Denmark: Oil rents (% of GDP)
In , Denmark's Oil rents (% of GDP) was 0.27.
That's up 97.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Denmark ranks #64 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #15 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
Highlights
- Peak
- 1.70
- Trough
- 0.14
- 1-year change
- +97.2%
- 5-year change
- +3.3%
- +0.6% / yr
- 10-year change
- -80.2%
- -15.0% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.2703 | |
| 0.1370 | |
| 0.3724 | |
| 0.4591 | |
| 0.3671 | |
| 0.2618 | |
| 0.3900 | |
| 0.8347 | |
| 0.9676 | |
| 1.2609 |
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 Denmark's Oil rents (% of GDP) in 2021?
- In 2021, Denmark's Oil rents (% of GDP) was 0.27, according to World Bank Open Data.
- Is Denmark's Oil rents (% of GDP) rising or falling?
- Denmark's Oil rents (% of GDP) rose 97.2% from 2020 to 2021.
- How does Denmark rank globally on Oil rents (% of GDP)?
- In 2021, Denmark ranked #64 out of 190 countries reporting Oil rents (% of GDP).
- How does Denmark's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Denmark is below the world average. Within Europe & Central Asia, it ranks #15 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.