Syrian Arab Republic: Oil rents (% of GDP)
In , Syrian Arab Republic's Oil rents (% of GDP) was 4.02.
That's up 62.9% from 2019, the highest value since .
The global average for this indicator in 2020 was 2.59 .
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2010 · Arab Spring begins
Highlights
- Peak
- 18.87
- Trough
- 1.85
- 1-year change
- +62.9%
- 5-year change
- +103.6%
- +15.3% / yr
- 10-year change
- +4.8%
- +0.5% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 4.0150 | |
| 2.4652 | |
| 1.8760 | |
| 1.8857 | |
| 1.8495 | |
| 1.9717 | |
| 3.7585 | |
| 8.1735 | |
| 13.5973 | |
| 18.8708 |
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 Syrian Arab Republic's Oil rents (% of GDP) in 2020?
- In 2020, Syrian Arab Republic's Oil rents (% of GDP) was 4.02, according to World Bank Open Data.
- Is Syrian Arab Republic's Oil rents (% of GDP) rising or falling?
- Syrian Arab Republic's Oil rents (% of GDP) rose 62.9% from 2019 to 2020.
- How does Syrian Arab Republic's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2020 was 2.59, so Syrian Arab Republic is above the world average.
- 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.