Suriname: Oil rents (% of GDP)
In , Suriname's Oil rents (% of GDP) was 7.93.
That's up 164.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Suriname ranks #20 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #2 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
- 10.44
- Trough
- 2.54
- 1-year change
- +164.9%
- 5-year change
- +170.0%
- +22.0% / yr
- 10-year change
- -15.8%
- -1.7% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 7.9325 | |
| 2.9942 | |
| 4.6457 | |
| 5.7975 | |
| 4.0126 | |
| 2.9381 | |
| 2.5367 | |
| 6.4889 | |
| 7.0772 | |
| 7.9947 |
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 Suriname's Oil rents (% of GDP) in 2021?
- In 2021, Suriname's Oil rents (% of GDP) was 7.93, according to World Bank Open Data.
- Is Suriname's Oil rents (% of GDP) rising or falling?
- Suriname's Oil rents (% of GDP) rose 164.9% from 2020 to 2021.
- How does Suriname rank globally on Oil rents (% of GDP)?
- In 2021, Suriname ranked #20 out of 190 countries reporting Oil rents (% of GDP).
- How does Suriname's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Suriname is above the world average. Within Latin America & Caribbean, it ranks #2 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.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.