Ethiopia: Oil rents (% of GDP)
In , Ethiopia's Oil rents (% of GDP) was 0.00.
The global average for this indicator in 2021 was 2.59 . Ethiopia ranks #143 globally out of 190 reporting countries. Within Sub-Saharan Africa, it ranks #25 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
- 0.01
- Trough
- 0.00
- 5-year change
- -100.0%
- 10-year change
- -100.0%
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0027 | |
| 0.0029 | |
| 0.0068 | |
| 0.0079 | |
| 0.0058 |
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 Ethiopia's Oil rents (% of GDP) in 2021?
- In 2021, Ethiopia's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
- Is Ethiopia's Oil rents (% of GDP) rising or falling?
- Over the last five years, Ethiopia's Oil rents (% of GDP) has decreased by 100.0%.
- How does Ethiopia rank globally on Oil rents (% of GDP)?
- In 2021, Ethiopia ranked #143 out of 190 countries reporting Oil rents (% of GDP).
- How does Ethiopia's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Ethiopia is below the world average. Within Sub-Saharan Africa, it ranks #25 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.