What was Korea, Rep.'s Natural gas rents (% of GDP) in 2021?

In 2021, Korea, Rep.'s Natural gas rents (% of GDP) was 0.01, according to World Bank Open Data.

Is Korea, Rep.'s Natural gas rents (% of GDP) rising or falling?

Korea, Rep.'s Natural gas rents (% of GDP) rose 19.6% from 2020 to 2021.

How does Korea, Rep. rank globally on Natural gas rents (% of GDP)?

In 2021, Korea, Rep. ranked #84 out of 190 countries reporting Natural gas rents (% of GDP).

How does Korea, Rep.'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 Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #14 of 33.

Korea, Rep.: Natural gas rents (% of GDP)

Name: Korea, Rep.: Natural gas rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Korea, Rep.'s Natural gas rents (% of GDP) was 0.01.

That's up 19.6% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Korea, Rep. ranks #84 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #14 of 33.

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: 0.01; 2021
Trough: 0.00; 2002
1-year change: +19.6%
5-year change: +290.3%; +31.3% / yr
10-year change: +74.5%; +5.7% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	0.0052
2020	0.0043
2019	0.0050
2018	0.0041
2017	0.0026
2016	0.0013
2015	0.0016
2014	0.0023
2013	0.0028
2012	0.0027

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 Korea, Rep.'s Natural gas rents (% of GDP) in 2021?: In 2021, Korea, Rep.'s Natural gas rents (% of GDP) was 0.01, according to World Bank Open Data.
Is Korea, Rep.'s Natural gas rents (% of GDP) rising or falling?: Korea, Rep.'s Natural gas rents (% of GDP) rose 19.6% from 2020 to 2021.
How does Korea, Rep. rank globally on Natural gas rents (% of GDP)?: In 2021, Korea, Rep. ranked #84 out of 190 countries reporting Natural gas rents (% of GDP).
How does Korea, Rep.'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 Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #14 of 33.
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.

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