Qatar: Oil rents (% of GDP)
In , Qatar's Oil rents (% of GDP) was 15.28.
That's up 44.2% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Qatar ranks #13 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 of 20.
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
- 38.18
- Trough
- 10.60
- 1-year change
- +44.2%
- 5-year change
- +36.9%
- +6.5% / yr
- 10-year change
- -49.0%
- -6.5% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 15.2785 | |
| 10.5957 | |
| 14.5084 | |
| 16.2912 | |
| 13.5395 | |
| 11.1616 | |
| 13.0301 | |
| 21.5388 | |
| 25.3596 | |
| 28.3390 |
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 Qatar's Oil rents (% of GDP) in 2021?
- In 2021, Qatar's Oil rents (% of GDP) was 15.28, according to World Bank Open Data.
- Is Qatar's Oil rents (% of GDP) rising or falling?
- Qatar's Oil rents (% of GDP) rose 44.2% from 2020 to 2021.
- How does Qatar rank globally on Oil rents (% of GDP)?
- In 2021, Qatar ranked #13 out of 190 countries reporting Oil rents (% of GDP).
- How does Qatar's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Qatar is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 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.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.