Total Natural Resources Rents (As % of GDP) rose 18.3% to 7.21% in Australia in 2017

Total Natural Resources Rents (As % of GDP) (%), 2017
Metals & Mining | Australia | June 1, 2019
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Total natural resources rents as a percentage of GDP rose 18.3% to 7.21% in Australia in 2017, according to the National Statistical Office.

Historically, total natural resources rents as a percentage of GDP in Australia reached an all time high of 10.8% in 2011 and an all time low of 1.82% in 1970. When compared to Australia's main peers, total natural resources rents as a percentage of GDP in Indonesia amounted to 3.48%, 6.31% in Malaysia, 1.04% in New Zealand and 21.8% in Papua New Guinea in 2017.

Australia has been ranked 52nd within the group of 167 countries we follow in terms of total natural resources rents as a percentage of GDP, 11 places above the position seen 10 years ago.

Total Natural Resources Rents (As % of GDP) Unit 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 10.8% 7.59% 7.70% 7.34% 5.24%
Cambodia % 3.05% 2.29% 1.90% 2.77% 1.73%
Indonesia % 8.98% 6.91% 6.29% 5.16% 3.72%
Malaysia % 10.9% 10.5% 9.28% 9.07% 7.16%
New Zealand % 2.30% 1.98% 1.74% 1.55% 1.28%
Papua New Guinea % 28.5% 23.2% 18.4% 19.9% 21.0%
Philippines % 4.27% 3.17% 2.46% 3.17% 1.90%
Singapore % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
Thailand % 3.18% 3.09% 2.75% 2.86% 2.04%
Vietnam % 9.83% 8.04% 6.48% 5.78% 3.28%