Czechia: Oil rents (% of GDP)
In , Czechia's Oil rents (% of GDP) was 0.01.
That's up 90.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Czechia ranks #102 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #34 of 49.
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
- 2004 · EU enlargement (10 new members)
Highlights
- Peak
- 0.05
- Trough
- 0.01
- 1-year change
- +90.4%
- 5-year change
- +39.5%
- +6.9% / yr
- 10-year change
- -68.5%
- -10.9% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0097 | |
| 0.0051 | |
| 0.0083 | |
| 0.0126 | |
| 0.0088 | |
| 0.0069 | |
| 0.0103 | |
| 0.0253 | |
| 0.0275 | |
| 0.0305 |
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 Czechia's Oil rents (% of GDP) in 2021?
- In 2021, Czechia's Oil rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Czechia's Oil rents (% of GDP) rising or falling?
- Czechia's Oil rents (% of GDP) rose 90.4% from 2020 to 2021.
- How does Czechia rank globally on Oil rents (% of GDP)?
- In 2021, Czechia ranked #102 out of 190 countries reporting Oil rents (% of GDP).
- How does Czechia's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Czechia is below the world average. Within Europe & Central Asia, it ranks #34 of 49.
- 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.