Solomon Islands: Mineral rents (% of GDP)
In , Solomon Islands's Mineral rents (% of GDP) was 0.00.
The global average for this indicator in 2021 was 1.76 . Solomon Islands ranks #158 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #28 of 35.
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
- 5.01
- Trough
- 0.00
- 5-year change
- -100.0%
- 10-year change
- -100.0%
Historical Data — Last 10 Years
| Year | Mineral rents (% of GDP) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 1.5930 | |
| 1.6645 | |
| 0.1993 | |
| 0.2458 | |
| 1.4061 | |
| 2.6195 | |
| 5.0126 |
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 Solomon Islands's Mineral rents (% of GDP) in 2021?
- In 2021, Solomon Islands's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
- Is Solomon Islands's Mineral rents (% of GDP) rising or falling?
- Over the last five years, Solomon Islands's Mineral rents (% of GDP) has decreased by 100.0%.
- How does Solomon Islands rank globally on Mineral rents (% of GDP)?
- In 2021, Solomon Islands ranked #158 out of 197 countries reporting Mineral rents (% of GDP).
- How does Solomon Islands's Mineral rents (% of GDP) compare to the world average?
- The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Solomon Islands is below the world average. Within East Asia & Pacific, it ranks #28 of 35.
- 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.
Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.