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

In 2021, Lao PDR's Total natural resources rents (% of GDP) was 5.38, according to World Bank Open Data.

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

Lao PDR's Total natural resources rents (% of GDP) rose 91.0% from 2020 to 2021.

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

In 2021, Lao PDR ranked #66 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Lao PDR'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 Lao PDR is below the world average. Within East Asia & Pacific, it ranks #10 of 35.

Lao PDR: Total natural resources rents (% of GDP)

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

In 2021, Lao PDR's Total natural resources rents (% of GDP) was 5.38.

That's up 91.0% from 2020, the highest value since 2015.

The global average for this indicator in 2021 was 6.63 . Lao PDR ranks #66 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #10 of 35.

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: 15.27; 2011
Trough: 2.82; 2020
1-year change: +91.0%
5-year change: +23.7%; +4.3% / yr
10-year change: -64.8%; -9.9% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	5.3828
2020	2.8175
2019	3.1045
2018	3.8788
2017	4.9709
2016	4.3526
2015	5.5248
2014	8.1298
2013	12.5381
2012	12.1203

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 Lao PDR's Total natural resources rents (% of GDP) in 2021?: In 2021, Lao PDR's Total natural resources rents (% of GDP) was 5.38, according to World Bank Open Data.
Is Lao PDR's Total natural resources rents (% of GDP) rising or falling?: Lao PDR's Total natural resources rents (% of GDP) rose 91.0% from 2020 to 2021.
How does Lao PDR rank globally on Total natural resources rents (% of GDP)?: In 2021, Lao PDR ranked #66 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Lao PDR'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 Lao PDR is below the world average. Within East Asia & Pacific, it ranks #10 of 35.
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.