Belarus: Oil rents (% of GDP)
In , Belarus's Oil rents (% of GDP) was 0.81.
That's up 123.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Belarus ranks #43 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #8 of 49.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 1.28
- Trough
- 0.37
- 1-year change
- +123.0%
- 5-year change
- +110.5%
- +16.1% / yr
- 10-year change
- -30.5%
- -3.6% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.8141 | |
| 0.3651 | |
| 0.6522 | |
| 0.8148 | |
| 0.5092 | |
| 0.3867 | |
| 0.4391 | |
| 0.7348 | |
| 0.8323 | |
| 1.0446 |
About Oil rents (% of GDP)
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Indicator code: NY.GDP.PETR.RT.ZS • Category: Economy
Frequently asked questions
- What was Belarus's Oil rents (% of GDP) in 2021?
- In 2021, Belarus's Oil rents (% of GDP) was 0.81, according to World Bank Open Data.
- Is Belarus's Oil rents (% of GDP) rising or falling?
- Belarus's Oil rents (% of GDP) rose 123.0% from 2020 to 2021.
- How does Belarus rank globally on Oil rents (% of GDP)?
- In 2021, Belarus ranked #43 out of 190 countries reporting Oil rents (% of GDP).
- How does Belarus's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Belarus is below the world average. Within Europe & Central Asia, it ranks #8 of 49.
- What is Oil rents (% of GDP) and how is it measured?
- Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.