Venezuela, RB: Adjusted savings: mineral depletion (% of GNI)
In , Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) was 0.01.
That's down 57.8% from 2013, the highest value since .
The global average for this indicator in 2014 was 1.18 .
Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS) • Data as of 2014
Trend (2002–2014)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 0.27
- Trough
- 0.01
- 1-year change
- -57.8%
- 5-year change
- -77.8%
- -26.0% / yr
- 10-year change
- -89.9%
- -20.5% / yr
Historical Data — Last 10 Years
| Year | Adjusted savings: mineral depletion (% of GNI) |
|---|---|
| 0.0144 | |
| 0.0341 | |
| 0.0416 | |
| 0.1190 | |
| 0.0727 | |
| 0.0648 | |
| 0.1383 | |
| 0.2686 | |
| 0.2544 | |
| 0.1944 |
About Adjusted savings: mineral depletion (% of GNI)
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Indicator code: NY.ADJ.DMIN.GN.ZS • Category: Economy
Frequently asked questions
- What was Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) in 2014?
- In 2014, Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) was 0.01, according to World Bank Open Data.
- Is Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) rising or falling?
- Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) fell 57.8% from 2013 to 2014.
- How does Venezuela, RB's Adjusted savings: mineral depletion (% of GNI) compare to the world average?
- The global average for Adjusted savings: mineral depletion (% of GNI) in 2014 was 1.18, so Venezuela, RB is below the world average.
- What is Adjusted savings: mineral depletion (% of GNI) and how is it measured?
- Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Source: World Bank Open Data (NY.ADJ.DMIN.GN.ZS), CC BY 4.0.