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Slovak Republic: Mineral rents (% of GDP)

In , Slovak Republic's Mineral rents (% of GDP) was 0.01.

That's up 34.5% from 2020, the highest value since .

The global average for this indicator in 2021 was 1.76 . Slovak Republic ranks #82 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #26 of 51.

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

Trend (2002–2021)

Slovak Republic Mineral rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2004: EU enlargement (10 new members)
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2004 · EU enlargement (10 new members)

Highlights

Peak
0.04
Trough
0.00
1-year change
+34.5%
5-year change
-9.5%
-2.0% / yr
10-year change
-33.2%
-3.9% / yr

Historical Data — Last 10 Years

Year Mineral rents (% of GDP)
0.0117
0.0087
0.0072
0.0122
0.0136
0.0130
0.0124
0.0143
0.0167
0.0225

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 Slovak Republic's Mineral rents (% of GDP) in 2021?
In 2021, Slovak Republic's Mineral rents (% of GDP) was 0.01, according to World Bank Open Data.
Is Slovak Republic's Mineral rents (% of GDP) rising or falling?
Slovak Republic's Mineral rents (% of GDP) rose 34.5% from 2020 to 2021.
How does Slovak Republic rank globally on Mineral rents (% of GDP)?
In 2021, Slovak Republic ranked #82 out of 197 countries reporting Mineral rents (% of GDP).
How does Slovak Republic's Mineral rents (% of GDP) compare to the world average?
The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Slovak Republic is below the world average. Within Europe & Central Asia, it ranks #26 of 51.
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.