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

Source: World Bank
Last Updated: May 1, 2021

Total natural resources rents as a percentage of GDP reached 19.7 % in 2018 in Guyana, according to the National Statistical Office. This is 6.39 % less than in the previous year.

Historically, total natural resources rents as a percentage of GDP in Guyana reached an all time high of 34.2 % in 1982 and an all time low of 10.5 % in 2002. When compared to Guyana's main peers, total natural resources rents as a percentage of GDP in Brazil amounted to 4.64 %, 29.2 % in Suriname and 10.6 % in Trinidad and Tobago in 2018.

Guyana has been ranked 23rd within the group of 167 countries we follow in terms of total natural resources rents as a percentage of GDP, 20 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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