Georgia: Natural gas rents (% of GDP)
In , Georgia's Natural gas rents (% of GDP) was 0.01.
That's up 4,043.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.93 . Georgia ranks #77 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #23 of 49.
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
- 0.02
- Trough
- 0.00
- 1-year change
- +4,043.4%
- 5-year change
- +2,149.3%
- +86.4% / yr
- 10-year change
- +118.0%
- +8.1% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.0094 | |
| 0.0002 | |
| 0.0004 | |
| 0.0006 | |
| 0.0005 | |
| 0.0004 | |
| 0.0010 | |
| 0.0012 | |
| 0.0039 | |
| 0.0047 |
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 Georgia's Natural gas rents (% of GDP) in 2021?
- In 2021, Georgia's Natural gas rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Georgia's Natural gas rents (% of GDP) rising or falling?
- Georgia's Natural gas rents (% of GDP) rose 4,043.4% from 2020 to 2021.
- How does Georgia rank globally on Natural gas rents (% of GDP)?
- In 2021, Georgia ranked #77 out of 190 countries reporting Natural gas rents (% of GDP).
- How does Georgia'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 Georgia is below the world average. Within Europe & Central Asia, it ranks #23 of 49.
- 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.