Iraq: Mineral rents (% of GDP)
In , Iraq's Mineral rents (% of GDP) was 0.00.
The global average for this indicator in 2021 was 1.76 . Iraq ranks #195 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #19 of 20.
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
- 0.01
- Trough
- 0.00
- 10-year change
- -100.0%
Historical Data — Last 10 Years
| Year | Mineral rents (% of GDP) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0005 | |
| 0.0078 | |
| 0.0134 |
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 Iraq's Mineral rents (% of GDP) in 2021?
- In 2021, Iraq's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
- How does Iraq rank globally on Mineral rents (% of GDP)?
- In 2021, Iraq ranked #195 out of 197 countries reporting Mineral rents (% of GDP).
- How does Iraq's Mineral rents (% of GDP) compare to the world average?
- The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #19 of 20.
- 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.