Ireland: Natural gas rents (% of GDP)
In , Ireland's Natural gas rents (% of GDP) was 0.05.
That's up 263.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 0.93 . Ireland ranks #62 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #16 of 49.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.08
- Trough
- 0.00
- 1-year change
- +263.4%
- 5-year change
- +29.7%
- +5.3% / yr
- 10-year change
- +324.4%
- +15.6% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.0511 | |
| 0.0141 | |
| 0.0393 | |
| 0.0750 | |
| 0.0557 | |
| 0.0394 | |
| 0.0031 | |
| 0.0055 | |
| 0.0104 | |
| 0.0122 |
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.ZS • Category: Economy
Frequently asked questions
- What was Ireland's Natural gas rents (% of GDP) in 2021?
- In 2021, Ireland's Natural gas rents (% of GDP) was 0.05, according to World Bank Open Data.
- Is Ireland's Natural gas rents (% of GDP) rising or falling?
- Ireland's Natural gas rents (% of GDP) rose 263.4% from 2020 to 2021.
- How does Ireland rank globally on Natural gas rents (% of GDP)?
- In 2021, Ireland ranked #62 out of 190 countries reporting Natural gas rents (% of GDP).
- How does Ireland'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 Ireland is below the world average. Within Europe & Central Asia, it ranks #16 of 49.
- 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.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.