India: Oil rents (% of GDP)
In , India's Oil rents (% of GDP) was 0.33.
That's up 125.6% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . India ranks #56 globally out of 190 reporting countries. Within South Asia, it ranks #1 of 6.
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
- 1.58
- Trough
- 0.14
- 1-year change
- +125.6%
- 5-year change
- +47.8%
- +8.1% / yr
- 10-year change
- -75.9%
- -13.2% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.3256 | |
| 0.1443 | |
| 0.3050 | |
| 0.4466 | |
| 0.3132 | |
| 0.2203 | |
| 0.3599 | |
| 0.9452 | |
| 1.1934 | |
| 1.3139 |
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 India's Oil rents (% of GDP) in 2021?
- In 2021, India's Oil rents (% of GDP) was 0.33, according to World Bank Open Data.
- Is India's Oil rents (% of GDP) rising or falling?
- India's Oil rents (% of GDP) rose 125.6% from 2020 to 2021.
- How does India rank globally on Oil rents (% of GDP)?
- In 2021, India ranked #56 out of 190 countries reporting Oil rents (% of GDP).
- How does India's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so India is below the world average. Within South Asia, it ranks #1 of 6.
- 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.