What was Paraguay's Total natural resources rents (% of GDP) in 2021?

In 2021, Paraguay's Total natural resources rents (% of GDP) was 1.35, according to World Bank Open Data.

Is Paraguay's Total natural resources rents (% of GDP) rising or falling?

Paraguay's Total natural resources rents (% of GDP) fell 19.9% from 2020 to 2021.

How does Paraguay rank globally on Total natural resources rents (% of GDP)?

In 2021, Paraguay ranked #105 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Paraguay'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 Paraguay is below the world average. Within Latin America & Caribbean, it ranks #17 of 36.

Paraguay: Total natural resources rents (% of GDP)

Name: Paraguay: Total natural resources rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Paraguay's Total natural resources rents (% of GDP) was 1.35.

That's down 19.9% from 2020, the highest value since 2020.

The global average for this indicator in 2021 was 6.63 . Paraguay ranks #105 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #17 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: 2.14; 2003
Trough: 1.35; 2021
1-year change: -19.9%
5-year change: -28.9%; -6.6% / yr
10-year change: -19.4%; -2.1% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	1.3470
2020	1.6826
2019	1.3778
2018	1.5113
2017	1.6848
2016	1.8936
2015	1.6993
2014	1.6858
2013	1.6981
2012	1.6903

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 Paraguay's Total natural resources rents (% of GDP) in 2021?: In 2021, Paraguay's Total natural resources rents (% of GDP) was 1.35, according to World Bank Open Data.
Is Paraguay's Total natural resources rents (% of GDP) rising or falling?: Paraguay's Total natural resources rents (% of GDP) fell 19.9% from 2020 to 2021.
How does Paraguay rank globally on Total natural resources rents (% of GDP)?: In 2021, Paraguay ranked #105 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Paraguay'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 Paraguay is below the world average. Within Latin America & Caribbean, it ranks #17 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.

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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.