What was Iran, Islamic Rep.'s Oil rents (% of GDP) in 2021?

In 2021, Iran, Islamic Rep.'s Oil rents (% of GDP) was 18.27, according to World Bank Open Data.

Is Iran, Islamic Rep.'s Oil rents (% of GDP) rising or falling?

Iran, Islamic Rep.'s Oil rents (% of GDP) rose 37.6% from 2020 to 2021.

How does Iran, Islamic Rep. rank globally on Oil rents (% of GDP)?

In 2021, Iran, Islamic Rep. ranked #9 out of 190 countries reporting Oil rents (% of GDP).

How does Iran, Islamic Rep.'s Oil rents (% of GDP) compare to the world average?

The global average for Oil rents (% of GDP) in 2021 was 2.59, so Iran, Islamic Rep. is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 20.

Iran, Islamic Rep.: Oil rents (% of GDP)

Name: Iran, Islamic Rep.: Oil rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Iran, Islamic Rep.'s Oil rents (% of GDP) was 18.27.

That's up 37.6% from 2020, the highest value since 2019.

The global average for this indicator in 2021 was 2.59 . Iran, Islamic Rep. ranks #9 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 20.

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: 31.61; 2005
Trough: 10.89; 2016
1-year change: +37.6%
5-year change: +67.7%; +10.9% / yr
10-year change: -18.3%; -2.0% / yr

Historical Data — Last 10 Years

Year	Oil rents (% of GDP)
2021	18.2659
2020	13.2734
2019	20.0780
2018	27.6646
2017	14.6204
2016	10.8895
2015	12.2664
2014	21.2354
2013	21.2566
2012	18.4121

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 Iran, Islamic Rep.'s Oil rents (% of GDP) in 2021?: In 2021, Iran, Islamic Rep.'s Oil rents (% of GDP) was 18.27, according to World Bank Open Data.
Is Iran, Islamic Rep.'s Oil rents (% of GDP) rising or falling?: Iran, Islamic Rep.'s Oil rents (% of GDP) rose 37.6% from 2020 to 2021.
How does Iran, Islamic Rep. rank globally on Oil rents (% of GDP)?: In 2021, Iran, Islamic Rep. ranked #9 out of 190 countries reporting Oil rents (% of GDP).
How does Iran, Islamic Rep.'s Oil rents (% of GDP) compare to the world average?: The global average for Oil rents (% of GDP) in 2021 was 2.59, so Iran, Islamic Rep. is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 20.
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.