Total natural resource rents in Somalia

Somalia: Total natural resource rents was 11.2% in 2021. ▲ Rising

Latest (2021)
11.2%
Change on year
down 1.9%
World rank
46th
of 211 countries
All-time high
19.5%
in 2016
All-time low
3.6%
in 1972
Years of data
30
1970–2021

Total natural resource rents in Somalia, 1970–2021

51015201970199520211970: 4.7 % of GDP1971: 4 % of GDP1972: 3.6 % of GDP1973: 5.2 % of GDP1974: 6.7 % of GDP1975: 5.9 % of GDP1976: 4.8 % of GDP1977: 14.3 % of GDP1978: 13.2 % of GDP1979: 12.2 % of GDP1980: 15.3 % of GDP1981: 12 % of GDP1982: 16 % of GDP1983: 11.4 % of GDP1984: 9.8 % of GDP1985: 6.3 % of GDP1986: 9.8 % of GDP1987: 8.7 % of GDP1988: 9.5 % of GDP1989: 9.2 % of GDP1990: 13.5 % of GDP2013: 17.8 % of GDP2014: 18.3 % of GDP2015: 18.9 % of GDP2016: 19.5 % of GDP2017: 18.7 % of GDP2018: 11.7 % of GDP2019: 10.7 % of GDP2020: 11.5 % of GDP2021: 11.2 % 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

In 2021, total natural resource rents in Somalia stood at 11.2%.

Compared with earlier readings it is down 1.9% on the previous year and down 36.9% over ten years.

Over the whole period, total natural resource rents in Somalia peaked at 19.5% in 2016 and was at its lowest, 3.6%, in 1972.

Somalia ranks 46th of 211 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.4% 3.6% 14.3% 10
1980s 10.8% 6.3% 16.0% 10
1990s 13.5% 13.5% 13.5% 1
2010s 16.5% 10.7% 19.5% 7
2020s 11.3% 11.2% 11.5% 2

Countries ranked near Somalia

  1. 43 Venezuela 11.8% compare
  2. 44 Kyrgyzstan 11.5% compare
  3. 45 Mauritania 11.4% compare
  4. 47 Guinea-Bissau 10.4% compare
  5. 48 Central African Republic 10.3% compare
  6. 49 Norway 10.0% compare

See the full ranking of 211 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is total natural resource rents in Somalia?
Total natural resource rents in Somalia was 11.2% 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 Somalia?
The highest recorded value was 19.5% in 2016.
What is the lowest total natural resource rents recorded in Somalia?
The lowest recorded value was 3.6% in 1972.
How does Somalia rank for total natural resource rents?
Somalia ranks 46th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Somalia?
Over the last ten years it is down 36.9%. The long-run trend across the full record is rising.
Where does this Somalia 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.

Download this data

CSV · JSON — 30 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.