What was Montenegro's Mineral rents (% of GDP) in 2021?

In 2021, Montenegro's Mineral rents (% of GDP) was 0.01, according to World Bank Open Data.

Is Montenegro's Mineral rents (% of GDP) rising or falling?

Montenegro's Mineral rents (% of GDP) fell 6.7% from 2020 to 2021.

How does Montenegro rank globally on Mineral rents (% of GDP)?

In 2021, Montenegro ranked #79 out of 197 countries reporting Mineral rents (% of GDP).

How does Montenegro's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Montenegro is below the world average. Within Europe & Central Asia, it ranks #24 of 51.

Montenegro: Mineral rents (% of GDP)

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

In 2021, Montenegro's Mineral rents (% of GDP) was 0.01.

That's down 6.7% from 2020, the highest value since 2020.

The global average for this indicator in 2021 was 1.76 . Montenegro ranks #79 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #24 of 51.

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

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.77; 2017
Trough: 0.00; 2002
1-year change: -6.7%
5-year change: -96.2%; -48.0% / yr
10-year change: -92.1%; -22.4% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0136
2020	0.0145
2019	0.0479
2018	0.1985
2017	0.7730
2016	0.3556
2015	0.1683
2014	0.2376
2013	0.1125
2012	0.1539

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.ZS • Category: Economy

Frequently asked questions

What was Montenegro's Mineral rents (% of GDP) in 2021?: In 2021, Montenegro's Mineral rents (% of GDP) was 0.01, according to World Bank Open Data.
Is Montenegro's Mineral rents (% of GDP) rising or falling?: Montenegro's Mineral rents (% of GDP) fell 6.7% from 2020 to 2021.
How does Montenegro rank globally on Mineral rents (% of GDP)?: In 2021, Montenegro ranked #79 out of 197 countries reporting Mineral rents (% of GDP).
How does Montenegro's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Montenegro is below the world average. Within Europe & Central Asia, it ranks #24 of 51.
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.