Brazil: Oil rents (% of GDP)
In , Brazil's Oil rents (% of GDP) was 2.60.
That's up 141.4% from 2020, the highest value on record.
The global average for this indicator in 2021 was 2.59 . Brazil ranks #31 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #6 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
- 2.60
- Trough
- 0.83
- 1-year change
- +141.4%
- 5-year change
- +212.9%
- +25.6% / yr
- 10-year change
- +27.3%
- +2.4% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 2.6045 | |
| 1.0787 | |
| 1.6761 | |
| 1.9011 | |
| 1.1284 | |
| 0.8323 | |
| 1.0393 | |
| 1.8637 | |
| 1.8233 | |
| 2.0437 |
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 Brazil's Oil rents (% of GDP) in 2021?
- In 2021, Brazil's Oil rents (% of GDP) was 2.60, according to World Bank Open Data.
- Is Brazil's Oil rents (% of GDP) rising or falling?
- Brazil's Oil rents (% of GDP) rose 141.4% from 2020 to 2021.
- How does Brazil rank globally on Oil rents (% of GDP)?
- In 2021, Brazil ranked #31 out of 190 countries reporting Oil rents (% of GDP).
- How does Brazil's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Brazil is above the world average. Within Latin America & Caribbean, it ranks #6 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.