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

In 2021, Jamaica's Total natural resources rents (% of GDP) was 0.46, according to World Bank Open Data.

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

Jamaica's Total natural resources rents (% of GDP) rose 41.9% from 2020 to 2021.

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

In 2021, Jamaica ranked #128 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Jamaica'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 Jamaica is below the world average. Within Latin America & Caribbean, it ranks #22 of 36.

Jamaica: Total natural resources rents (% of GDP)

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

In 2021, Jamaica's Total natural resources rents (% of GDP) was 0.46.

That's up 41.9% from 2020, the highest value since 2018.

The global average for this indicator in 2021 was 6.63 . Jamaica ranks #128 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #22 of 36.

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: 3.50; 2007
Trough: 0.32; 2020
1-year change: +41.9%
5-year change: -64.5%; -18.7% / yr
10-year change: -79.7%; -14.7% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	0.4577
2020	0.3224
2019	0.3642
2018	1.7296
2017	1.5284
2016	1.2891
2015	1.2660
2014	1.7824
2013	1.7814
2012	1.8312

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 Jamaica's Total natural resources rents (% of GDP) in 2021?: In 2021, Jamaica's Total natural resources rents (% of GDP) was 0.46, according to World Bank Open Data.
Is Jamaica's Total natural resources rents (% of GDP) rising or falling?: Jamaica's Total natural resources rents (% of GDP) rose 41.9% from 2020 to 2021.
How does Jamaica rank globally on Total natural resources rents (% of GDP)?: In 2021, Jamaica ranked #128 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Jamaica'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 Jamaica is below the world average. Within Latin America & Caribbean, it ranks #22 of 36.
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.