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Morocco: Oil rents (% of GDP)

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

That's up 20.4% from 2020, the highest value since .

The global average for this indicator in 2021 was 2.59 . Morocco ranks #109 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 of 20.

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

Trend (2002–2021)

Morocco 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
0.01
Trough
0.00
1-year change
+20.4%
5-year change
-10.8%
-2.3% / yr
10-year change
-86.1%
-17.9% / yr

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
0.0010
0.0008
0.0014
0.0018
0.0013
0.0011
0.0014
0.0027
0.0054
0.0053

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.ZSCategory: Economy

Frequently asked questions

What was Morocco's Oil rents (% of GDP) in 2021?
In 2021, Morocco's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Morocco's Oil rents (% of GDP) rising or falling?
Morocco's Oil rents (% of GDP) rose 20.4% from 2020 to 2021.
How does Morocco rank globally on Oil rents (% of GDP)?
In 2021, Morocco ranked #109 out of 190 countries reporting Oil rents (% of GDP).
How does Morocco's Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2021 was 2.59, so Morocco is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 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.