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Total Natural Resources Rents (As % of GDP) in Colombia

Source: World Bank
Last Updated: May 1, 2021

Total natural resources rents as a percentage of GDP reached 5.51 % in 2018 in Colombia, according to the National Statistical Office. This is 31.5 % more than in the previous year.

Historically, total natural resources rents as a percentage of GDP in Colombia reached an all time high of 9.60 % in 2011 and an all time low of 1.19 % in 1970. When compared to Colombia's main peers, total natural resources rents as a percentage of GDP in Brazil amounted to 4.64 % and 8.90 % in Peru in 2018.

Colombia has been ranked 62nd within the group of 167 countries we follow in terms of total natural resources rents as a percentage of GDP, 4 places above the position seen 10 years ago.

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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