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Hong Kong SAR, China: Oil rents (% of GDP)

In , Hong Kong SAR, China's Oil rents (% of GDP) was 0.00.

That's up 196.7% from 2020, the highest value since .

The global average for this indicator in 2021 was 2.59 . Hong Kong SAR, China ranks #111 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #17 of 31.

Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021

Trend (2002–2021)

Hong Kong SAR, China Oil rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
0.02
Trough
0.00
1-year change
+196.7%
5-year change
+132.7%
+18.4% / yr
10-year change
-94.7%
-25.4% / yr

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
0.0004
0.0001
0.0003
0.0004
0.0003
0.0002
0.0002
0.0158
0.0027
0.0010

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 Hong Kong SAR, China's Oil rents (% of GDP) in 2021?
In 2021, Hong Kong SAR, China's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Hong Kong SAR, China's Oil rents (% of GDP) rising or falling?
Hong Kong SAR, China's Oil rents (% of GDP) rose 196.7% from 2020 to 2021.
How does Hong Kong SAR, China rank globally on Oil rents (% of GDP)?
In 2021, Hong Kong SAR, China ranked #111 out of 190 countries reporting Oil rents (% of GDP).
How does Hong Kong SAR, China's Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2021 was 2.59, so Hong Kong SAR, China is below the world average. Within East Asia & Pacific, it ranks #17 of 31.
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.