Natural gas rents as a percentage of GDP reached 0.006 % in 2017 in Japan, according to EIA. This is 19.3 % more than in the previous year.
Historically, natural gas rents as a percentage of GDP in Japan reached an all time high of 0.013 % in 1971 and an all time low of < 0.001 % in 1973. When compared to Japan's main peers, natural gas rents as a percentage of GDP in China amounted to 0.100 %, 2.57 % in Russia and 0.001 % in South Korea in 2017.
Japan has been ranked 80th within the group of 90 countries we follow in terms of natural gas rents as a percentage of GDP, 7 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.