Greece: Oil rents (% of GDP)
In , Greece's Oil rents (% of GDP) was 0.01.
That's up 79.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Greece ranks #99 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #33 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
- 0.03
- Trough
- 0.00
- 1-year change
- +79.2%
- 5-year change
- +9.9%
- +1.9% / yr
- 10-year change
- -22.4%
- -2.5% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0117 | |
| 0.0065 | |
| 0.0208 | |
| 0.0276 | |
| 0.0126 | |
| 0.0106 | |
| 0.0057 | |
| 0.0144 | |
| 0.0142 | |
| 0.0186 |
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 Greece's Oil rents (% of GDP) in 2021?
- In 2021, Greece's Oil rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Greece's Oil rents (% of GDP) rising or falling?
- Greece's Oil rents (% of GDP) rose 79.2% from 2020 to 2021.
- How does Greece rank globally on Oil rents (% of GDP)?
- In 2021, Greece ranked #99 out of 190 countries reporting Oil rents (% of GDP).
- How does Greece's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Greece is below the world average. Within Europe & Central Asia, it ranks #33 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.