Mexico: Oil rents (% of GDP)
In , Mexico's Oil rents (% of GDP) was 2.07.
That's up 138.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Mexico ranks #33 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #7 of 35.
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
- 6.04
- Trough
- 0.87
- 1-year change
- +138.2%
- 5-year change
- +67.0%
- +10.8% / yr
- 10-year change
- -63.9%
- -9.7% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 2.0659 | |
| 0.8674 | |
| 1.5823 | |
| 2.2074 | |
| 1.5562 | |
| 1.2372 | |
| 1.5461 | |
| 3.9014 | |
| 4.5951 | |
| 5.4027 |
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 Mexico's Oil rents (% of GDP) in 2021?
- In 2021, Mexico's Oil rents (% of GDP) was 2.07, according to World Bank Open Data.
- Is Mexico's Oil rents (% of GDP) rising or falling?
- Mexico's Oil rents (% of GDP) rose 138.2% from 2020 to 2021.
- How does Mexico rank globally on Oil rents (% of GDP)?
- In 2021, Mexico ranked #33 out of 190 countries reporting Oil rents (% of GDP).
- How does Mexico's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Mexico is below the world average. Within Latin America & Caribbean, it ranks #7 of 35.
- 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.