What was Georgia's Total natural resources rents (% of GDP) in 2021?

In 2021, Georgia's Total natural resources rents (% of GDP) was 1.39, according to World Bank Open Data.

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

Georgia's Total natural resources rents (% of GDP) rose 50.1% from 2020 to 2021.

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

In 2021, Georgia ranked #104 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Georgia'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 Georgia is below the world average. Within Europe & Central Asia, it ranks #14 of 51.

Georgia: Total natural resources rents (% of GDP)

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

In 2021, Georgia's Total natural resources rents (% of GDP) was 1.39.

That's up 50.1% from 2020, the highest value since 2011.

The global average for this indicator in 2021 was 6.63 . Georgia ranks #104 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #14 of 51.

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

Trend (2002–2021)

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

Highlights

Peak: 1.90; 2011
Trough: 0.45; 2018
1-year change: +50.1%
5-year change: +142.7%; +19.4% / yr
10-year change: -26.8%; -3.1% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	1.3895
2020	0.9255
2019	0.6036
2018	0.4512
2017	0.4723
2016	0.5724
2015	0.5341
2014	0.5221
2013	0.7971
2012	1.0843

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 Georgia's Total natural resources rents (% of GDP) in 2021?: In 2021, Georgia's Total natural resources rents (% of GDP) was 1.39, according to World Bank Open Data.
Is Georgia's Total natural resources rents (% of GDP) rising or falling?: Georgia's Total natural resources rents (% of GDP) rose 50.1% from 2020 to 2021.
How does Georgia rank globally on Total natural resources rents (% of GDP)?: In 2021, Georgia ranked #104 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Georgia'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 Georgia is below the world average. Within Europe & Central Asia, it ranks #14 of 51.
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.