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Niger: Mineral rents (% of GDP)

In , Niger's Mineral rents (% of GDP) was 0.83.

That's up 297.8% from 2020, the highest value on record.

The global average for this indicator in 2021 was 1.76 . Niger ranks #48 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #16 of 46.

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

Trend (2002–2021)

Niger Mineral 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
0.83
Trough
0.00
1-year change
+297.8%
5-year change
+738.8%
+53.0% / yr
10-year change
+83.0%
+6.2% / yr

Historical Data — Last 10 Years

Year Mineral rents (% of GDP)
0.8301
0.2087
0.0888
0.4220
0.0745
0.0990
0.1009
0.0719
0.1465
0.3437

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.ZSCategory: Economy

Frequently asked questions

What was Niger's Mineral rents (% of GDP) in 2021?
In 2021, Niger's Mineral rents (% of GDP) was 0.83, according to World Bank Open Data.
Is Niger's Mineral rents (% of GDP) rising or falling?
Niger's Mineral rents (% of GDP) rose 297.8% from 2020 to 2021.
How does Niger rank globally on Mineral rents (% of GDP)?
In 2021, Niger ranked #48 out of 197 countries reporting Mineral rents (% of GDP).
How does Niger's Mineral rents (% of GDP) compare to the world average?
The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Niger is below the world average. Within Sub-Saharan Africa, it ranks #16 of 46.
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.