What was Italy's Total natural resources rents (% of GDP) in 2021?

In 2021, Italy's Total natural resources rents (% of GDP) was 0.11, according to World Bank Open Data.

Is Italy's Total natural resources rents (% of GDP) rising or falling?

Italy's Total natural resources rents (% of GDP) rose 100.1% from 2020 to 2021.

How does Italy rank globally on Total natural resources rents (% of GDP)?

In 2021, Italy ranked #150 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Italy's Total natural resources rents (% of GDP) compare to the world average?

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Italy is below the world average. Within Europe & Central Asia, it ranks #39 of 51.

Italy: Total natural resources rents (% of GDP)

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

In 2021, Italy's Total natural resources rents (% of GDP) was 0.11.

That's up 100.1% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 6.63 . Italy ranks #150 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #39 of 51.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.17; 2012
Trough: 0.05; 2016
1-year change: +100.1%
5-year change: +136.8%; +18.8% / yr
10-year change: -28.2%; -3.3% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	0.1120
2020	0.0560
2019	0.0825
2018	0.0992
2017	0.0640
2016	0.0473
2015	0.0819
2014	0.1385
2013	0.1555
2012	0.1696

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy

Frequently asked questions

What was Italy's Total natural resources rents (% of GDP) in 2021?: In 2021, Italy's Total natural resources rents (% of GDP) was 0.11, according to World Bank Open Data.
Is Italy's Total natural resources rents (% of GDP) rising or falling?: Italy's Total natural resources rents (% of GDP) rose 100.1% from 2020 to 2021.
How does Italy rank globally on Total natural resources rents (% of GDP)?: In 2021, Italy ranked #150 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Italy's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Italy is below the world average. Within Europe & Central Asia, it ranks #39 of 51.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.