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Total Natural Resources Rents (As % of GDP) rose 4.79% to 7.50% in Australia in 2018

Total Natural Resources Rents (As % of GDP) (%), 2018
Metals & Mining | Australia | January 1, 2021
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Total natural resources rents as a percentage of GDP rose 4.79% to 7.50% in Australia in 2018, according to the National Statistical Office.

Historically, total natural resources rents as a percentage of GDP in Australia reached an all time high of 10.7% 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 4.78%, 7.54% in Malaysia, 1.32% in New Zealand and 24.5% in Papua New Guinea in 2018.

Australia has been ranked 49th within the group of 165 countries we follow in terms of total natural resources rents as a percentage of GDP, 10 places above the position seen 10 years ago.

Total Natural Resources Rents (As % of GDP) Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Australia % 7.60% 7.68% 7.32% 5.26% 6.12%
Cambodia % 2.29% 1.90% 2.55% 1.83% 1.87%
Indonesia % 6.90% 6.29% 5.15% 3.71% 3.06%
Malaysia % 9.77% 8.88% 8.69% 6.82% 5.26%
New Zealand % 1.96% 1.73% 1.55% 1.36% 1.08%
Papua New Guinea % 23.2% 18.4% 21.0% 20.1% 20.4%
Philippines % 2.48% 1.92% 2.54% 1.66% 1.18%
Singapore % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
Thailand % 3.08% 2.82% 2.90% 2.06% 1.61%
Vietnam % 9.32% 7.73% 7.11% 4.44% 3.61%