What was Viet Nam's Mineral rents (% of GDP) in 2021?

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

Is Viet Nam's Mineral rents (% of GDP) rising or falling?

Viet Nam's Mineral rents (% of GDP) rose 334.9% from 2020 to 2021.

How does Viet Nam rank globally on Mineral rents (% of GDP)?

In 2021, Viet Nam ranked #68 out of 197 countries reporting Mineral rents (% of GDP).

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

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Viet Nam is below the world average. Within East Asia & Pacific, it ranks #11 of 35.

Viet Nam: Mineral rents (% of GDP)

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

In 2021, Viet Nam's Mineral rents (% of GDP) was 0.10.

That's up 334.9% from 2020, the highest value since 2017.

The global average for this indicator in 2021 was 1.76 . Viet Nam ranks #68 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #11 of 35.

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: 0.85; 2008
Trough: 0.02; 2019
1-year change: +334.9%
5-year change: -16.0%; -3.4% / yr
10-year change: -81.9%; -15.7% / yr

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.1022
2020	0.0235
2019	0.0194
2018	0.0905
2017	0.1942
2016	0.1216
2015	0.1165
2014	0.1899
2013	0.3151
2012	0.3326

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 Viet Nam's Mineral rents (% of GDP) in 2021?: In 2021, Viet Nam's Mineral rents (% of GDP) was 0.10, according to World Bank Open Data.
Is Viet Nam's Mineral rents (% of GDP) rising or falling?: Viet Nam's Mineral rents (% of GDP) rose 334.9% from 2020 to 2021.
How does Viet Nam rank globally on Mineral rents (% of GDP)?: In 2021, Viet Nam ranked #68 out of 197 countries reporting Mineral rents (% of GDP).
How does Viet Nam's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Viet Nam is below the world average. Within East Asia & Pacific, it ranks #11 of 35.
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.

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Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.