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

In 2021, Sierra Leone's Mineral rents (% of GDP) was 0.21, according to World Bank Open Data.

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

Sierra Leone's Mineral rents (% of GDP) rose 4,984.4% from 2020 to 2021.

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

In 2021, Sierra Leone ranked #62 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Sierra Leone is below the world average. Within Sub-Saharan Africa, it ranks #20 of 46.

Sierra Leone: Mineral rents (% of GDP)

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

In 2021, Sierra Leone's Mineral rents (% of GDP) was 0.21.

That's up 4,984.4% from 2020, the highest value since 2018.

The global average for this indicator in 2021 was 1.76 . Sierra Leone ranks #62 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #20 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: 3.67; 2017
Trough: 0.00; 2002
1-year change: +4,984.4%
5-year change: -92.4%; -40.3% / yr
10-year change: -82.8%; -16.1% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.2128
2020	0.0042
2019	0.0176
2018	0.8622
2017	3.6659
2016	2.7963
2015	0.7571
2014	0.2796
2013	0.1856
2012	1.0083

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 Sierra Leone's Mineral rents (% of GDP) in 2021?: In 2021, Sierra Leone's Mineral rents (% of GDP) was 0.21, according to World Bank Open Data.
Is Sierra Leone's Mineral rents (% of GDP) rising or falling?: Sierra Leone's Mineral rents (% of GDP) rose 4,984.4% from 2020 to 2021.
How does Sierra Leone rank globally on Mineral rents (% of GDP)?: In 2021, Sierra Leone ranked #62 out of 197 countries reporting Mineral rents (% of GDP).
How does Sierra Leone's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Sierra Leone is below the world average. Within Sub-Saharan Africa, it ranks #20 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.