Venezuela—Natural Gas Rents (% of GDP)
Venezuela's natural gas rents (% of GDP) was 0.38% in 2014. This represents a -30.3% change from 2013. Over the past 15 years, the highest recorded value was 0.54% (2011) and the lowest was 0.19% (2010). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2014 | 0.38% | -30.3% |
| 2013 | 0.54% | +8.1% |
| 2012 | 0.50% | -7.5% |
| 2011 | 0.54% | +180.6% |
| 2010 | 0.19% | -35.9% |
| 2009 | 0.30% | +0.6% |
| 2008 | 0.30% | -25.9% |
| 2007 | 0.40% | -2.6% |
| 2006 | 0.42% | +15.3% |
| 2005 | 0.36% | +27.8% |
| 2004 | 0.28% | -26.2% |
| 2003 | 0.38% | -21.3% |
| 2002 | 0.49% | +23.3% |
| 2001 | 0.39% | -12.5% |
| 2000 | 0.45% |
Top Countries — Natural Gas Rents (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Timor-Leste | 29.38% | 2021 |
| 2 | Brunei | 13.86% | 2021 |
| 3 | Qatar | 12.01% | 2021 |
| 4 | Uzbekistan | 11.04% | 2021 |
| 5 | Papua New Guinea | 9.14% | 2021 |
| 6 | Iran | 8.81% | 2021 |
| 7 | Azerbaijan | 8.59% | 2021 |
| 8 | Algeria | 8.00% | 2021 |
| 9 | Turkmenistan | 7.65% | 2019 |
| 10 | Equatorial Guinea | 6.63% | 2021 |
About This Indicator
Definition
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
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