Congo, Rep.: Oil rents (% of GDP)
In , Congo, Rep.'s Oil rents (% of GDP) was 34.38.
That's up 53.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Congo, Rep. ranks #3 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #1 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
- 50.12
- Trough
- 12.27
- 1-year change
- +53.4%
- 5-year change
- +168.6%
- +21.8% / yr
- 10-year change
- -29.3%
- -3.4% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 34.3829 | |
| 22.4084 | |
| 35.8518 | |
| 38.2487 | |
| 25.0228 | |
| 12.8005 | |
| 12.2747 | |
| 24.8226 | |
| 29.6858 | |
| 38.0875 |
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 Congo, Rep.'s Oil rents (% of GDP) in 2021?
- In 2021, Congo, Rep.'s Oil rents (% of GDP) was 34.38, according to World Bank Open Data.
- Is Congo, Rep.'s Oil rents (% of GDP) rising or falling?
- Congo, Rep.'s Oil rents (% of GDP) rose 53.4% from 2020 to 2021.
- How does Congo, Rep. rank globally on Oil rents (% of GDP)?
- In 2021, Congo, Rep. ranked #3 out of 190 countries reporting Oil rents (% of GDP).
- How does Congo, Rep.'s Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Congo, Rep. is above the world average. Within Sub-Saharan Africa, it ranks #1 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.