Myanmar: Oil rents (% of GDP)
In , Myanmar's Oil rents (% of GDP) was 0.06.
That's up 142.5% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Myanmar ranks #77 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #12 of 31.
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
- 3.20
- Trough
- 0.03
- 1-year change
- +142.5%
- 5-year change
- -39.3%
- -9.5% / yr
- 10-year change
- -93.8%
- -24.2% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0628 | |
| 0.0259 | |
| 0.1014 | |
| 0.1568 | |
| 0.1523 | |
| 0.1035 | |
| 0.1466 | |
| 0.5289 | |
| 0.6611 | |
| 0.7715 |
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 Myanmar's Oil rents (% of GDP) in 2021?
- In 2021, Myanmar's Oil rents (% of GDP) was 0.06, according to World Bank Open Data.
- Is Myanmar's Oil rents (% of GDP) rising or falling?
- Myanmar's Oil rents (% of GDP) rose 142.5% from 2020 to 2021.
- How does Myanmar rank globally on Oil rents (% of GDP)?
- In 2021, Myanmar ranked #77 out of 190 countries reporting Oil rents (% of GDP).
- How does Myanmar's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Myanmar is below the world average. Within East Asia & Pacific, it ranks #12 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.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.