Chad: Oil rents (% of GDP)
In , Chad's Oil rents (% of GDP) was 16.75.
That's up 81.5% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Chad ranks #10 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #3 of 46.
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
- 32.67
- Trough
- 0.00
- 1-year change
- +81.5%
- 5-year change
- +153.9%
- +20.5% / yr
- 10-year change
- -31.3%
- -3.7% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 16.7516 | |
| 9.2282 | |
| 15.5708 | |
| 16.6122 | |
| 10.2750 | |
| 6.5969 | |
| 6.2970 | |
| 11.3679 | |
| 15.7792 | |
| 20.5312 |
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 Chad's Oil rents (% of GDP) in 2021?
- In 2021, Chad's Oil rents (% of GDP) was 16.75, according to World Bank Open Data.
- Is Chad's Oil rents (% of GDP) rising or falling?
- Chad's Oil rents (% of GDP) rose 81.5% from 2020 to 2021.
- How does Chad rank globally on Oil rents (% of GDP)?
- In 2021, Chad ranked #10 out of 190 countries reporting Oil rents (% of GDP).
- How does Chad's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Chad is above the world average. Within Sub-Saharan Africa, it ranks #3 of 46.
- 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.