Caribbean small states's total natural resources rents (% of GDP) was 7.89% in 2021, the latest year in the World Bank's World Development Indicators. That is down 5.41 percentage points from 13.3% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 7.89% | 2021 |
| Five years earlier | 3.82% | 2016 |
| Ten years earlier | 13.3% | 2011 |
| Highest | 20.73% | 1980 |
| Lowest | 2.71% | 1998 |
| Average since 2012 | 6.81% | 2012–2021 |
| First recorded | 5.58% | 1970 |
What the numbers say
In 2021, Caribbean small states' total natural resources rents (% of GDP) rose 3.87 percentage points on 2020 (from 4.02% to 7.89%).
Across the 30 yearly changes before that (1991 to 2020), the average change was −0.17 percentage points and a typical year strayed about 1.76 percentage points from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 17.6 percentage points in 1980 and the biggest yearly fall was 9.28 percentage points in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is downward, about 0.65 percentage points a year. A straight line explains 38% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Caribbean small states | 7.89% | 2021 |
| World | 3.06% | 2021 |
What this measures
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 52 values
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 2021 | 7.89 |
| 2020 | 4.02 |
| 2019 | 5.17 |
| 2018 | 5.5 |
| 2017 | 4.57 |
| 2016 | 3.82 |
| 2015 | 4.28 |
| 2014 | 9.06 |
| 2013 | 11.5 |
| 2012 | 12.29 |
| 2011 |
Total natural resources rents (% of GDP) in nearby economies
- Afghanistan — 0.43% (2021)
- Algeria — 22.59% (2021)
- Bahrain — 16.64% (2021)
- Djibouti — 0.28% (2021)
- Egypt, Arab Rep. — 5.14% (2021)
- Iran, Islamic Rep. — 30.45% (2021)
- Iraq — 43.45% (2021)
- Israel — 0.44% (2021)
- Jordan — 0.08% (2021)
- Kuwait — 29.28% (2020)
More environment data for Caribbean small states
- Rural population — 2.27 million (2025)
- Rural population (% of total population) — 49.9% (2025)
- Urban population — 2.28 million (2025)
- Urban population (% of total population) — 50.1% (2025)
- Aquaculture production (metric tons) — 2,361 (2024)
- Capture fisheries production (metric tons) — 310,432 (2024)
- Total fisheries production (metric tons) — 312,793 (2024)
- Rural population growth (annual %) — 0.38% (2025)
- Urban population growth (annual %) — 0.39% (2025)
Reading data like this
Questions people ask
- What is Caribbean small states's total natural resources rents (% of GDP)?
- 7.89% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 2.31 percentage points from 5.58% in 1970. The highest value was 20.73% in 1980 and the lowest 2.71% in 1998.
- Is the latest change in total natural resources rents (% of GDP) unusual for Caribbean small states?
- In 2021, Caribbean small states' total natural resources rents (% of GDP) rose 3.87 percentage points on 2020 (from 4.02% to 7.89%). Across the 30 yearly changes before that (1991 to 2020), the average change was −0.17 percentage points and a typical year strayed about 1.76 percentage points from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.GDP.TOTL.RT.ZS, licensed CC BY 4.0. Original source: 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, Wo… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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