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

In 2021, Mongolia's Total natural resources rents (% of GDP) was 33.14, according to World Bank Open Data.

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

Mongolia's Total natural resources rents (% of GDP) rose 145.9% from 2020 to 2021.

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

In 2021, Mongolia ranked #8 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Mongolia'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 Mongolia is above the world average. Within East Asia & Pacific, it ranks #2 of 35.

Mongolia: Total natural resources rents (% of GDP)

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

In 2021, Mongolia's Total natural resources rents (% of GDP) was 33.14.

That's up 145.9% from 2020, the highest value since 2011.

The global average for this indicator in 2021 was 6.63 . Mongolia ranks #8 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #2 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: 42.22; 2011
Trough: 4.50; 2002
1-year change: +145.9%
5-year change: +229.7%; +26.9% / yr
10-year change: -21.5%; -2.4% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	33.1372
2020	13.4737
2019	14.7740
2018	19.8676
2017	17.0884
2016	10.0500
2015	9.8790
2014	16.0865
2013	18.6702
2012	22.2730

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 Mongolia's Total natural resources rents (% of GDP) in 2021?: In 2021, Mongolia's Total natural resources rents (% of GDP) was 33.14, according to World Bank Open Data.
Is Mongolia's Total natural resources rents (% of GDP) rising or falling?: Mongolia's Total natural resources rents (% of GDP) rose 145.9% from 2020 to 2021.
How does Mongolia rank globally on Total natural resources rents (% of GDP)?: In 2021, Mongolia ranked #8 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Mongolia'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 Mongolia is above the world average. Within East Asia & Pacific, it ranks #2 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.

Download this data: CSV JSON

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