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Trinidad and Tobago: Mineral rents (% of GDP)

In , Trinidad and Tobago's Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . Trinidad and Tobago ranks #176 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #32 of 36.

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

Trend (2002–2021)

Trinidad and Tobago Mineral 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
0.00
Trough
0.00

Historical Data — Last 10 Years

Year Mineral rents (% of GDP)
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
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.ZSCategory: Economy

Frequently asked questions

What was Trinidad and Tobago's Mineral rents (% of GDP) in 2021?
In 2021, Trinidad and Tobago's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
How does Trinidad and Tobago rank globally on Mineral rents (% of GDP)?
In 2021, Trinidad and Tobago ranked #176 out of 197 countries reporting Mineral rents (% of GDP).
How does Trinidad and Tobago's Mineral rents (% of GDP) compare to the world average?
The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Trinidad and Tobago is below the world average. Within Latin America & Caribbean, it ranks #32 of 36.
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.