What was Senegal's Mineral rents (% of GDP) in 2021?

In 2021, Senegal's Mineral rents (% of GDP) was 2.90, according to World Bank Open Data.

Is Senegal's Mineral rents (% of GDP) rising or falling?

Senegal's Mineral rents (% of GDP) rose 128.3% from 2020 to 2021.

How does Senegal rank globally on Mineral rents (% of GDP)?

In 2021, Senegal ranked #32 out of 197 countries reporting Mineral rents (% of GDP).

How does Senegal's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Senegal is above the world average. Within Sub-Saharan Africa, it ranks #14 of 46.

Senegal: Mineral rents (% of GDP)

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

In 2021, Senegal's Mineral rents (% of GDP) was 2.90.

That's up 128.3% from 2020, the highest value on record.

The global average for this indicator in 2021 was 1.76 . Senegal ranks #32 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #14 of 46.

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

Trend (2002–2021)

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

Highlights

Peak: 2.90; 2021
Trough: 0.01; 2003
1-year change: +128.3%
5-year change: +120.1%; +17.1% / yr
10-year change: +93.9%; +6.8% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	2.8957
2020	1.2684
2019	1.1945
2018	1.1730
2017	0.7547
2016	1.3153
2015	0.7525
2014	0.6908
2013	1.0254
2012	2.3894

About Mineral rents (% of GDP)

Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

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

Frequently asked questions

What was Senegal's Mineral rents (% of GDP) in 2021?: In 2021, Senegal's Mineral rents (% of GDP) was 2.90, according to World Bank Open Data.
Is Senegal's Mineral rents (% of GDP) rising or falling?: Senegal's Mineral rents (% of GDP) rose 128.3% from 2020 to 2021.
How does Senegal rank globally on Mineral rents (% of GDP)?: In 2021, Senegal ranked #32 out of 197 countries reporting Mineral rents (% of GDP).
How does Senegal's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Senegal is above the world average. Within Sub-Saharan Africa, it ranks #14 of 46.
What is Mineral rents (% of GDP) and how is it measured?: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

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