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North Macedonia: Total natural resources rents (% of GDP)

In , North Macedonia's Total natural resources rents (% of GDP) was 0.14.

That's down 5.5% from 2020, the highest value since .

The global average for this indicator in 2021 was 6.63 . North Macedonia ranks #146 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #36 of 51.

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

Trend (2002–2021)

North Macedonia Total natural resources 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
5.56
Trough
0.14
1-year change
-5.5%
5-year change
-84.2%
-30.9% / yr
10-year change
-89.6%
-20.3% / yr

Historical Data — Last 10 Years

Year Total natural resources rents (% of GDP)
0.1369
0.1450
0.1462
0.4247
0.8043
0.8663
0.9350
1.1860
1.1286
1.1738

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 North Macedonia's Total natural resources rents (% of GDP) in 2021?
In 2021, North Macedonia's Total natural resources rents (% of GDP) was 0.14, according to World Bank Open Data.
Is North Macedonia's Total natural resources rents (% of GDP) rising or falling?
North Macedonia's Total natural resources rents (% of GDP) fell 5.5% from 2020 to 2021.
How does North Macedonia rank globally on Total natural resources rents (% of GDP)?
In 2021, North Macedonia ranked #146 out of 197 countries reporting Total natural resources rents (% of GDP).
How does North Macedonia'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 North Macedonia is below the world average. Within Europe & Central Asia, it ranks #36 of 51.
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.