Natural resource rents, annual growth rate in Georgia
Georgia: Natural resource rents, annual growth rate was 50.13 % change on previous year in 2021. ◆ Volatile
Natural resource rents, annual growth rate in Georgia, 1991–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Georgia recorded 50.13 % change on previous year for natural resource rents, annual growth rate in 2021.
The figure is down 6.0% on the previous year and up 19.7% over ten years.
Over the whole period, natural resource rents, annual growth rate in Georgia peaked at 171.4 % change on previous year in 1999 and was at its lowest, -48.05 % change on previous year, in 1991.
That places Georgia 86th out of 190 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents, annual growth rate in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -48.05 % change on previous year | — |
| 1992 | 79.34 % change on previous year | -265.1% |
| 1993 | -27.86 % change on previous year | -135.1% |
| 1994 | -41.41 % change on previous year | +48.6% |
| 1995 | 60.8 % change on previous year | -246.8% |
| 1996 | 8.51 % change on previous year | -86.0% |
| 1997 | -17.83 % change on previous year | -309.4% |
| 1998 | -46.48 % change on previous year | +160.7% |
| 1999 | 171.4 % change on previous year | -468.8% |
| 2000 | 42.42 % change on previous year | -75.3% |
| 2001 | -30.24 % change on previous year | -171.3% |
| 2002 | 3.2 % change on previous year | -110.6% |
| 2003 | 38.48 % change on previous year | +1103.1% |
| 2004 | 3.31 % change on previous year | -91.4% |
| 2005 | -4.23 % change on previous year | -227.6% |
| 2006 | 23.16 % change on previous year | -647.7% |
| 2007 | -3.6 % change on previous year | -115.6% |
| 2008 | -14.93 % change on previous year | +314.2% |
| 2009 | 1.2 % change on previous year | -108.0% |
| 2010 | 68.9 % change on previous year | +5664.9% |
| 2011 | 41.87 % change on previous year | -39.2% |
| 2012 | -42.89 % change on previous year | -202.4% |
| 2013 | -26.48 % change on previous year | -38.2% |
| 2014 | -34.51 % change on previous year | +30.3% |
| 2015 | 2.3 % change on previous year | -106.7% |
| 2016 | 7.18 % change on previous year | +211.6% |
| 2017 | -17.49 % change on previous year | -343.6% |
| 2018 | -4.46 % change on previous year | -74.5% |
| 2019 | 33.77 % change on previous year | -856.7% |
| 2020 | 53.33 % change on previous year | +57.9% |
| 2021 | 50.13 % change on previous year | -6.0% |
Georgia compared with similar countries
- Georgia's 50.13 % change on previous year is below the median for upper middle income countries, which is 52.41 % change on previous year, 96% of the median. (55 countries reporting)
- Georgia's 50.13 % change on previous year is below the median for Europe & Central Asia, which is 59.26 % change on previous year, 85% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Natural resource rents, annual growth rate in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +5664.9% | 1.2 % change on previous year | 68.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.38 % change on previous year | -48.05 % change on previous year | 171.4 % change on previous year | 9 |
| 2000s | 5.88 % change on previous year | -30.24 % change on previous year | 42.42 % change on previous year | 10 |
| 2010s | 2.82 % change on previous year | -42.89 % change on previous year | 68.9 % change on previous year | 10 |
| 2020s | 51.73 % change on previous year | 50.13 % change on previous year | 53.33 % change on previous year | 2 |
Countries ranked near Georgia
- 83 Cape Verde 52.45 % change on previous year compare
- 84 Malaysia 52.41 % change on previous year compare
- 85 Jordan 50.29 % change on previous year compare
- 87 Bulgaria 48.28 % change on previous year compare
- 88 Angola 48 % change on previous year compare
- 89 Saudi Arabia 47.62 % change on previous year compare
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
Frequently asked questions
- What is natural resource rents, annual growth rate in Georgia?
- Natural resource rents, annual growth rate in Georgia was 50.13 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest natural resource rents, annual growth rate recorded in Georgia?
- The highest recorded value was 171.4 % change on previous year in 1999.
- What is the lowest natural resource rents, annual growth rate recorded in Georgia?
- The lowest recorded value was -48.05 % change on previous year in 1991.
- How does Georgia rank for natural resource rents, annual growth rate?
- Georgia ranks 86th out of 190 countries with data for 2021.
- Is natural resource rents, annual growth rate rising or falling in Georgia?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Natural resource rents, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Natural resource rents Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.