India: Mineral rents (% of GDP)
In , India's Mineral rents (% of GDP) was 1.32.
That's up 91.5% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.76 . India ranks #41 globally out of 197 reporting countries. Within South Asia, it ranks #1 of 6.
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
- 2.28
- Trough
- 0.24
- 1-year change
- +91.5%
- 5-year change
- +268.7%
- +29.8% / yr
- 10-year change
- -7.6%
- -0.8% / yr
Historical Data — Last 10 Years
| Year | Mineral rents (% of GDP) |
|---|---|
| 1.3152 | |
| 0.6866 | |
| 0.6495 | |
| 0.4323 | |
| 0.4578 | |
| 0.3567 | |
| 0.2859 | |
| 0.5364 | |
| 0.8940 | |
| 0.7657 |
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 India's Mineral rents (% of GDP) in 2021?
- In 2021, India's Mineral rents (% of GDP) was 1.32, according to World Bank Open Data.
- Is India's Mineral rents (% of GDP) rising or falling?
- India's Mineral rents (% of GDP) rose 91.5% from 2020 to 2021.
- How does India rank globally on Mineral rents (% of GDP)?
- In 2021, India ranked #41 out of 197 countries reporting Mineral rents (% of GDP).
- How does India's Mineral rents (% of GDP) compare to the world average?
- The global average for Mineral rents (% of GDP) in 2021 was 1.76, so India is below the world average. Within South Asia, it ranks #1 of 6.
- 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.