Saudi Arabia: Adjusted savings: mineral depletion (% of GNI)
In , Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) was 0.03.
That's up 24.9% from 2019, the highest value since .
The global average for this indicator in 2020 was 1.18 .
Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 0.04
- Trough
- 0.00
- 1-year change
- +24.9%
- 5-year change
- +126.1%
- +17.7% / yr
- 10-year change
- +80.0%
- +6.1% / yr
Historical Data — Last 10 Years
| Year | Adjusted savings: mineral depletion (% of GNI) |
|---|---|
| 0.0341 | |
| 0.0273 | |
| 0.0309 | |
| 0.0233 | |
| 0.0057 | |
| 0.0151 | |
| 0.0144 | |
| 0.0279 | |
| 0.0396 | |
| 0.0202 |
About Adjusted savings: mineral depletion (% of GNI)
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Indicator code: NY.ADJ.DMIN.GN.ZS • Category: Economy
Frequently asked questions
- What was Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) in 2020?
- In 2020, Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) was 0.03, according to World Bank Open Data.
- Is Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) rising or falling?
- Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) rose 24.9% from 2019 to 2020.
- How does Saudi Arabia's Adjusted savings: mineral depletion (% of GNI) compare to the world average?
- The global average for Adjusted savings: mineral depletion (% of GNI) in 2020 was 1.18, so Saudi Arabia is below the world average.
- What is Adjusted savings: mineral depletion (% of GNI) and how is it measured?
- Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS), CC BY 4.0.