Greenland: Mineral rents (% of GDP)
In , Greenland's Mineral rents (% of GDP) was 0.00.
The global average for this indicator in 2020 was 1.76 .
Source: World Bank Open Data (NY.GDP.MINR.RT.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.84
- Trough
- 0.00
Historical Data — Last 10 Years
| Year | Mineral rents (% of GDP) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0191 | |
| 0.3539 | |
| 0.1146 |
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 Greenland's Mineral rents (% of GDP) in 2020?
- In 2020, Greenland's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
- How does Greenland's Mineral rents (% of GDP) compare to the world average?
- The global average for Mineral rents (% of GDP) in 2020 was 1.76, so Greenland is below the world average.
- 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.
Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.