Venezuela, RB: Natural gas rents (% of GDP)
In , Venezuela, RB's Natural gas rents (% of GDP) was 0.38.
That's down 30.3% from 2013, the highest value since .
The global average for this indicator in 2014 was 0.93 .
Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2014
Trend (2002–2014)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 0.54
- Trough
- 0.19
- 1-year change
- -30.3%
- 5-year change
- +25.4%
- +4.6% / yr
- 10-year change
- +33.9%
- +3.0% / yr
Historical Data — Last 10 Years
| Year | Natural gas rents (% of GDP) |
|---|---|
| 0.3778 | |
| 0.5423 | |
| 0.5016 | |
| 0.5424 | |
| 0.1933 | |
| 0.3014 | |
| 0.2996 | |
| 0.4046 | |
| 0.4154 | |
| 0.3604 |
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 Venezuela, RB's Natural gas rents (% of GDP) in 2014?
- In 2014, Venezuela, RB's Natural gas rents (% of GDP) was 0.38, according to World Bank Open Data.
- Is Venezuela, RB's Natural gas rents (% of GDP) rising or falling?
- Venezuela, RB's Natural gas rents (% of GDP) fell 30.3% from 2013 to 2014.
- How does Venezuela, RB's Natural gas rents (% of GDP) compare to the world average?
- The global average for Natural gas rents (% of GDP) in 2014 was 0.93, so Venezuela, RB is below 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.