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Eritrea: Oil rents (% of GDP)

In , Eritrea's Oil rents (% of GDP) was 0.00.

The global average for this indicator in 2011 was 2.59 .

Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2011

Trend (2002–2011)

Eritrea Oil rents (% of GDP) trend 2008: Global financial crisis
  • 2008 · Global financial crisis

Highlights

Peak
0.00
Trough
0.00

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000

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.ZSCategory: Economy

Frequently asked questions

What was Eritrea's Oil rents (% of GDP) in 2011?
In 2011, Eritrea's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
How does Eritrea's Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2011 was 2.59, so Eritrea is below the world average.
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.
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Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.