Natural gas rents as a percentage of GDP reached 1.46 % in 1988 in Russia, according to EIA. This is 43.2 % less than in the previous year.
Historically, natural gas rents as a percentage of GDP in Russia reached an all time high of 8.73 % in 2001 and an all time low of 1.33 % in 1998. When compared to Russia's main peers, natural gas rents as a percentage of GDP in China amounted to 0.055 %, 0.019 % in Germany, < 0.001 % in Japan and 0.205 % in USA in 1988.
Russia has been ranked 3rd within the group of 67 countries we follow in terms of natural gas rents as a percentage of GDP.
Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.