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Montenegro: Total natural resources rents (% of GDP)

In , Montenegro's Total natural resources rents (% of GDP) was 0.64.

That's down 11.9% from 2020, the highest value since .

The global average for this indicator in 2021 was 6.63 . Montenegro ranks #121 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #24 of 51.

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

Trend (2002–2021)

Montenegro Total natural resources rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
1.50
Trough
0.00
1-year change
-11.9%
5-year change
-23.9%
-5.3% / yr
10-year change
-55.9%
-7.9% / yr

Historical Data — Last 10 Years

Year Total natural resources rents (% of GDP)
0.6372
0.7230
0.6165
0.8374
1.3394
0.8375
0.7313
0.7813
0.6730
0.9351

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 Montenegro's Total natural resources rents (% of GDP) in 2021?
In 2021, Montenegro's Total natural resources rents (% of GDP) was 0.64, according to World Bank Open Data.
Is Montenegro's Total natural resources rents (% of GDP) rising or falling?
Montenegro's Total natural resources rents (% of GDP) fell 11.9% from 2020 to 2021.
How does Montenegro rank globally on Total natural resources rents (% of GDP)?
In 2021, Montenegro ranked #121 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Montenegro'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 Montenegro is below the world average. Within Europe & Central Asia, it ranks #24 of 51.
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.