Nicaragua: Total natural resources rents (% of GDP)
In , Nicaragua's Total natural resources rents (% of GDP) was 3.84.
That's up 131.6% from 2020, the highest value since .
The global average for this indicator in 2021 was 6.63 . Nicaragua ranks #78 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #10 of 36.
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
- 5.12
- Trough
- 1.11
- 1-year change
- +131.6%
- 5-year change
- +23.4%
- +4.3% / yr
- 10-year change
- -25.0%
- -2.8% / yr
Historical Data — Last 10 Years
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 3.8408 | |
| 1.6581 | |
| 1.2849 | |
| 2.0269 | |
| 2.7030 | |
| 3.1130 | |
| 2.1054 | |
| 4.2212 | |
| 4.9505 | |
| 4.6255 |
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 Nicaragua's Total natural resources rents (% of GDP) in 2021?
- In 2021, Nicaragua's Total natural resources rents (% of GDP) was 3.84, according to World Bank Open Data.
- Is Nicaragua's Total natural resources rents (% of GDP) rising or falling?
- Nicaragua's Total natural resources rents (% of GDP) rose 131.6% from 2020 to 2021.
- How does Nicaragua rank globally on Total natural resources rents (% of GDP)?
- In 2021, Nicaragua ranked #78 out of 197 countries reporting Total natural resources rents (% of GDP).
- How does Nicaragua'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 Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #10 of 36.
- 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.
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.