What was North Macedonia's Mineral rents (% of GDP) in 2021?

In 2021, North Macedonia's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.

Is North Macedonia's Mineral rents (% of GDP) rising or falling?

Over the last five years, North Macedonia's Mineral rents (% of GDP) has decreased by 100.0%.

How does North Macedonia rank globally on Mineral rents (% of GDP)?

In 2021, North Macedonia ranked #131 out of 197 countries reporting Mineral rents (% of GDP).

How does North Macedonia's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so North Macedonia is below the world average. Within Europe & Central Asia, it ranks #37 of 51.

North Macedonia: Mineral rents (% of GDP)

Name: North Macedonia: Mineral rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, North Macedonia's Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . North Macedonia ranks #131 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #37 of 51.

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

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 5.39; 2007
Trough: 0.00; 2019
5-year change: -100.0%
10-year change: -100.0%

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0000
2020	0.0000
2019	0.0000
2018	0.2686
2017	0.6465
2016	0.7102
2015	0.7520
2014	1.0400
2013	0.9796
2012	0.9721

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.ZS • Category: Economy

Frequently asked questions

What was North Macedonia's Mineral rents (% of GDP) in 2021?: In 2021, North Macedonia's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
Is North Macedonia's Mineral rents (% of GDP) rising or falling?: Over the last five years, North Macedonia's Mineral rents (% of GDP) has decreased by 100.0%.
How does North Macedonia rank globally on Mineral rents (% of GDP)?: In 2021, North Macedonia ranked #131 out of 197 countries reporting Mineral rents (% of GDP).
How does North Macedonia's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so North Macedonia is below the world average. Within Europe & Central Asia, it ranks #37 of 51.
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.