Natural gas rents (% of GDP)

This economic indicator represents the share of a nation's output attributed to natural gas production, highlighting the profitability and economic significance of this resource within a given economy. Specifically, it measures the surplus generated when the total revenues from natural gas extraction at prevailing regional prices exceed the cumulative costs of production. An increase in this ratio can signal a more robust energy sector, contributing positively to GDP and indicating effective resource management. Furthermore, it serves as a crucial benchmark for policymakers, investors, and stakeholders, as it reflects the potential for investments in infrastructure and exploration while also shedding light on the country's dependency on fossil fuels and its implications for sustainable development. Source: