Oil rents (% of GDP) by country

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

Countries reporting
199
Highest
56.4%
Libya
Lowest
0.0%
Zambia
Median
0.0%
Years covered
52
1970–2021
Data points
10,767

What the numbers show

Oil rents (% of GDP) is currently reported for 199 countries. The highest value is 56.4% in Libya; the lowest is 0.0% in Zambia.

The median across all reporting countries is 0.0%, and the mean is 2.8%.

Over the past decade 13 countries rose and 113 fell. The largest increase was in Jordan (up 524.9%), and the largest decrease in Aruba (down 100.0%).

Oil rents: full country ranking

#Country LatestYear 10-year changeTrend
1 Libya 56.4% 2021 up 55.2% rising
2 Iraq 42.8% 2021 down 16.0% rising
3 Congo 34.4% 2021 down 29.3% rising
4 Angola 28.3% 2021 down 26.8% rising
5 Kuwait 27.6% 2020 down 42.8% falling
6 Saudi Arabia 23.7% 2021 down 51.8% falling
7 Oman 23.5% 2021 down 41.7% falling
8 Guyana 22.1% 2021 volatile
9 Azerbaijan 21.0% 2021 down 29.6% falling
10 Iran 18.3% 2021 down 18.3% falling
11 Chad 16.8% 2021 down 31.3% volatile
12 United Arab Emirates 15.7% 2021 down 45.2% falling
13 Gabon 15.6% 2021 down 58.4% rising
14 Qatar 15.3% 2021 down 49.0% falling
15 Equatorial Guinea 14.9% 2021 down 56.0% volatile
16 Kazakhstan 14.8% 2021 down 19.1% rising
17 Algeria 14.5% 2021 down 42.2% flat
18 Venezuela 11.3% 2014 down 51.0% rising
19 Bahrain 10.9% 2021 down 53.3% volatile
20 South Sudan 10.4% 2015 down 82.2% volatile
21 Brunei 10.4% 2021 down 57.1% volatile
22 Russia 9.7% 2021 down 9.4% rising
23 Suriname 7.9% 2021 down 15.8% volatile
24 Ecuador 6.4% 2021 down 60.0% volatile
25 Nigeria 6.2% 2021 down 59.7% volatile
26 Norway 6.1% 2021 down 19.2% volatile
27 Turkmenistan 5.8% 2019 down 43.1% falling
28 East Timor 5.3% 2021 down 78.2% volatile
29 Yemen 4.8% 2018 down 85.7% volatile
30 Ghana 4.1% 2021 down 20.2% volatile
31 Syria 4.0% 2020 up 4.8% volatile
32 Colombia 3.4% 2021 down 50.6% rising
33 Sudan 3.3% 2021 down 78.1% volatile
34 Egypt 3.0% 2021 down 69.4% volatile
35 Canada 2.8% 2021 up 71.3% volatile
36 Trinidad and Tobago 2.7% 2021 down 71.4% volatile
37 Brazil 2.6% 2021 up 27.3% volatile
38 Cameroon 2.4% 2021 down 55.1% volatile
39 Mexico 2.1% 2021 down 63.9% volatile
40 Papua New Guinea 1.9% 2021 down 61.4% volatile
41 Malaysia 1.8% 2021 down 66.3% volatile
42 Tunisia 1.5% 2021 down 69.1% volatile
43 Argentina 1.5% 2021 down 43.7% volatile
44 Mongolia 1.5% 2021 down 22.1% volatile
45 Bolivia 1.3% 2021 down 64.7% volatile
46 Albania 1.0% 2021 down 57.5% volatile
47 Estonia 1.0% 2021 up 7.4% falling
48 Uzbekistan 0.9% 2021 down 58.1% volatile
49 Belarus 0.8% 2021 down 30.5% falling
50 Indonesia 0.8% 2021 down 74.1% volatile
51 Cote d'Ivoire 0.7% 2021 down 70.7% volatile
52 Vietnam 0.7% 2021 down 85.4% volatile
