Sub-Saharan Africa: mineral rents ratio to GDP

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

Characteristic	Share of GDP
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Release date

April 2022

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Region

Africa

Survey time period

2010 to 2020

Supplementary notes

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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