Israel: Oil rents (% of GDP)
In , Israel's Oil rents (% of GDP) was 0.01.
That's up 51.4% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Israel ranks #100 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #15 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
- 0.01
- Trough
- 0.00
- 1-year change
- +51.4%
- 5-year change
- +56.1%
- +9.3% / yr
- 10-year change
- +115.1%
- +8.0% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0115 | |
| 0.0076 | |
| 0.0083 | |
| 0.0088 | |
| 0.0058 | |
| 0.0074 | |
| 0.0064 | |
| 0.0118 | |
| 0.0119 | |
| 0.0033 |
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 Israel's Oil rents (% of GDP) in 2021?
- In 2021, Israel's Oil rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Israel's Oil rents (% of GDP) rising or falling?
- Israel's Oil rents (% of GDP) rose 51.4% from 2020 to 2021.
- How does Israel rank globally on Oil rents (% of GDP)?
- In 2021, Israel ranked #100 out of 190 countries reporting Oil rents (% of GDP).
- How does Israel's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Israel is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #15 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.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.