What was Panama's Oil rents (% of GDP) in 2021?

In 2021, Panama's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.

Is Panama's Oil rents (% of GDP) rising or falling?

Over the last five years, Panama's Oil rents (% of GDP) has decreased by 100.0%.

How does Panama rank globally on Oil rents (% of GDP)?

In 2021, Panama ranked #134 out of 190 countries reporting Oil rents (% of GDP).

How does Panama's Oil rents (% of GDP) compare to the world average?

The global average for Oil rents (% of GDP) in 2021 was 2.59, so Panama is below the world average. Within Latin America & Caribbean, it ranks #23 of 35.

Panama: Oil rents (% of GDP)

Name: Panama: Oil rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Panama's Oil rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 2.59 . Panama ranks #134 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #23 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: 0.03; 2014
Trough: 0.00; 2002
5-year change: -100.0%

Historical Data — Last 10 Years

Year	Oil rents (% of GDP)
2021	0.0000
2020	0.0000
2019	0.0000
2018	0.0000
2017	0.0000
2016	0.0046
2015	0.0037
2014	0.0278
2013	0.0149
2012	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 Panama's Oil rents (% of GDP) in 2021?: In 2021, Panama's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Panama's Oil rents (% of GDP) rising or falling?: Over the last five years, Panama's Oil rents (% of GDP) has decreased by 100.0%.
How does Panama rank globally on Oil rents (% of GDP)?: In 2021, Panama ranked #134 out of 190 countries reporting Oil rents (% of GDP).
How does Panama's Oil rents (% of GDP) compare to the world average?: The global average for Oil rents (% of GDP) in 2021 was 2.59, so Panama is below the world average. Within Latin America & Caribbean, it ranks #23 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.

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Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.