Barbados: Natural resources income
* indicates monthly or quarterly data series
Barbados |
Income from natural resources, percent of GDP |
---|---|
Latest value | 0.33 |
Year | 2021 |
Measure | percent |
Data availability | 1974 - 2021 |
Average | 0.34 |
Min - Max | 0.10 - 0.88 |
Source | The World Bank |
The latest value from 2021 is 0.33 percent, an increase from 0.14 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Barbados from 1974 to 2021 is 0.34 percent. The minimum value, 0.1 percent, was reached in 2016 while the maximum of 0.88 percent was recorded in 1979.
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The natural resources include oil, natural gas, coal, minerals, and the forest.
Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gasoline prices | 1.81 | 2014 | dollars |
Diesel prices | 1.44 | 2014 | dollars |
Energy use per capita | 1,477.28 | 2007 | kilograms of oil equivalent |
Share of clean energy | 5.50 | 2022 | percent |
Energy use per $1000 GDP | 80.18 | 2007 | kilograms of oil equivalent |
Carbon dioxide (CO2) emissions | 1,096 | 2020 | kt |
Carbon dioxide (CO2) emissions per capita | 3.90 | 2020 | metric tons |
Greenhouse gas emissions | 3,656 | 2020 | kt of CO2 equivalent |
GDP per unit of energy | 11.72 | 2007 | GDP per kg of oil equivalent |
Natural resources income | 0.33 | 2021 | percent |
Oil revenue | 0.31 | 2021 | percent |
Natural gas revenue | 0.01 | 2021 | percent |
Access to electricity | 100.00 | 2022 | percent |