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

In 2021, Guinea's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.

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

Over the last five years, Guinea's Mineral rents (% of GDP) has decreased by 100.0%.

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

In 2021, Guinea ranked #114 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Guinea is below the world average. Within Sub-Saharan Africa, it ranks #33 of 46.

Guinea: Mineral rents (% of GDP)

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

In 2021, Guinea's Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . Guinea ranks #114 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #33 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: 9.82; 2017
Trough: 0.00; 2019
5-year change: -100.0%
10-year change: -100.0%

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0000
2020	0.0000
2019	0.0000
2018	8.2081
2017	9.8230
2016	6.8520
2015	3.6323
2014	4.8739
2013	4.6780
2012	6.5140

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 Guinea's Mineral rents (% of GDP) in 2021?: In 2021, Guinea's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Guinea's Mineral rents (% of GDP) rising or falling?: Over the last five years, Guinea's Mineral rents (% of GDP) has decreased by 100.0%.
How does Guinea rank globally on Mineral rents (% of GDP)?: In 2021, Guinea ranked #114 out of 197 countries reporting Mineral rents (% of GDP).
How does Guinea's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Guinea is below the world average. Within Sub-Saharan Africa, it ranks #33 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.