In 2021, natural gas rents accounted for almost eight percent of Algeria's Gross Domestic Product (GDP). The country had the highest natural gas rents on the African continent in that year. Equatorial Guinea also relied significantly on the natural gas industry, as rents reached 6.63 percent of the economy. Libya followed with natural gas rents accounting for roughly 4.6 percent of the GDP.
Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country
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World Bank. (March 28, 2024). Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/
World Bank. "Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country." Chart. March 28, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/
World Bank. (2024). Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/
World Bank. "Natural Gas Rents as a Percentage of Gross Domestic Product (Gdp) in Africa in 2021, by Country." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/
World Bank, Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country Statista, https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/ (last visited November 18, 2024)
Natural gas rents as a percentage of Gross Domestic Product (GDP) in Africa in 2021, by country [Graph], World Bank, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/1300586/natural-gas-rents-as-a-share-of-gdp-in-africa-by-country/