Total natural resource rents in Armenia

Armenia: Total natural resource rents was 7.1% in 2021. ◆ Volatile

Latest (2021)
7.1%
Change on year
up 191.3%
World rank
62nd
of 211 countries
All-time high
7.1%
in 2021
All-time low
0.0%
in 1990
Years of data
32
1990–2021

Total natural resource rents in Armenia, 1990–2021

024681990200520211990: 0 % of GDP1991: 0 % of GDP1992: 0.265 % of GDP1993: 0.269 % of GDP1994: 0.464 % of GDP1995: 0.587 % of GDP1996: 0.315 % of GDP1997: 0.326 % of GDP1998: 0.115 % of GDP1999: 0.177 % of GDP2000: 0.293 % of GDP2001: 0.3 % of GDP2002: 0.591 % of GDP2003: 0.033 % of GDP2004: 0.022 % of GDP2005: 0.01 % of GDP2006: 0.016 % of GDP2007: 0.009 % of GDP2008: 0.213 % of GDP2009: 0.374 % of GDP2010: 2.7 % of GDP2011: 2.9 % of GDP2012: 1.5 % of GDP2013: 1.1 % of GDP2014: 0.307 % of GDP2015: 0.76 % of GDP2016: 0.222 % of GDP2017: 0.246 % of GDP2018: 1.1 % of GDP2019: 2.2 % of GDP2020: 2.4 % of GDP2021: 7.1 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for total natural resource rents in Armenia is 7.1%, measured in 2021. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 191.3% on the previous year and up 141.3% over ten years.

Over the whole period, total natural resource rents in Armenia peaked at 7.1% in 2021 and was at its lowest, 0.0%, in 1990.

That places Armenia 62nd out of 211 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3% 0.0% 0.6% 10
2000s 0.2% 0.0% 0.6% 10
2010s 1.3% 0.2% 2.9% 10
2020s 4.7% 2.4% 7.1% 2

Countries ranked near Armenia

  1. 59 Ukraine 7.5% compare
  2. 60 Uganda 7.5% compare
  3. 61 South Africa 7.3% compare
  4. 63 Malaysia 6.9% compare
  5. 64 Ecuador 6.7% compare
  6. 65 Tanzania 6.7% compare

See the full ranking of 211 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is total natural resource rents in Armenia?
Total natural resource rents in Armenia was 7.1% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Armenia?
The highest recorded value was 7.1% in 2021.
What is the lowest total natural resource rents recorded in Armenia?
The lowest recorded value was 0.0% in 1990.
How does Armenia rank for total natural resource rents?
Armenia ranks 62nd out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Armenia?
Over the last ten years it is up 141.3%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.