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South Africa: Natural gas rents (% of GDP)

In , South Africa's Natural gas rents (% of GDP) was 0.03.

That's up 41.5% from 2020, the highest value since .

The global average for this indicator in 2021 was 0.93 . South Africa ranks #68 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #13 of 45.

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

Trend (2002–2021)

South Africa Natural gas rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
0.06
Trough
0.01
1-year change
+41.5%
5-year change
+91.6%
+13.9% / yr
10-year change
-3.9%
-0.4% / yr

Historical Data — Last 10 Years

Year Natural gas rents (% of GDP)
0.0294
0.0208
0.0252
0.0228
0.0127
0.0153
0.0233
0.0256
0.0312
0.0289

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZSCategory: Economy

Frequently asked questions

What was South Africa's Natural gas rents (% of GDP) in 2021?
In 2021, South Africa's Natural gas rents (% of GDP) was 0.03, according to World Bank Open Data.
Is South Africa's Natural gas rents (% of GDP) rising or falling?
South Africa's Natural gas rents (% of GDP) rose 41.5% from 2020 to 2021.
How does South Africa rank globally on Natural gas rents (% of GDP)?
In 2021, South Africa ranked #68 out of 190 countries reporting Natural gas rents (% of GDP).
How does South Africa's Natural gas rents (% of GDP) compare to the world average?
The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so South Africa is below the world average. Within Sub-Saharan Africa, it ranks #13 of 45.
What is Natural gas rents (% of GDP) and how is it measured?
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.