Botswana vs Latvia: Total natural resource rents
Botswana
1.0%
in 2021
Latvia
1.2%
in 2021
Botswana rank
119th
Latvia rank
117th
Total natural resource rents over time
- Botswana
- Latvia
How they compare
Latvia currently reports 1.2% against 1.0% in Botswana, a difference of 0.2%.
That makes Latvia's figure about 1.1 times Botswana's.
The two have swapped places 2 times across 27 shared years of data; in 1995 it was Latvia ahead.
Botswana ranks 119th and Latvia ranks 117th of 211 countries.
Across the 4 decades both report, Botswana averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Botswana | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.4% | 2.4% | 0.9% | Latvia |
| 2000s | 3.2% | 1.5% | 1.7% | Botswana |
| 2010s | 1.3% | 1.2% | 0.1% | Botswana |
| 2020s | 0.9% | 1.2% | 0.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total natural resource rents, Botswana or Latvia?
- Latvia, at 1.2% against 1.0% in Botswana as of 2021.
- What is the difference in total natural resource rents between Botswana and Latvia?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Botswana and Latvia?
- 27 years are reported by both, from 1995 to 2021.
- How do Botswana and Latvia rank globally for total natural resource rents?
- Botswana ranks 119th and Latvia ranks 117th of 211 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as Total natural resource rents. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.