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
02468197019952021

How they compare

Latvia currently reports 1.2% against 1.0% in Botswana, a difference of 0.1%.

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.

Individual pages

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

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.