As of 2020, mineral rents in Sub-Saharan Africa represented nearly 2.6 percent of the region's GDP. This was the highest share within the period reviewed. In 2019, mineral rents in the region accounted for 0.47 percent of the GDP. Mineral rents show differences in the production value of mineral stocks and their corresponding production costs.
Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020
The source adds the following information: "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.''
Figures are rounded, and consider International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) countries.
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World Bank. (April 27, 2022). Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020 [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/
World Bank. "Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020." Chart. April 27, 2022. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/
World Bank. (2022). Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020. Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/
World Bank. "Mineral Rents as a Share of Gross Domestic Product (Gdp) in Sub-saharan Africa from 2010 to 2020." Statista, Statista Inc., 27 Apr 2022, https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/
World Bank, Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020 Statista, https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/ (last visited October 12, 2024)
Mineral rents as a share of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2020 [Graph], World Bank, April 27, 2022. [Online]. Available: https://www.statista.com/statistics/1305676/mineral-rents-as-share-of-gdp-in-sub-saharan-africa/