Singapore: Oil rents (% of GDP)
In , Singapore's Oil rents (% of GDP) was 0.00.
The global average for this indicator in 2021 was 2.59 . Singapore ranks #152 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #27 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
- 0.15
- Trough
- 0.00
- 5-year change
- -100.0%
- 10-year change
- -100.0%
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0289 | |
| 0.0340 | |
| 0.1044 | |
| 0.1191 | |
| 0.1429 |
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 Singapore's Oil rents (% of GDP) in 2021?
- In 2021, Singapore's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
- Is Singapore's Oil rents (% of GDP) rising or falling?
- Over the last five years, Singapore's Oil rents (% of GDP) has decreased by 100.0%.
- How does Singapore rank globally on Oil rents (% of GDP)?
- In 2021, Singapore ranked #152 out of 190 countries reporting Oil rents (% of GDP).
- How does Singapore's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Singapore is below the world average. Within East Asia & Pacific, it ranks #27 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.