Natural gas rents as a percentage of GDP reached 0.100 % in 2017 in China, according to EIA. This is 11.4 % more than in the previous year.
Historically, natural gas rents as a percentage of GDP in China reached an all time high of 0.307 % in 1980 and an all time low of < 0.001 % in 1973. When compared to China's main peers, natural gas rents as a percentage of GDP in India amounted to 0.044 %, 0.006 % in Japan and 2.57 % in Russia in 2017.
China has been ranked 52nd within the group of 90 countries we follow in terms of natural gas rents as a percentage of GDP, 2 places above the position seen 10 years ago.
Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.