What was Kenya's Mineral rents (% of GDP) in 2021?

In 2021, Kenya's Mineral rents (% of GDP) was 0.01, according to World Bank Open Data.

Is Kenya's Mineral rents (% of GDP) rising or falling?

Kenya's Mineral rents (% of GDP) rose 212.8% from 2020 to 2021.

How does Kenya rank globally on Mineral rents (% of GDP)?

In 2021, Kenya ranked #85 out of 197 countries reporting Mineral rents (% of GDP).

How does Kenya's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Kenya is below the world average. Within Sub-Saharan Africa, it ranks #24 of 46.

Kenya: Mineral rents (% of GDP)

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

In 2021, Kenya's Mineral rents (% of GDP) was 0.01.

That's up 212.8% from 2020, the highest value since 2013.

The global average for this indicator in 2021 was 1.76 . Kenya ranks #85 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #24 of 46.

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: 0.13; 2012
Trough: 0.00; 2015
1-year change: +212.8%
5-year change: +157.6%; +20.8% / yr
10-year change: -92.4%; -22.7% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0057
2020	0.0018
2019	0.0038
2018	0.0045
2017	0.0051
2016	0.0022
2015	0.0015
2014	0.0031
2013	0.0442
2012	0.1314

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 Kenya's Mineral rents (% of GDP) in 2021?: In 2021, Kenya's Mineral rents (% of GDP) was 0.01, according to World Bank Open Data.
Is Kenya's Mineral rents (% of GDP) rising or falling?: Kenya's Mineral rents (% of GDP) rose 212.8% from 2020 to 2021.
How does Kenya rank globally on Mineral rents (% of GDP)?: In 2021, Kenya ranked #85 out of 197 countries reporting Mineral rents (% of GDP).
How does Kenya's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Kenya is below the world average. Within Sub-Saharan Africa, it ranks #24 of 46.
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.

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