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

In 2021, Serbia's Total natural resources rents (% of GDP) was 1.75, according to World Bank Open Data.

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

Serbia's Total natural resources rents (% of GDP) rose 84.3% from 2020 to 2021.

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

In 2021, Serbia ranked #97 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Serbia'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 Serbia is below the world average. Within Europe & Central Asia, it ranks #11 of 51.

Serbia: Total natural resources rents (% of GDP)

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

In 2021, Serbia's Total natural resources rents (% of GDP) was 1.75.

That's up 84.3% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 6.63 . Serbia ranks #97 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #11 of 51.

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: 3.35; 2011
Trough: 0.54; 2003
1-year change: +84.3%
5-year change: +49.1%; +8.3% / yr
10-year change: -47.9%; -6.3% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	1.7463
2020	0.9476
2019	1.1946
2018	1.5407
2017	1.5226
2016	1.1716
2015	1.2772
2014	1.8944
2013	2.0596
2012	2.7748

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 Serbia's Total natural resources rents (% of GDP) in 2021?: In 2021, Serbia's Total natural resources rents (% of GDP) was 1.75, according to World Bank Open Data.
Is Serbia's Total natural resources rents (% of GDP) rising or falling?: Serbia's Total natural resources rents (% of GDP) rose 84.3% from 2020 to 2021.
How does Serbia rank globally on Total natural resources rents (% of GDP)?: In 2021, Serbia ranked #97 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Serbia'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 Serbia is below the world average. Within Europe & Central Asia, it ranks #11 of 51.
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.