Romania: Oil rents (% of GDP)
In , Romania's Oil rents (% of GDP) was 0.38.
That's up 106.0% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Romania ranks #55 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #11 of 49.
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
- 1.23
- Trough
- 0.18
- 1-year change
- +106.0%
- 5-year change
- +59.4%
- +9.8% / yr
- 10-year change
- -59.3%
- -8.6% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.3782 | |
| 0.1836 | |
| 0.3561 | |
| 0.4179 | |
| 0.3068 | |
| 0.2373 | |
| 0.3349 | |
| 0.7110 | |
| 0.8180 | |
| 0.9441 |
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 Romania's Oil rents (% of GDP) in 2021?
- In 2021, Romania's Oil rents (% of GDP) was 0.38, according to World Bank Open Data.
- Is Romania's Oil rents (% of GDP) rising or falling?
- Romania's Oil rents (% of GDP) rose 106.0% from 2020 to 2021.
- How does Romania rank globally on Oil rents (% of GDP)?
- In 2021, Romania ranked #55 out of 190 countries reporting Oil rents (% of GDP).
- How does Romania's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Romania is below the world average. Within Europe & Central Asia, it ranks #11 of 49.
- 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.