What was Libya's Natural gas rents (% of GDP) in 2021?

In 2021, Libya's Natural gas rents (% of GDP) was 4.58, according to World Bank Open Data.

Is Libya's Natural gas rents (% of GDP) rising or falling?

Libya's Natural gas rents (% of GDP) rose 111.4% from 2020 to 2021.

How does Libya rank globally on Natural gas rents (% of GDP)?

In 2021, Libya ranked #14 out of 190 countries reporting Natural gas rents (% of GDP).

How does Libya's Natural gas rents (% of GDP) compare to the world average?

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Libya is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 19.

Libya: Natural gas rents (% of GDP)

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

In 2021, Libya's Natural gas rents (% of GDP) was 4.58.

That's up 111.4% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Libya ranks #14 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 19.

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

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2010 · Arab Spring begins

Highlights

Peak: 4.58; 2021
Trough: 0.82; 2003
1-year change: +111.4%
5-year change: +232.4%; +27.2% / yr
10-year change: +297.4%; +14.8% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	4.5802
2020	2.1663
2019	1.6885
2018	1.5411
2017	1.1386
2016	1.3780
2015	1.8628
2014	2.2882
2013	1.8886
2012	1.4258

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy

Frequently asked questions

What was Libya's Natural gas rents (% of GDP) in 2021?: In 2021, Libya's Natural gas rents (% of GDP) was 4.58, according to World Bank Open Data.
Is Libya's Natural gas rents (% of GDP) rising or falling?: Libya's Natural gas rents (% of GDP) rose 111.4% from 2020 to 2021.
How does Libya rank globally on Natural gas rents (% of GDP)?: In 2021, Libya ranked #14 out of 190 countries reporting Natural gas rents (% of GDP).
How does Libya's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Libya is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 19.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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