Mineral rents (% of GDP)

This economic indicator quantifies the proportion of a country's gross domestic product derived from the net value generated by its mineral sector after accounting for production costs. It reflects the financial benefits accrued from extracting valuable resources such as tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate, valued at current world market prices. A higher percentage suggests a strong reliance on mineral wealth, which can lead to economic opportunities but may also expose nations to volatility in global commodity markets. Additionally, it highlights the importance of sustainable management and equitable distribution of these resources, as excessive focus on mineral rents can hinder diversification and long-term economic resilience. Source: