Kuwait: Total natural resources rents (% of GDP)
In , Kuwait's Total natural resources rents (% of GDP) was 29.28.
That's down 26.5% from 2019, the highest value since .
The global average for this indicator in 2020 was 6.63 .
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 59.07
- Trough
- 29.28
- 1-year change
- -26.5%
- 5-year change
- -21.5%
- -4.7% / yr
- 10-year change
- -40.0%
- -5.0% / yr
Historical Data — Last 10 Years
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 29.2849 | |
| 39.8387 | |
| 45.1523 | |
| 36.7579 | |
| 32.3641 | |
| 37.3136 | |
| 53.9714 | |
| 56.3427 | |
| 58.1449 | |
| 59.0697 |
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 Kuwait's Total natural resources rents (% of GDP) in 2020?
- In 2020, Kuwait's Total natural resources rents (% of GDP) was 29.28, according to World Bank Open Data.
- Is Kuwait's Total natural resources rents (% of GDP) rising or falling?
- Kuwait's Total natural resources rents (% of GDP) fell 26.5% from 2019 to 2020.
- How does Kuwait's Total natural resources rents (% of GDP) compare to the world average?
- The global average for Total natural resources rents (% of GDP) in 2020 was 6.63, so Kuwait is above the world average.
- 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.
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.