Somalia—Total Natural Resources Rents (% of GDP)
Somalia's total natural resources rents (% of GDP) was 11.2% in 2021, ranking #43 out of 209 countries. This represents a -1.9% change from 2020. Over the past 9 years, the highest recorded value was 19.5% (2016) and the lowest was 10.7% (2019). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 11.2% | -1.9% |
| 2020 | 11.5% | +6.8% |
| 2019 | 10.7% | -8.6% |
| 2018 | 11.7% | -37.2% |
| 2017 | 18.7% | -4.3% |
| 2016 | 19.5% | +3.5% |
| 2015 | 18.9% | +3.2% |
| 2014 | 18.3% | +2.7% |
| 2013 | 17.8% |
Top Countries — Total Natural Resources Rents (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Libya | 61.0% | 2021 |
| 2 | Iraq | 43.4% | 2021 |
| 3 | DR Congo | 38.8% | 2021 |
| 4 | Republic of the Congo | 37.7% | 2021 |
| 5 | Zambia | 35.3% | 2021 |
| 6 | Timor-Leste | 34.7% | 2021 |
| 7 | Guyana | 33.7% | 2021 |
| 8 | Mongolia | 33.1% | 2021 |
| 9 | Iran | 30.4% | 2021 |
| 10 | Angola | 30.0% | 2021 |
About This Indicator
Definition
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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