Gabon's Natural gas rents (% of GDP) rising or falling?
- Gabon's Natural gas rents (% of GDP) rose 27.7% from 2020 to 2021.
- How does Gabon rank globally on Natural gas rents (% of GDP)?
- In 2021, Gabon ranked #46 out of 190 countries reporting Natural gas rents (% of GDP).
- How does Gabon'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 Gabon is below the world average. Within Sub-Saharan Africa, it ranks #9 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.