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Slovak Republic: Oil rents (% of GDP)

In , Slovak Republic's Oil rents (% of GDP) was 0.00.

That's up 258.3% from 2020, the highest value since .

The global average for this indicator in 2021 was 2.59 . Slovak Republic ranks #107 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #37 of 49.

Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021

Trend (2002–2021)

Slovak Republic Oil rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2004: EU enlargement (10 new members)
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2004 · EU enlargement (10 new members)

Highlights

Peak
0.01
Trough
0.00
1-year change
+258.3%
5-year change
+23.4%
+4.3% / yr
10-year change
-77.8%
-14.0% / yr

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
0.0018
0.0005
0.0016
0.0020
0.0015
0.0014
0.0024
0.0049
0.0060
0.0077

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.ZSCategory: Economy

Frequently asked questions

What was Slovak Republic's Oil rents (% of GDP) in 2021?
In 2021, Slovak Republic's Oil rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Slovak Republic's Oil rents (% of GDP) rising or falling?
Slovak Republic's Oil rents (% of GDP) rose 258.3% from 2020 to 2021.
How does Slovak Republic rank globally on Oil rents (% of GDP)?
In 2021, Slovak Republic ranked #107 out of 190 countries reporting Oil rents (% of GDP).
How does Slovak Republic's Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2021 was 2.59, so Slovak Republic is below the world average. Within Europe & Central Asia, it ranks #37 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.
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Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.