What was United Kingdom's Mineral rents (% of GDP) in 2021?

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

Is United Kingdom's Mineral rents (% of GDP) rising or falling?

United Kingdom's Mineral rents (% of GDP) rose 107.1% from 2020 to 2021.

How does United Kingdom rank globally on Mineral rents (% of GDP)?

In 2021, United Kingdom ranked #89 out of 197 countries reporting Mineral rents (% of GDP).

How does United Kingdom's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #27 of 51.

United Kingdom: Mineral rents (% of GDP)

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

In 2021, United Kingdom's Mineral rents (% of GDP) was 0.00.

That's up 107.1% from 2020, the highest value since 2012.

The global average for this indicator in 2021 was 1.76 . United Kingdom ranks #89 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #27 of 51.

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

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2016 · Brexit referendum

Highlights

Peak: 0.00; 2011
Trough: 0.00; 2003
1-year change: +107.1%
5-year change: +866.7%; +57.4% / yr
10-year change: -75.7%; -13.2% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0001
2020	0.0000
2019	0.0000
2018	0.0000
2017	0.0000
2016	0.0000
2015	0.0000
2014	0.0000
2013	0.0000
2012	0.0001

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 United Kingdom's Mineral rents (% of GDP) in 2021?: In 2021, United Kingdom's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
Is United Kingdom's Mineral rents (% of GDP) rising or falling?: United Kingdom's Mineral rents (% of GDP) rose 107.1% from 2020 to 2021.
How does United Kingdom rank globally on Mineral rents (% of GDP)?: In 2021, United Kingdom ranked #89 out of 197 countries reporting Mineral rents (% of GDP).
How does United Kingdom's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #27 of 51.
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.