Chile: Oil rents (% of GDP)
In , Chile's Oil rents (% of GDP) was 0.01.
That's up 72.8% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Chile ranks #97 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #17 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
- 0.05
- Trough
- 0.01
- 1-year change
- +72.8%
- 5-year change
- +77.2%
- +12.1% / yr
- 10-year change
- -37.4%
- -4.6% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0127 | |
| 0.0073 | |
| 0.0114 | |
| 0.0122 | |
| 0.0083 | |
| 0.0072 | |
| 0.0070 | |
| 0.0300 | |
| 0.0371 | |
| 0.0339 |
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 Chile's Oil rents (% of GDP) in 2021?
- In 2021, Chile's Oil rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Chile's Oil rents (% of GDP) rising or falling?
- Chile's Oil rents (% of GDP) rose 72.8% from 2020 to 2021.
- How does Chile rank globally on Oil rents (% of GDP)?
- In 2021, Chile ranked #97 out of 190 countries reporting Oil rents (% of GDP).
- How does Chile's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Chile is below the world average. Within Latin America & Caribbean, it ranks #17 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.