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

In 2021, United States's Mineral rents (% of GDP) was 0.10, according to World Bank Open Data.

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

United States's Mineral rents (% of GDP) rose 376.9% from 2020 to 2021.

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

In 2021, United States ranked #69 out of 197 countries reporting Mineral rents (% of GDP).

How does United States'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 States is below the world average. Within North America, it ranks #2 of 3.

United States: Mineral rents (% of GDP)

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

In 2021, United States's Mineral rents (% of GDP) was 0.10.

That's up 376.9% from 2020, the highest value since 2013.

The global average for this indicator in 2021 was 1.76 . United States ranks #69 globally out of 197 reporting countries. Within North America, it ranks #2 of 3.

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

Highlights

Peak: 0.24; 2011
Trough: 0.01; 2002
1-year change: +376.9%
5-year change: +168.4%; +21.8% / yr
10-year change: -57.3%; -8.2% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.1020
2020	0.0214
2019	0.0188
2018	0.0352
2017	0.0413
2016	0.0380
2015	0.0363
2014	0.0880
2013	0.1204
2012	0.1634

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 States's Mineral rents (% of GDP) in 2021?: In 2021, United States's Mineral rents (% of GDP) was 0.10, according to World Bank Open Data.
Is United States's Mineral rents (% of GDP) rising or falling?: United States's Mineral rents (% of GDP) rose 376.9% from 2020 to 2021.
How does United States rank globally on Mineral rents (% of GDP)?: In 2021, United States ranked #69 out of 197 countries reporting Mineral rents (% of GDP).
How does United States'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 States is below the world average. Within North America, it ranks #2 of 3.
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.