How estimated natural gas rents changed in North Africa
Natural gas rents were estimated at 8.00% of GDP in Algeria and 2.05% in Egypt in 2021, the last common year in the source. The estimates for Tunisia and Morocco were below 0.5%.
Sources checked
North Africa Exchange Editorial Team
2021Natural gas rents by country
Algeria8 % of GDP
Egypt2.05 % of GDP
Tunisia0.49 % of GDP
Morocco0.01 % of GDP
The final source year is 2021. Historical points remain in the table.
The estimate rose from 2.91% of GDP in 2015 to 4.84% in 2020 and 8.00% in 2021. Algeria had previously reached 6.36% in 2000, so earlier points show substantial variation. Source 1
Egypt’s ratio also fluctuated
Egypt was estimated at 2.45% in 2007, 0.72% in 2015 and 2.05% in 2021. Tunisia was at 0.49% in 2021, while Morocco was below 0.01% at the source precision. Source 1
Rent measures value above extraction costs
The calculation uses production valued at regional prices and subtracts the estimated costs of producing the gas. Higher volumes, higher prices and lower costs can all affect the estimate. GDP changes can affect the share. Source 2
Government receipts require a separate source
Taxes, royalties and dividends depend on fiscal rules, contracts and ownership. The national-accounts rent estimate gives an economic surplus measure. Government budgets or extractive-revenue records can show what was collected. Source 2