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

In 2021, Ghana's Mineral rents (% of GDP) was 5.17, according to World Bank Open Data.

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

Ghana's Mineral rents (% of GDP) rose 130.8% from 2020 to 2021.

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

In 2021, Ghana ranked #22 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Ghana is above the world average. Within Sub-Saharan Africa, it ranks #8 of 46.

Ghana: Mineral rents (% of GDP)

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

In 2021, Ghana's Mineral rents (% of GDP) was 5.17.

That's up 130.8% from 2020, the highest value since 2011.

The global average for this indicator in 2021 was 1.76 . Ghana ranks #22 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #8 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: 5.49; 2011
Trough: 0.95; 2004
1-year change: +130.8%
5-year change: +321.9%; +33.4% / yr
10-year change: -5.9%; -0.6% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	5.1651
2020	2.2378
2019	2.0514
2018	1.7222
2017	1.7844
2016	1.2242
2015	2.3582
2014	3.1623
2013	2.9531
2012	4.8184

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 Ghana's Mineral rents (% of GDP) in 2021?: In 2021, Ghana's Mineral rents (% of GDP) was 5.17, according to World Bank Open Data.
Is Ghana's Mineral rents (% of GDP) rising or falling?: Ghana's Mineral rents (% of GDP) rose 130.8% from 2020 to 2021.
How does Ghana rank globally on Mineral rents (% of GDP)?: In 2021, Ghana ranked #22 out of 197 countries reporting Mineral rents (% of GDP).
How does Ghana's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Ghana is above the world average. Within Sub-Saharan Africa, it ranks #8 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.

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