Kazakhstan: Oil rents (% of GDP)
In , Kazakhstan's Oil rents (% of GDP) was 14.84.
That's up 108.3% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Kazakhstan ranks #15 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #2 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
- 24.61
- Trough
- 6.77
- 1-year change
- +108.3%
- 5-year change
- +113.6%
- +16.4% / yr
- 10-year change
- -19.1%
- -2.1% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 14.8448 | |
| 7.1258 | |
| 13.3329 | |
| 15.0882 | |
| 9.6635 | |
| 6.9499 | |
| 6.7740 | |
| 13.4440 | |
| 13.5753 | |
| 16.1210 |
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 Kazakhstan's Oil rents (% of GDP) in 2021?
- In 2021, Kazakhstan's Oil rents (% of GDP) was 14.84, according to World Bank Open Data.
- Is Kazakhstan's Oil rents (% of GDP) rising or falling?
- Kazakhstan's Oil rents (% of GDP) rose 108.3% from 2020 to 2021.
- How does Kazakhstan rank globally on Oil rents (% of GDP)?
- In 2021, Kazakhstan ranked #15 out of 190 countries reporting Oil rents (% of GDP).
- How does Kazakhstan's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Kazakhstan is above the world average. Within Europe & Central Asia, it ranks #2 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.