Venezuela - Natural resources contribution to GDP

Coal rents (% of GDP)

Coal rents (% of GDP) in Venezuela was 0.006 as of 2014. Its highest value over the past 43 years was 0.133 in 2004, while its lowest value was 0.000 in 1971.

Definition: Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1971 0.000
1972 0.000
1973 0.000
1974 0.001
1975 0.003
1976 0.003
1977 0.004
1978 0.002
1979 0.001
1980 0.001
1981 0.002
1982 0.002
1983 0.001
1984 0.001
1985 0.001
1986 0.000
1987 0.000
1988 0.001
1989 0.020
1990 0.021
1991 0.017
1992 0.006
1993 0.000
1994 0.000
1995 0.005
1996 0.001
1997 0.000
1998 0.000
1999 0.000
2000 0.000
2001 0.003
2002 0.000
2003 0.000
2004 0.133
2005 0.060
2006 0.051
2007 0.074
2008 0.130
2009 0.018
2010 0.032
2011 0.044
2012 0.013
2013 0.008
2014 0.006

Forest rents (% of GDP)

Forest rents (% of GDP) in Venezuela was 0.054 as of 2014. Its highest value over the past 44 years was 0.123 in 1992, while its lowest value was 0.037 in 1985.

Definition: Forest rents are roundwood harvest times the product of average prices and a region-specific rental rate.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.074
1971 0.064
1972 0.077
1973 0.100
1974 0.073
1975 0.096
1976 0.076
1977 0.090
1978 0.092
1979 0.102
1980 0.087
1981 0.066
1982 0.104
1983 0.072
1984 0.038
1985 0.037
1986 0.050
1987 0.089
1988 0.073
1989 0.097
1990 0.121
1991 0.113
1992 0.123
1993 0.120
1994 0.113
1995 0.104
1996 0.104
1997 0.095
1998 0.077
1999 0.079
2000 0.046
2001 0.044
2002 0.073
2003 0.073
2004 0.058
2005 0.044
2006 0.050
2007 0.049
2008 0.041
2009 0.038
2010 0.055
2011 0.060
2012 0.047
2013 0.058
2014 0.054

Mineral rents (% of GDP)

Mineral rents (% of GDP) in Venezuela was 0.105 as of 2014. Its highest value over the past 44 years was 0.963 in 2007, while its lowest value was 0.068 in 1999.

Definition: 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.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.593
1971 0.502
1972 0.389
1973 0.335
1974 0.368
1975 0.491
1976 0.512
1977 0.343
1978 0.233
1979 0.238
1980 0.273
1981 0.233
1982 0.224
1983 0.158
1984 0.209
1985 0.233
1986 0.215
1987 0.251
1988 0.190
1989 0.354
1990 0.455
1991 0.452
1992 0.333
1993 0.244
1994 0.289
1995 0.159
1996 0.281
1997 0.175
1998 0.176
1999 0.068
2000 0.079
2001 0.085
2002 0.148
2003 0.262
2004 0.250
2005 0.690
2006 0.729
2007 0.963
2008 0.771
2009 0.222
2010 0.405
2011 0.680
2012 0.280
2013 0.236
2014 0.105

Natural gas rents (% of GDP)

Natural gas rents (% of GDP) in Venezuela was 0.317 as of 2014. Its highest value over the past 44 years was 0.637 in 2002, while its lowest value was 0.051 in 1972.

Definition: Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 0.068
1971 0.069
1972 0.051
1973 0.057
1974 0.083
1975 0.171
1976 0.160
1977 0.059
1978 0.070
1979 0.269
1980 0.417
1981 0.301
1982 0.134
1983 0.352
1984 0.375
1985 0.376
1986 0.388
1987 0.344
1988 0.285
1989 0.513
1990 0.613
1991 0.538
1992 0.411
1993 0.506
1994 0.469
1995 0.391
1996 0.554
1997 0.511
1998 0.423
1999 0.395
2000 0.498
2001 0.519
2002 0.637
2003 0.620
2004 0.548
2005 0.533
2006 0.603
2007 0.540
2008 0.410
2009 0.400
2010 0.274
2011 0.524
2012 0.526
2013 0.541
2014 0.317

Oil rents (% of GDP)

Oil rents (% of GDP) in Venezuela was 11.36 as of 2014. Its highest value over the past 44 years was 37.48 in 1979, while its lowest value was 7.00 in 1970.

Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 7.00
1971 8.65
1972 8.41
1973 11.89
1974 35.43
1975 25.54
1976 23.73
1977 17.38
1978 16.70
1979 37.48
1980 35.19
1981 25.50
1982 14.17
1983 17.61
1984 19.23
1985 16.89
1986 8.29
1987 16.85
1988 10.46
1989 21.64
1990 30.05
1991 17.27
1992 16.50
1993 16.56
1994 16.52
1995 14.71
1996 22.72
1997 16.97
1998 8.52
1999 12.61
2000 19.72
2001 13.95
2002 18.44
2003 23.35
2004 26.80
2005 30.96
2006 29.35
2007 23.35
2008 23.16
2009 10.39
2010 11.66
2011 21.54
2012 17.04
2013 16.37
2014 11.36

Total natural resources rents (% of GDP)

Total natural resources rents (% of GDP) in Venezuela was 11.84 as of 2014. Its highest value over the past 44 years was 38.09 in 1979, while its lowest value was 7.74 in 1970.

Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

See also:

Year Value
1970 7.74
1971 9.28
1972 8.93
1973 12.38
1974 35.95
1975 26.31
1976 24.48
1977 17.88
1978 17.10
1979 38.09
1980 35.97
1981 26.10
1982 14.63
1983 18.20
1984 19.85
1985 17.53
1986 8.94
1987 17.53
1988 11.01
1989 22.62
1990 31.26
1991 18.39
1992 17.38
1993 17.43
1994 17.39
1995 15.37
1996 23.66
1997 17.75
1998 9.20
1999 13.16
2000 20.35
2001 14.61
2002 19.30
2003 24.30
2004 27.79
2005 32.28
2006 30.78
2007 24.98
2008 24.51
2009 11.07
2010 12.43
2011 22.85
2012 17.91
2013 17.22
2014 11.84

Classification

Topic: Environment Indicators

Sub-Topic: Natural resources contribution to GDP