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

In 2021, Liberia's Total natural resources rents (% of GDP) was 21.92, according to World Bank Open Data.

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

Liberia's Total natural resources rents (% of GDP) rose 25.5% from 2020 to 2021.

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

In 2021, Liberia ranked #20 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Liberia'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 Liberia is above the world average. Within Sub-Saharan Africa, it ranks #6 of 46.

Liberia: Total natural resources rents (% of GDP)

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

In 2021, Liberia's Total natural resources rents (% of GDP) was 21.92.

That's up 25.5% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 6.63 . Liberia ranks #20 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #6 of 46.

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: 34.18; 2003
Trough: 14.03; 2018
1-year change: +25.5%
5-year change: +9.0%; +1.7% / yr
10-year change: -5.8%; -0.6% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	21.9156
2020	17.4662
2019	14.2605
2018	14.0250
2017	21.3241
2016	20.1144
2015	19.4463
2014	26.1806
2013	28.3712
2012	26.7116

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 Liberia's Total natural resources rents (% of GDP) in 2021?: In 2021, Liberia's Total natural resources rents (% of GDP) was 21.92, according to World Bank Open Data.
Is Liberia's Total natural resources rents (% of GDP) rising or falling?: Liberia's Total natural resources rents (% of GDP) rose 25.5% from 2020 to 2021.
How does Liberia rank globally on Total natural resources rents (% of GDP)?: In 2021, Liberia ranked #20 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Liberia'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 Liberia is above the world average. Within Sub-Saharan Africa, it ranks #6 of 46.
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.