Home/Countries/Eritrea/Mineral Rents (% of GDP)

Eritrea—Mineral Rents (% of GDP)

Category: EconomySource: World Bank World Development Indicators ↗Series years: 2000–2011
Latest Value
24.63%
2011
YoY Change
+63010.5%
2010 → 2011
Maximum
24.63%
2011
Minimum
0.00%
2002
CAGR
+69.0%
12 years
Last
24.63%
Previous
0.04%
Highest
24.63%
Lowest
0.00%
Unit
% of GDP
Source
World Bank World Development Indicators

Eritrea's mineral rents (% of GDP) was 24.63% in 2011. This represents a +63010.5% change from 2010. Over the past 12 years, the highest recorded value was 24.63% (2011) and the lowest was 0.00% (2002). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201124.63%+63010.5%
20100.04%+151.2%
20090.02%-12.4%
20080.02%+25.2%
20070.01%+4.9%
20060.01%+153.5%
20050.01%+42.0%
20040.00%
20030.00%
20020.00%-100.0%
20010.03%-62.4%
20000.08%

Top Countries — Mineral Rents (% of GDP)

#CountryValueYear
1DR Congo28.81%2021
2Zambia28.25%2021
3Mongolia26.57%2021
4New Caledonia16.78%2021
5Chile16.23%2021
6Mali16.18%2021
7Burkina Faso15.45%2021
8Papua New Guinea14.41%2021
9Peru12.10%2021
10Kyrgyzstan11.15%2021
View all 209 countries →

About This Indicator

Definition

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.

Methodology

Data compiled by The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, World Bank (WB), note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations..

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2011View original source →