53 Democratic Republic of Congo 0.6% 2021 down 73.4% volatile
54 Niger 0.6% 2021 down 30.6% volatile
55 United States 0.6% 2021 up 64.9% volatile
56 Thailand 0.5% 2021 down 72.8% volatile
57 Serbia 0.4% 2021 down 52.3% volatile
58 United Kingdom 0.4% 2021 down 49.4% volatile
59 South Africa 0.4% 2021 down 58.9% volatile
60 Pakistan 0.4% 2021 down 62.7% volatile
61 Romania 0.4% 2021 down 59.3% volatile
62 India 0.3% 2021 down 75.9% volatile
63 Barbados 0.3% 2021 down 30.7% volatile
64 China 0.3% 2021 down 80.0% volatile
65 Jamaica 0.3% 2021 down 44.0% volatile
66 Tajikistan 0.3% 2021 up 308.3% volatile
67 Croatia 0.3% 2021 down 33.6% falling
68 Belize 0.3% 2021 down 94.8% volatile
69 Ukraine 0.3% 2021 down 53.7% falling
70 Denmark 0.3% 2021 down 80.2% volatile
71 Australia 0.3% 2021 down 69.9% volatile
72 Peru 0.2% 2021 down 75.8% volatile
73 Cuba 0.2% 2020 down 83.4% volatile
74 Hungary 0.2% 2021 down 19.0% falling
75 Turkey 0.1% 2021 up 11.3% volatile
76 Guatemala 0.1% 2021 down 80.0% volatile
77 New Zealand 0.1% 2021 down 86.9% volatile
78 Madagascar 0.1% 2021 volatile
79 Kyrgyzstan 0.1% 2021 down 78.7% volatile
80 Mozambique 0.1% 2021 down 62.0% volatile
81 Italy 0.1% 2021 down 23.8% volatile
82 Paraguay 0.1% 2021 down 63.2% volatile
83 Latvia 0.1% 2021 down 31.3% volatile
84 Myanmar 0.1% 2021 down 93.8% volatile
85 Portugal 0.1% 2021 down 27.5% volatile
86 Zimbabwe 0.0% 2021 volatile
87 Finland 0.0% 2021 up 25.9% volatile
88 Poland 0.0% 2021 down 14.2% volatile
89 Cambodia 0.0% 2021 volatile
90 Austria 0.0% 2021 down 48.8% volatile
91 Philippines 0.0% 2021 down 84.8% volatile
92 Bangladesh 0.0% 2021 down 78.7% volatile
93 Belgium 0.0% 2021 down 32.8% volatile
94 Georgia 0.0% 2021 down 79.6% volatile
95 South Korea 0.0% 2021 down 52.6% volatile
96 Sweden 0.0% 2021 down 8.0% volatile
97 Netherlands 0.0% 2021 down 52.4% volatile
98 Nicaragua 0.0% 2021 down 60.4% volatile
99 Bulgaria 0.0% 2021 down 47.2% volatile
100 Afghanistan 0.0% 2021 up 170.7% volatile
101 Lithuania 0.0% 2021 down 85.7% volatile
102 Jordan 0.0% 2021 up 524.9% volatile
103 Germany 0.0% 2021 down 53.4% volatile
104 Chile 0.0% 2021 down 37.4% volatile
105 Moldova 0.0% 2021 down 82.2% volatile
106 Greece 0.0% 2021 down 22.4% volatile
107 Israel 0.0% 2021 up 115.1% volatile
108 Uruguay 0.0% 2021 down 70.9% volatile
109 Czechia 0.0% 2021 down 68.5% volatile
110 Costa Rica 0.0% 2021 volatile
111 France 0.0% 2021 down 34.4% volatile
112 Japan 0.0% 2021 down 4.9% volatile
113 Ireland 0.0% 2021 down 62.5% volatile
114 Slovakia 0.0% 2021 down 77.8% volatile
115 Honduras 0.0% 2021 down 64.7% volatile
116 Morocco 0.0% 2021 down 86.1% volatile
117 Switzerland 0.0% 2021 up 43.6% volatile
118 Hong Kong 0.0% 2021 down 94.7% volatile
119 Spain 0.0% 2021 down 94.7% volatile
120 El Salvador 0.0% 2021 down 59.9% volatile
