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

In 2021, Lao PDR's Mineral rents (% of GDP) was 3.89, according to World Bank Open Data.

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

Lao PDR's Mineral rents (% of GDP) rose 216.1% from 2020 to 2021.

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

In 2021, Lao PDR ranked #27 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Lao PDR is above the world average. Within East Asia & Pacific, it ranks #5 of 35.

Lao PDR: Mineral rents (% of GDP)

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

In 2021, Lao PDR's Mineral rents (% of GDP) was 3.89.

That's up 216.1% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 1.76 . Lao PDR ranks #27 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #5 of 35.

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: 10.45; 2010
Trough: 0.00; 2002
1-year change: +216.1%
5-year change: +130.6%; +18.2% / yr
10-year change: -62.3%; -9.3% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	3.8893
2020	1.2306
2019	1.6840
2018	2.2724
2017	2.3608
2016	1.6865
2015	2.7415
2014	3.9764
2013	9.3451
2012	8.4616

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 Lao PDR's Mineral rents (% of GDP) in 2021?: In 2021, Lao PDR's Mineral rents (% of GDP) was 3.89, according to World Bank Open Data.
Is Lao PDR's Mineral rents (% of GDP) rising or falling?: Lao PDR's Mineral rents (% of GDP) rose 216.1% from 2020 to 2021.
How does Lao PDR rank globally on Mineral rents (% of GDP)?: In 2021, Lao PDR ranked #27 out of 197 countries reporting Mineral rents (% of GDP).
How does Lao PDR's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Lao PDR is above the world average. Within East Asia & Pacific, it ranks #5 of 35.
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.

Download this data: CSV JSON

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