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Libya: Mineral rents (% of GDP)

In , Libya's Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . Libya ranks #102 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 20.

Source: World Bank Open Data (NY.GDP.MINR.RT.ZS) • Data as of 2021

Trend (2002–2021)

Libya Mineral rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2010: Arab Spring begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2010 · Arab Spring begins

Highlights

Peak
0.00
Trough
0.00

Historical Data — Last 10 Years

Year Mineral rents (% of GDP)
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000

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.ZSCategory: Economy

Frequently asked questions

What was Libya's Mineral rents (% of GDP) in 2021?
In 2021, Libya's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
How does Libya rank globally on Mineral rents (% of GDP)?
In 2021, Libya ranked #102 out of 197 countries reporting Mineral rents (% of GDP).
How does Libya's Mineral rents (% of GDP) compare to the world average?
The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Libya is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 20.
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.
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Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.