Total Natural Resources Rents (As % of GDP) fell to 0.049% in Italy in 2016

Total Natural Resources Rents (As % of GDP) (%)
Metals & Mining | Italy | May 17, 2019
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Total natural resources rents as a percentage of GDP reached 0.049 % in 2016 in Italy, according to the National Statistical Office. This is 40.7 % less than in the previous year.

Historically, total natural resources rents as a percentage of GDP in Italy reached an all time high of 0.210 % in 1980 and an all time low of 0.026 % in 1998. When compared to Italy's main peers, total natural resources rents as a percentage of GDP in Austria amounted to 0.113 %, 0.039 % in France, 0.273 % in Slovenia and 0.010 % in Switzerland in 2016.

Italy has been ranked 155th within the group of 171 countries we follow in terms of total natural resources rents as a percentage of GDP, 5 places behind the position seen 10 years ago.

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

Total Natural Resources Rents (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 0.276% 0.262% 0.238% 0.198% 0.134%
Belgium % 0.019% 0.019% 0.019% 0.020% 0.020%
Croatia % 1.39% 1.31% 1.16% 0.906% 0.695%
France % 0.055% 0.050% 0.048% 0.049% 0.041%
Germany % 0.220% 0.158% 0.114% 0.092% 0.072%
Hungary % 0.701% 0.641% 0.515% 0.403% 0.290%
Italy % 0.166% 0.187% 0.166% 0.144% 0.083%
Slovenia % 0.354% 0.243% 0.196% 0.259% 0.255%
Spain % 0.077% 0.082% 0.079% 0.080% 0.070%
Switzerland % 0.013% 0.011% 0.012% 0.013% 0.011%