What was Philippines's Natural gas rents (% of GDP) in 2021?

In 2021, Philippines's Natural gas rents (% of GDP) was 0.16, according to World Bank Open Data.

Is Philippines's Natural gas rents (% of GDP) rising or falling?

Philippines's Natural gas rents (% of GDP) rose 35.7% from 2020 to 2021.

How does Philippines rank globally on Natural gas rents (% of GDP)?

In 2021, Philippines ranked #54 out of 190 countries reporting Natural gas rents (% of GDP).

How does Philippines's Natural gas rents (% of GDP) compare to the world average?

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Philippines is below the world average. Within East Asia & Pacific, it ranks #12 of 33.

Philippines: Natural gas rents (% of GDP)

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

In 2021, Philippines's Natural gas rents (% of GDP) was 0.16.

That's up 35.7% from 2020, the highest value since 2018.

The global average for this indicator in 2021 was 0.93 . Philippines ranks #54 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #12 of 33.

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

Trend (2002–2021)

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

Highlights

Peak: 0.23; 2005
Trough: 0.10; 2013
1-year change: +35.7%
5-year change: +47.2%; +8.0% / yr
10-year change: +7.8%; +0.8% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	0.1561
2020	0.1151
2019	0.1532
2018	0.1664
2017	0.1056
2016	0.1060
2015	0.1317
2014	0.1318
2013	0.0991
2012	0.1191

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy

Frequently asked questions

What was Philippines's Natural gas rents (% of GDP) in 2021?: In 2021, Philippines's Natural gas rents (% of GDP) was 0.16, according to World Bank Open Data.
Is Philippines's Natural gas rents (% of GDP) rising or falling?: Philippines's Natural gas rents (% of GDP) rose 35.7% from 2020 to 2021.
How does Philippines rank globally on Natural gas rents (% of GDP)?: In 2021, Philippines ranked #54 out of 190 countries reporting Natural gas rents (% of GDP).
How does Philippines's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Philippines is below the world average. Within East Asia & Pacific, it ranks #12 of 33.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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