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

In 2021, Namibia's Total natural resources rents (% of GDP) was 4.03, according to World Bank Open Data.

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

Namibia's Total natural resources rents (% of GDP) rose 108.8% from 2020 to 2021.

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

In 2021, Namibia ranked #76 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Namibia'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 Namibia is below the world average. Within Sub-Saharan Africa, it ranks #36 of 46.

Namibia: Total natural resources rents (% of GDP)

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

In 2021, Namibia's Total natural resources rents (% of GDP) was 4.03.

That's up 108.8% from 2020, the highest value since 2007.

The global average for this indicator in 2021 was 6.63 . Namibia ranks #76 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #36 of 46.

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: 5.85; 2007
Trough: 0.60; 2002
1-year change: +108.8%
5-year change: +54.8%; +9.1% / yr
10-year change: +94.5%; +6.9% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	4.0306
2020	1.9303
2019	1.4373
2018	1.2628
2017	3.3558
2016	2.6038
2015	1.8753
2014	1.6415
2013	1.1740
2012	1.7306

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 Namibia's Total natural resources rents (% of GDP) in 2021?: In 2021, Namibia's Total natural resources rents (% of GDP) was 4.03, according to World Bank Open Data.
Is Namibia's Total natural resources rents (% of GDP) rising or falling?: Namibia's Total natural resources rents (% of GDP) rose 108.8% from 2020 to 2021.
How does Namibia rank globally on Total natural resources rents (% of GDP)?: In 2021, Namibia ranked #76 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Namibia'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 Namibia is below the world average. Within Sub-Saharan Africa, it ranks #36 of 46.
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.