Turkmenistan: Natural gas rents (% of GDP)
In , Turkmenistan's Natural gas rents (% of GDP) was 7.65.
That's down 33.7% from 2018, the highest value since .
The global average for this indicator in 2019 was 0.93 .
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2019
Trend (2002–2019)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 34.87
- Trough
- 6.00
- 1-year change
- -33.7%
- 5-year change
- -32.6%
- -7.6% / yr
- 10-year change
- -39.6%
- -4.9% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 7.6458 | |
| 11.5296 | |
| 7.4550 | |
| 6.0023 | |
| 10.5832 | |
| 11.3461 | |
| 16.3793 | |
| 18.7387 | |
| 20.2143 | |
| 13.0366 |
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 Turkmenistan's Natural gas rents (% of GDP) in 2019?
- In 2019, Turkmenistan's Natural gas rents (% of GDP) was 7.65, according to World Bank Open Data.
- Is Turkmenistan's Natural gas rents (% of GDP) rising or falling?
- Turkmenistan's Natural gas rents (% of GDP) fell 33.7% from 2018 to 2019.
- How does Turkmenistan's Natural gas rents (% of GDP) compare to the world average?
- The global average for Natural gas rents (% of GDP) in 2019 was 0.93, so Turkmenistan is above the world average.
- 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.
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.