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

In 2021, New Zealand's Natural gas rents (% of GDP) was 0.29, according to World Bank Open Data.

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

New Zealand's Natural gas rents (% of GDP) rose 27.6% from 2020 to 2021.

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

In 2021, New Zealand ranked #45 out of 190 countries reporting Natural gas rents (% of GDP).

How does New Zealand'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 New Zealand is below the world average. Within East Asia & Pacific, it ranks #10 of 33.

New Zealand: Natural gas rents (% of GDP)

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

In 2021, New Zealand's Natural gas rents (% of GDP) was 0.29.

That's up 27.6% from 2020, the highest value since 2019.

The global average for this indicator in 2021 was 0.93 . New Zealand ranks #45 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #10 of 33.

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

Highlights

Peak: 0.48; 2002
Trough: 0.20; 2013
1-year change: +27.6%
5-year change: +28.3%; +5.1% / yr
10-year change: +38.3%; +3.3% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	0.2947
2020	0.2310
2019	0.2952
2018	0.2778
2017	0.2160
2016	0.2297
2015	0.3187
2014	0.2792
2013	0.2038
2012	0.2130

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 New Zealand's Natural gas rents (% of GDP) in 2021?: In 2021, New Zealand's Natural gas rents (% of GDP) was 0.29, according to World Bank Open Data.
Is New Zealand's Natural gas rents (% of GDP) rising or falling?: New Zealand's Natural gas rents (% of GDP) rose 27.6% from 2020 to 2021.
How does New Zealand rank globally on Natural gas rents (% of GDP)?: In 2021, New Zealand ranked #45 out of 190 countries reporting Natural gas rents (% of GDP).
How does New Zealand'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 New Zealand is below the world average. Within East Asia & Pacific, it ranks #10 of 33.
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.