Natural resource rents, annual growth rate in South Korea

South Korea: Natural resource rents, annual growth rate was -56.02 % change on previous year in 2021. ◆ Volatile

Latest (2021)
-56.02 % change on previous year
Change on year
down 731.6%
World rank
188th
of 190 countries
All-time high
160.11 % change on previous year
in 1973
All-time low
-56.02 % change on previous year
in 2021
Years of data
51
1971–2021

Natural resource rents, annual growth rate in South Korea, 1971–2021

-50050100150197119962021

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

South Korea recorded -56.02 % change on previous year for natural resource rents, annual growth rate in 2021. That is the lowest value across all 51 years on record.

The figure is down 731.6% on the previous year and down 349.2% over ten years.

Over the whole period, natural resource rents, annual growth rate in South Korea peaked at 160.11 % change on previous year in 1973 and was at its lowest, -56.02 % change on previous year, in 2021.

That places South Korea 188th out of 190 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Natural resource rents, annual growth rate in South Korea, year by year

Annual values for Natural resource rents, annual growth rate in South Korea, 1971 to 2021.
Year % change on previous year Change
1971 -5.16 % change on previous year —
1972 -3.69 % change on previous year -28.4%
1973 160.11 % change on previous year -4436.6%
1974 22.43 % change on previous year -86.0%
1975 60.02 % change on previous year +167.5%
1976 -27.24 % change on previous year -145.4%
1977 -15.32 % change on previous year -43.8%
1978 -35.88 % change on previous year +134.2%
1979 -14.02 % change on previous year -60.9%
1980 68.36 % change on previous year -587.5%
1981 39.02 % change on previous year -42.9%
1982 0.8045 % change on previous year -97.9%
1983 -50.5 % change on previous year -6376.9%
1984 -33.62 % change on previous year -33.4%
1985 22.12 % change on previous year -165.8%
1986 -42.53 % change on previous year -292.2%
1987 -53.69 % change on previous year +26.2%
1988 75.4 % change on previous year -240.4%
1989 -6.7 % change on previous year -108.9%
1990 -36.21 % change on previous year +440.6%
1991 -45.26 % change on previous year +25.0%
1992 -28.93 % change on previous year -36.1%
1993 -35.26 % change on previous year +21.9%
1994 3.12 % change on previous year -108.9%
1995 57.88 % change on previous year +1754.9%
1996 -20.47 % change on previous year -135.4%
1997 9.96 % change on previous year -148.7%
1998 62 % change on previous year +522.2%
1999 -29.06 % change on previous year -146.9%
2000 26.86 % change on previous year -192.5%
2001 9.71 % change on previous year -63.9%
2002 -20.8 % change on previous year -314.2%
2003 8.4 % change on previous year -140.4%
2004 -9.99 % change on previous year -218.9%
2005 12.89 % change on previous year -229.0%
2006 6.79 % change on previous year -47.3%
2007 16.28 % change on previous year +139.7%
2008 72.62 % change on previous year +346.1%
2009 -23.11 % change on previous year -131.8%
2010 28.84 % change on previous year -224.8%
2011 22.48 % change on previous year -22.1%
2012 10.28 % change on previous year -54.3%
2013 -28.22 % change on previous year -374.4%
2014 -11.47 % change on previous year -59.4%
2015 -42.65 % change on previous year +271.9%
2016 -9.9 % change on previous year -76.8%
2017 16.59 % change on previous year -267.6%
2018 22.07 % change on previous year +33.0%
2019 157.74 % change on previous year +614.8%
2020 -6.74 % change on previous year -104.3%
2021 -56.02 % change on previous year +731.6%

South Korea compared with similar countries

  • South Korea's -56.02 % change on previous year is below the median for high income countries, which is 45.5 % change on previous year. (65 countries reporting)
  • South Korea's -56.02 % change on previous year is below the median for East Asia & Pacific, which is 11.81 % change on previous year. (29 countries reporting)

Biggest year-on-year movements

Years where Natural resource rents, annual growth rate in South Korea 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.

YearChange FromTo
1983 -6376.9% 0.8045 % change on previous year -50.5 % change on previous year
1973 +4436.6% -3.69 % change on previous year 160.11 % change on previous year
1995 +1754.9% 3.12 % change on previous year 57.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.69 % change on previous year -35.88 % change on previous year 160.11 % change on previous year 9
1980s 1.87 % change on previous year -53.69 % change on previous year 75.4 % change on previous year 10
1990s -6.22 % change on previous year -45.26 % change on previous year 62 % change on previous year 10
2000s 9.97 % change on previous year -23.11 % change on previous year 72.62 % change on previous year 10
2010s 16.58 % change on previous year -42.65 % change on previous year 157.74 % change on previous year 10
2020s -31.38 % change on previous year -56.02 % change on previous year -6.74 % change on previous year 2

Countries ranked near South Korea

  1. 185 Haiti -43.3 % change on previous year compare
  2. 186 Japan -51.23 % change on previous year compare
  3. 187 South Sudan -54.13 % change on previous year compare
  4. 189 Greenland -100 % change on previous year compare
  5. 189 Malta -100 % change on previous year compare

See the full ranking of 190 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is natural resource rents, annual growth rate in South Korea?
Natural resource rents, annual growth rate in South Korea was -56.02 % change on previous year in 2021, according to Statizoid (derived).
What is the highest natural resource rents, annual growth rate recorded in South Korea?
The highest recorded value was 160.11 % change on previous year in 1973.
What is the lowest natural resource rents, annual growth rate recorded in South Korea?
The lowest recorded value was -56.02 % change on previous year in 2021.
How does South Korea rank for natural resource rents, annual growth rate?
South Korea ranks 188th out of 190 countries with data for 2021.
Is natural resource rents, annual growth rate rising or falling in South Korea?
Over the last ten years it is down 349.2%. The long-run trend across the full record is volatile.
Where does this South Korea 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.

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Natural resource rents, annual growth rate in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 13 November 2026, from https://reference.statizoid.com/stat/natural-resource-rents-annual-growth-rate/korea-rep/

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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

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

Indicator
Natural resource rents, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 8,175 data points, 1971–2021
Last refreshed

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.