Somalia vs Venezuela: Total natural resource rents
Somalia
11.2%
in 2021
Venezuela
11.8%
in 2014
Somalia rank
46th
Venezuela rank
43rd
Total natural resource rents over time
- Somalia
- Venezuela
How they compare
Venezuela currently reports 11.8% against 11.2% in Somalia, a difference of 0.6%.
That makes Venezuela's figure about 1.1 times Somalia's.
The two have swapped places 5 times across 23 shared years of data; in 1970 it was Venezuela ahead.
Somalia ranks 46th and Venezuela ranks 43rd of 211 countries.
Across the 4 decades both report, Somalia averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Somalia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.4% | 18.1% | 10.7% | Venezuela |
| 1980s | 10.8% | 18.0% | 7.2% | Venezuela |
| 1990s | 13.5% | 29.3% | 15.8% | Venezuela |
| 2010s | 18.1% | 14.7% | 3.3% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total natural resource rents, Somalia or Venezuela?
- Venezuela, at 11.8% against 11.2% in Somalia as of 2014.
- What is the difference in total natural resource rents between Somalia and Venezuela?
- 0.6%, with Venezuela ahead.
- How many years of comparable data are there for Somalia and Venezuela?
- 23 years are reported by both, from 1970 to 2014.
- How do Somalia and Venezuela rank globally for total natural resource rents?
- Somalia ranks 46th and Venezuela ranks 43rd 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.