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Ghana: Natural gas rents (% of GDP)

In , Ghana's Natural gas rents (% of GDP) was 0.37.

That's up 87.5% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Ghana ranks #39 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #6 of 45.

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

Trend (2002–2021)

Ghana Natural gas rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
0.37
Trough
0.00
1-year change
+87.5%
5-year change
+722.9%
+52.4% / yr
10-year change
+2,320,900.0%
+173.3% / yr

Historical Data — Last 10 Years

Year Natural gas rents (% of GDP)
0.3714
0.1980
0.1651
0.1132
0.0717
0.0451
0.0842
0.0000
0.0000
0.0000

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.ZSCategory: Economy

Frequently asked questions

What was Ghana's Natural gas rents (% of GDP) in 2021?
In 2021, Ghana's Natural gas rents (% of GDP) was 0.37, according to World Bank Open Data.
Is Ghana's Natural gas rents (% of GDP) rising or falling?
Ghana's Natural gas rents (% of GDP) rose 87.5% from 2020 to 2021.
How does Ghana rank globally on Natural gas rents (% of GDP)?
In 2021, Ghana ranked #39 out of 190 countries reporting Natural gas rents (% of GDP).
How does Ghana'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 Ghana is below the world average. Within Sub-Saharan Africa, it ranks #6 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.
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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.