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Kiribati: Oil rents (% of GDP)

In , Kiribati's Oil rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 2.59 . Kiribati ranks #128 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #22 of 31.

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

Trend (2002–2021)

Kiribati 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
0.00
Trough
0.00

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000
0.0000

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 Kiribati's Oil rents (% of GDP) in 2021?
In 2021, Kiribati's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
How does Kiribati rank globally on Oil rents (% of GDP)?
In 2021, Kiribati ranked #128 out of 190 countries reporting Oil rents (% of GDP).
How does Kiribati's Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2021 was 2.59, so Kiribati is below the world average. Within East Asia & Pacific, it ranks #22 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.