Tanzania TZ: Mineral Rents: % of GDP

Tanzania TZ: Mineral Rents: % of GDP data was reported at 2.954 % in 2016. This records an increase from the previous number of 2.691 % for 2015. Tanzania TZ: Mineral Rents: % of GDP data is updated yearly, averaging 0.247 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 4.760 % in 2011 and a record low of 0.000 % in 1998. Tanzania TZ: Mineral Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Land Use, Protected Areas and National Wealth. 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.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

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