What was Trinidad and Tobago's Natural gas rents (% of GDP) in 2021?

In 2021, Trinidad and Tobago's Natural gas rents (% of GDP) was 5.09, according to World Bank Open Data.

Is Trinidad and Tobago's Natural gas rents (% of GDP) rising or falling?

Trinidad and Tobago's Natural gas rents (% of GDP) rose 16.2% from 2020 to 2021.

How does Trinidad and Tobago rank globally on Natural gas rents (% of GDP)?

In 2021, Trinidad and Tobago ranked #13 out of 190 countries reporting Natural gas rents (% of GDP).

How does Trinidad and Tobago'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 Trinidad and Tobago is above the world average. Within Latin America & Caribbean, it ranks #1 of 35.

Trinidad and Tobago: Natural gas rents (% of GDP)

Name: Trinidad and Tobago: Natural gas rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Trinidad and Tobago's Natural gas rents (% of GDP) was 5.09.

That's up 16.2% from 2020, the highest value since 2019.

The global average for this indicator in 2021 was 0.93 . Trinidad and Tobago ranks #13 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #1 of 35.

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

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 12.47; 2013
Trough: 2.24; 2016
1-year change: +16.2%
5-year change: +127.9%; +17.9% / yr
10-year change: -56.5%; -8.0% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	5.0945
2020	4.3827
2019	8.2366
2018	7.5040
2017	3.0128
2016	2.2355
2015	5.2356
2014	9.9734
2013	12.4709
2012	11.3897

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.ZS • Category: Economy

Frequently asked questions

What was Trinidad and Tobago's Natural gas rents (% of GDP) in 2021?: In 2021, Trinidad and Tobago's Natural gas rents (% of GDP) was 5.09, according to World Bank Open Data.
Is Trinidad and Tobago's Natural gas rents (% of GDP) rising or falling?: Trinidad and Tobago's Natural gas rents (% of GDP) rose 16.2% from 2020 to 2021.
How does Trinidad and Tobago rank globally on Natural gas rents (% of GDP)?: In 2021, Trinidad and Tobago ranked #13 out of 190 countries reporting Natural gas rents (% of GDP).
How does Trinidad and Tobago'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 Trinidad and Tobago is above the world average. Within Latin America & Caribbean, it ranks #1 of 35.
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.