Sweden: Oil rents (% of GDP)
In , Sweden's Oil rents (% of GDP) was 0.03.
That's up 106.3% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Sweden ranks #89 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #27 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
- 0.03
- Trough
- 0.00
- 1-year change
- +106.3%
- 5-year change
- +254.1%
- +28.8% / yr
- 10-year change
- -8.0%
- -0.8% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0272 | |
| 0.0132 | |
| 0.0254 | |
| 0.0262 | |
| 0.0100 | |
| 0.0077 | |
| 0.0096 | |
| 0.0174 | |
| 0.0202 | |
| 0.0262 |
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 Sweden's Oil rents (% of GDP) in 2021?
- In 2021, Sweden's Oil rents (% of GDP) was 0.03, according to World Bank Open Data.
- Is Sweden's Oil rents (% of GDP) rising or falling?
- Sweden's Oil rents (% of GDP) rose 106.3% from 2020 to 2021.
- How does Sweden rank globally on Oil rents (% of GDP)?
- In 2021, Sweden ranked #89 out of 190 countries reporting Oil rents (% of GDP).
- How does Sweden's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Sweden is below the world average. Within Europe & Central Asia, it ranks #27 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.