Venezuela, RB: Total natural resources rents (% of GDP)
In , Venezuela, RB's Total natural resources rents (% of GDP) was 11.85.
That's down 32.8% from 2013, the highest value since .
The global average for this indicator in 2014 was 6.63 .
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2014
Trend (2002–2014)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 29.22
- Trough
- 10.54
- 1-year change
- -32.8%
- 5-year change
- +12.4%
- +2.4% / yr
- 10-year change
- -50.3%
- -6.8% / yr
Historical Data — Last 10 Years
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 11.8465 | |
| 17.6253 | |
| 18.7812 | |
| 24.4753 | |
| 12.3809 | |
| 10.5417 | |
| 23.9223 | |
| 23.1187 | |
| 28.0775 | |
| 29.2230 |
About Total natural resources rents (% of GDP)
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy
Frequently asked questions
- What was Venezuela, RB's Total natural resources rents (% of GDP) in 2014?
- In 2014, Venezuela, RB's Total natural resources rents (% of GDP) was 11.85, according to World Bank Open Data.
- Is Venezuela, RB's Total natural resources rents (% of GDP) rising or falling?
- Venezuela, RB's Total natural resources rents (% of GDP) fell 32.8% from 2013 to 2014.
- How does Venezuela, RB's Total natural resources rents (% of GDP) compare to the world average?
- The global average for Total natural resources rents (% of GDP) in 2014 was 6.63, so Venezuela, RB is above the world average.
- What is Total natural resources rents (% of GDP) and how is it measured?
- Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.