Bolivia: Oil rents (% of GDP)
In , Bolivia's Oil rents (% of GDP) was 1.26.
That's up 154.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Bolivia ranks #39 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #9 of 35.
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
- 7.33
- Trough
- 0.50
- 1-year change
- +154.0%
- 5-year change
- +60.3%
- +9.9% / yr
- 10-year change
- -64.7%
- -9.9% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 1.2634 | |
| 0.4973 | |
| 1.0303 | |
| 1.4499 | |
| 1.0299 | |
| 0.7881 | |
| 1.1402 | |
| 3.0333 | |
| 3.3184 | |
| 3.5858 |
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 Bolivia's Oil rents (% of GDP) in 2021?
- In 2021, Bolivia's Oil rents (% of GDP) was 1.26, according to World Bank Open Data.
- Is Bolivia's Oil rents (% of GDP) rising or falling?
- Bolivia's Oil rents (% of GDP) rose 154.0% from 2020 to 2021.
- How does Bolivia rank globally on Oil rents (% of GDP)?
- In 2021, Bolivia ranked #39 out of 190 countries reporting Oil rents (% of GDP).
- How does Bolivia's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Bolivia is below the world average. Within Latin America & Caribbean, it ranks #9 of 35.
- 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.