Venezuela—Mineral Rents (% of GDP)
Venezuela's mineral rents (% of GDP) was 0.11% in 2014. This represents a -55.3% change from 2013. Over the past 15 years, the highest recorded value was 0.96% (2007) and the lowest was 0.08% (2000). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2014 | 0.11% | -55.3% |
| 2013 | 0.24% | -15.9% |
| 2012 | 0.28% | -58.8% |
| 2011 | 0.68% | +68.2% |
| 2010 | 0.40% | +82.1% |
| 2009 | 0.22% | -71.2% |
| 2008 | 0.77% | -19.9% |
| 2007 | 0.96% | +32.0% |
| 2006 | 0.73% | +5.8% |
| 2005 | 0.69% | +175.5% |
| 2004 | 0.25% | -4.5% |
| 2003 | 0.26% | +77.6% |
| 2002 | 0.15% | +74.1% |
| 2001 | 0.08% | +7.2% |
| 2000 | 0.08% |
Top Countries — Mineral Rents (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | DR Congo | 28.81% | 2021 |
| 2 | Zambia | 28.25% | 2021 |
| 3 | Mongolia | 26.57% | 2021 |
| 4 | New Caledonia | 16.78% | 2021 |
| 5 | Chile | 16.23% | 2021 |
| 6 | Mali | 16.18% | 2021 |
| 7 | Burkina Faso | 15.45% | 2021 |
| 8 | Papua New Guinea | 14.41% | 2021 |
| 9 | Peru | 12.10% | 2021 |
| 10 | Kyrgyzstan | 11.15% | 2021 |
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