What was Somalia, Fed. Rep.'s Mineral rents (% of GDP) in 2021?

In 2021, Somalia, Fed. Rep.'s Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.

How does Somalia, Fed. Rep. rank globally on Mineral rents (% of GDP)?

In 2021, Somalia, Fed. Rep. ranked #159 out of 197 countries reporting Mineral rents (% of GDP).

How does Somalia, Fed. Rep.'s Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #43 of 46.

Somalia, Fed. Rep.: Mineral rents (% of GDP)

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

In 2021, Somalia, Fed. Rep.'s Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . Somalia, Fed. Rep. ranks #159 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #43 of 46.

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

Trend (2013–2021)

2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.00; 2013
Trough: 0.00; 2013

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0000
2020	0.0000
2019	0.0000
2018	0.0000
2017	0.0000
2016	0.0000
2015	0.0000
2014	0.0000
2013	0.0000

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 Somalia, Fed. Rep.'s Mineral rents (% of GDP) in 2021?: In 2021, Somalia, Fed. Rep.'s Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
How does Somalia, Fed. Rep. rank globally on Mineral rents (% of GDP)?: In 2021, Somalia, Fed. Rep. ranked #159 out of 197 countries reporting Mineral rents (% of GDP).
How does Somalia, Fed. Rep.'s Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #43 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.

Download this data: CSV JSON

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