Equatorial Guinea: Oil rents (% of GDP)
In , Equatorial Guinea's Oil rents (% of GDP) was 14.94.
That's up 38.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Equatorial Guinea ranks #14 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #5 of 46.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021
Trend (2005–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 55.20
- Trough
- 10.75
- 1-year change
- +38.9%
- 5-year change
- +27.6%
- +5.0% / yr
- 10-year change
- -56.0%
- -7.9% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 14.9400 | |
| 10.7521 | |
| 18.8136 | |
| 20.3265 | |
| 16.1367 | |
| 11.7086 | |
| 12.5760 | |
| 22.8649 | |
| 29.0020 | |
| 34.9943 |
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 Equatorial Guinea's Oil rents (% of GDP) in 2021?
- In 2021, Equatorial Guinea's Oil rents (% of GDP) was 14.94, according to World Bank Open Data.
- Is Equatorial Guinea's Oil rents (% of GDP) rising or falling?
- Equatorial Guinea's Oil rents (% of GDP) rose 38.9% from 2020 to 2021.
- How does Equatorial Guinea rank globally on Oil rents (% of GDP)?
- In 2021, Equatorial Guinea ranked #14 out of 190 countries reporting Oil rents (% of GDP).
- How does Equatorial Guinea's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Equatorial Guinea is above the world average. Within Sub-Saharan Africa, it ranks #5 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.