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

Philippines's Total natural resources rents (% of GDP) rose 158.2% from 2020 to 2021.

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

In 2021, Philippines ranked #91 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Philippines'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 Philippines is below the world average. Within East Asia & Pacific, it ranks #14 of 35.

Philippines: Total natural resources rents (% of GDP)

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

In 2021, Philippines's Total natural resources rents (% of GDP) was 1.97.

That's up 158.2% from 2020, the highest value since 2011.

The global average for this indicator in 2021 was 6.63 . Philippines ranks #91 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #14 of 35.

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: 2.91; 2007
Trough: 0.56; 2002
1-year change: +158.2%
5-year change: +198.2%; +24.4% / yr
10-year change: -30.6%; -3.6% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	1.9726
2020	0.7641
2019	0.7853
2018	0.9438
2017	0.9646
2016	0.6616
2015	0.7581
2014	1.5090
2013	1.1859
2012	1.5536

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 Philippines's Total natural resources rents (% of GDP) in 2021?: In 2021, Philippines's Total natural resources rents (% of GDP) was 1.97, according to World Bank Open Data.
Is Philippines's Total natural resources rents (% of GDP) rising or falling?: Philippines's Total natural resources rents (% of GDP) rose 158.2% from 2020 to 2021.
How does Philippines rank globally on Total natural resources rents (% of GDP)?: In 2021, Philippines ranked #91 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Philippines'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 Philippines is below the world average. Within East Asia & Pacific, it ranks #14 of 35.
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.

Download this data: CSV JSON

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