Natural resource rents in South Korea
South Korea: Natural resource rents was 0.0498 in 2021. ◆ Volatile
Latest (2021)
0.0498
Change on year
down 56.0%
World rank
164th
of 211 countries
All-time high
0.7861
in 1975
All-time low
0.0177
in 1993
Years of data
52
1970–2021
Natural resource rents in South Korea, 1970–2021
Source: Our World in Data.
Analysis
The most recent figure for natural resource rents in South Korea is 0.0498, measured in 2021.
Compared with earlier readings it is down 56.0% on the previous year and down 45.5% over ten years.
Over the whole period, natural resource rents in South Korea peaked at 0.7861 in 1975 and was at its lowest, 0.0177, in 1993.
That places South Korea 164th out of 211 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 in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1689 | — |
| 1971 | 0.1602 | -5.2% |
| 1972 | 0.1543 | -3.7% |
| 1973 | 0.4013 | +160.1% |
| 1974 | 0.4913 | +22.4% |
| 1975 | 0.7861 | +60.0% |
| 1976 | 0.572 | -27.2% |
| 1977 | 0.4843 | -15.3% |
| 1978 | 0.3106 | -35.9% |
| 1979 | 0.267 | -14.0% |
| 1980 | 0.4496 | +68.4% |
| 1981 | 0.625 | +39.0% |
| 1982 | 0.63 | +0.8% |
| 1983 | 0.3119 | -50.5% |
| 1984 | 0.207 | -33.6% |
| 1985 | 0.2528 | +22.1% |
| 1986 | 0.1453 | -42.5% |
| 1987 | 0.0673 | -53.7% |
| 1988 | 0.118 | +75.4% |
| 1989 | 0.1101 | -6.7% |
| 1990 | 0.0702 | -36.2% |
| 1991 | 0.0384 | -45.3% |
| 1992 | 0.0273 | -28.9% |
| 1993 | 0.0177 | -35.3% |
| 1994 | 0.0182 | +3.1% |
| 1995 | 0.0288 | +57.9% |
| 1996 | 0.0229 | -20.5% |
| 1997 | 0.0252 | +10.0% |
| 1998 | 0.0408 | +62.0% |
| 1999 | 0.0289 | -29.1% |
| 2000 | 0.0367 | +26.9% |
| 2001 | 0.0403 | +9.7% |
| 2002 | 0.0319 | -20.8% |
| 2003 | 0.0346 | +8.4% |
| 2004 | 0.0311 | -10.0% |
| 2005 | 0.0351 | +12.9% |
| 2006 | 0.0375 | +6.8% |
| 2007 | 0.0436 | +16.3% |
| 2008 | 0.0753 | +72.6% |
| 2009 | 0.0579 | -23.1% |
| 2010 | 0.0746 | +28.8% |
| 2011 | 0.0914 | +22.5% |
| 2012 | 0.1008 | +10.3% |
| 2013 | 0.0724 | -28.2% |
| 2014 | 0.0641 | -11.5% |
| 2015 | 0.0367 | -42.6% |
| 2016 | 0.0331 | -9.9% |
| 2017 | 0.0386 | +16.6% |
| 2018 | 0.0471 | +22.1% |
| 2019 | 0.1215 | +157.7% |
| 2020 | 0.1133 | -6.7% |
| 2021 | 0.0498 | -56.0% |
South Korea compared with similar countries
- South Korea's 0.0498 is below the median for high income countries, which is 0.1193, 42% of the median. (82 countries reporting)
- South Korea's 0.0498 is below the median for East Asia & Pacific, which is 0.7017, 7% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3796 | 0.1543 | 0.7861 | 10 |
| 1980s | 0.2917 | 0.0673 | 0.63 | 10 |
| 1990s | 0.0319 | 0.0177 | 0.0702 | 10 |
| 2000s | 0.0424 | 0.0311 | 0.0753 | 10 |
| 2010s | 0.068 | 0.0331 | 0.1215 | 10 |
| 2020s | 0.0815 | 0.0498 | 0.1133 | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 31.73 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 880.21 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 12,007 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 6,875 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 2,038 (2050)
Frequently asked questions
- What is natural resource rents in South Korea?
- Natural resource rents in South Korea was 0.0498 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in South Korea?
- The highest recorded value was 0.7861 in 1975.
- What is the lowest natural resource rents recorded in South Korea?
- The lowest recorded value was 0.0177 in 1993.
- How does South Korea rank for natural resource rents?
- South Korea ranks 164th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in South Korea?
- Over the last ten years it is down 45.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).