Korea - Natural resources contribution to GDP

Coal rents (% of GDP)

Coal rents (% of GDP) in Korea was 0.02 as of 2011. Its highest value over the past 41 years was 1.22 in 1975, while its lowest value was 0.00 in 1999.

Definition: Coal rents are the difference between the value of both hard and soft coal production at world prices and their total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
1970 0.09
1971 0.24
1972 0.19
1973 0.11
1974 0.70
1975 1.22
1976 0.86
1977 0.74
1978 0.60
1979 0.38
1980 0.59
1981 0.94
1982 0.87
1983 0.50
1984 0.46
1985 0.48
1986 0.33
1987 0.13
1988 0.13
1989 0.12
1990 0.09
1991 0.07
1992 0.04
1993 0.02
1994 0.01
1995 0.01
1996 0.01
1997 0.01
1998 0.01
1999 0.00
2000 0.01
2001 0.02
2002 0.01
2003 0.00
2004 0.01
2005 0.01
2006 0.01
2007 0.01
2008 0.03
2009 0.01
2010 0.02
2011 0.02

Forest rents (% of GDP)

Forest rents (% of GDP) in Korea was 0.03 as of 2011. Its highest value over the past 41 years was 0.26 in 1971, while its lowest value was 0.02 in 2002.

Definition: Forest rents are roundwood harvest times the product of average prices and a region-specific rental rate.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
1970 0.25
1971 0.26
1972 0.23
1973 0.24
1974 0.22
1975 0.18
1976 0.15
1977 0.13
1978 0.10
1979 0.11
1980 0.13
1981 0.12
1982 0.11
1983 0.09
1984 0.07
1985 0.07
1986 0.06
1987 0.07
1988 0.05
1989 0.04
1990 0.03
1991 0.03
1992 0.03
1993 0.03
1994 0.03
1995 0.02
1996 0.02
1997 0.02
1998 0.03
1999 0.02
2000 0.02
2001 0.02
2002 0.02
2003 0.02
2004 0.02
2005 0.02
2006 0.02
2007 0.02
2008 0.03
2009 0.03
2010 0.03
2011 0.03

Mineral rents (% of GDP)

Mineral rents (% of GDP) in Korea was 0.02 as of 2011. Its highest value over the past 41 years was 0.19 in 1974, while its lowest value was 0.00 in 2001.

Definition: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
1970 0.05
1971 0.03
1972 0.03
1973 0.17
1974 0.19
1975 0.04
1976 0.03
1977 0.03
1978 0.01
1979 0.02
1980 0.05
1981 0.02
1982 0.02
1983 0.03
1984 0.02
1985 0.02
1986 0.02
1987 0.03
1988 0.07
1989 0.06
1990 0.03
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.01
2003 0.01
2004 0.00
2005 0.00
2006 0.00
2007 0.01
2008 0.01
2009 0.01
2010 0.01
2011 0.02

Natural gas rents (% of GDP)

Natural gas rents (% of GDP) in Korea was 0.01 as of 2011. Its highest value over the past 6 years was 0.01 in 2005, while its lowest value was 0.01 in 2011.

Definition: Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
2005 0.01
2006 0.01
2007 0.01
2008 0.01
2009 0.01
2010 0.01
2011 0.01

Oil rents (% of GDP)

Oil rents (% of GDP) in Korea was 0.00 as of 2011. Its highest value over the past 13 years was 0.09 in 1999, while its lowest value was 0.00 in 2007.

Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
1998 0.09
1999 0.09
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 0.00
2011 0.00

Total natural resources rents (% of GDP)

Total natural resources rents (% of GDP) in Korea was 0.07 as of 2011. Its highest value over the past 41 years was 1.44 in 1975, while its lowest value was 0.03 in 2002.

Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Source: Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" (World Bank, 2011).

Year Value
1970 0.39
1971 0.53
1972 0.45
1973 0.53
1974 1.11
1975 1.44
1976 1.04
1977 0.89
1978 0.72
1979 0.51
1980 0.77
1981 1.08
1982 1.00
1983 0.62
1984 0.55
1985 0.57
1986 0.41
1987 0.22
1988 0.24
1989 0.22
1990 0.15
1991 0.10
1992 0.07
1993 0.05
1994 0.04
1995 0.04
1996 0.03
1997 0.03
1998 0.12
1999 0.12
2000 0.03
2001 0.04
2002 0.03
2003 0.03
2004 0.03
2005 0.05
2006 0.04
2007 0.05
2008 0.08
2009 0.07
2010 0.07
2011 0.07

Classification

Topic: Environment Indicators

Sub-Topic: Natural resources contribution to GDP