121 Slovenia 0.0% 2021 down 34.6% volatile
122 Aruba 0.0% 2021 down 100.0% volatile
122 Armenia 0.0% 2021 flat
122 American Samoa 0.0% 2021 flat
122 Antigua and Barbuda 0.0% 2021 flat
122 Burundi 0.0% 2021 flat
122 Benin 0.0% 2021 volatile
122 Burkina Faso 0.0% 2021 flat
122 Bahamas 0.0% 2021 flat
122 Bosnia and Herzegovina 0.0% 2021 flat
122 Bermuda 0.0% 2021 flat
122 Bhutan 0.0% 2021 flat
122 Botswana 0.0% 2021 flat
122 Central African Republic 0.0% 2021 flat
122 Comoros 0.0% 2021 flat
122 Cape Verde 0.0% 2021 flat
122 Cayman Islands 0.0% 2021 flat
122 Cyprus 0.0% 2021 down 100.0% volatile
122 Djibouti 0.0% 2021 flat
122 Dominica 0.0% 2021 flat
122 Dominican Republic 0.0% 2021 flat
122 Eritrea 0.0% 2011 flat
122 Ethiopia 0.0% 2021 down 100.0% volatile
122 Fiji 0.0% 2021 flat
122 Faroe Islands 0.0% 2021 flat
122 Guinea 0.0% 2021 flat
122 Gambia 0.0% 2021 flat
122 Guinea-Bissau 0.0% 2021 flat
122 Grenada 0.0% 2021 flat
122 Greenland 0.0% 2020 flat
122 Guam 0.0% 2021 flat
122 Haiti 0.0% 2021 flat
122 Iceland 0.0% 2021 flat
122 Kenya 0.0% 2021 down 100.0% volatile
122 Kiribati 0.0% 2021 flat
122 Saint Kitts and Nevis 0.0% 2021 flat
122 Laos 0.0% 2021 flat
122 Lebanon 0.0% 2021 flat
122 Liberia 0.0% 2021 flat
122 Saint Lucia 0.0% 2021 flat
122 Sri Lanka 0.0% 2021 flat
122 Lesotho 0.0% 2021 flat
122 Luxembourg 0.0% 2021 flat
122 Macao 0.0% 2021 flat
122 Maldives 0.0% 2021 flat
122 North Macedonia 0.0% 2021 down 100.0% volatile
122 Mali 0.0% 2021 flat
122 Malta 0.0% 2021 volatile
122 Montenegro 0.0% 2021 flat
122 Mauritania 0.0% 2021 down 100.0% volatile
122 Mauritius 0.0% 2021 down 100.0% volatile
122 Malawi 0.0% 2021 down 100.0% volatile
122 Namibia 0.0% 2021 flat
122 New Caledonia 0.0% 2021 flat
122 Nepal 0.0% 2021 flat
122 Nauru 0.0% 2021 flat
122 Panama 0.0% 2021 volatile
122 Puerto Rico 0.0% 2021 flat
122 Palestine 0.0% 2021 flat
122 French Polynesia 0.0% 2021 flat
122 Rwanda 0.0% 2021 volatile
122 Senegal 0.0% 2021 volatile
122 Singapore 0.0% 2021 down 100.0% volatile
122 Solomon Islands 0.0% 2021 flat
122 Sierra Leone 0.0% 2021 flat
122 Somalia 0.0% 2021 flat
122 Sao Tome and Principe 0.0% 2021 flat
122 Eswatini 0.0% 2021 down 100.0% volatile
122 Seychelles 0.0% 2021 flat
122 Turks and Caicos Islands 0.0% 2021 flat
122 Togo 0.0% 2021 flat
122 Tonga 0.0% 2021 flat
122 Tanzania 0.0% 2021 volatile
122 Uganda 0.0% 2021 flat
122 Saint Vincent and the Grenadines 0.0% 2021 flat
122 United States Virgin Islands 0.0% 2020 flat
122 Vanuatu 0.0% 2021 flat
122 Samoa 0.0% 2021 flat
122 Zambia 0.0% 2021 flat

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

About this data

Indicator
Oil rents (% of GDP)
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 10,767 data points, 1970–2021
Last refreshed

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