Thailand: Oil rents (% of GDP)
In , Thailand's Oil rents (% of GDP) was 0.48.
That's up 176.9% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Thailand ranks #50 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #8 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
- 1.91
- Trough
- 0.17
- 1-year change
- +176.9%
- 5-year change
- +12.2%
- +2.3% / yr
- 10-year change
- -72.8%
- -12.2% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.4817 | |
| 0.1739 | |
| 0.4599 | |
| 0.6808 | |
| 0.5278 | |
| 0.4291 | |
| 0.5337 | |
| 1.2565 | |
| 1.4342 | |
| 1.6410 |
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 Thailand's Oil rents (% of GDP) in 2021?
- In 2021, Thailand's Oil rents (% of GDP) was 0.48, according to World Bank Open Data.
- Is Thailand's Oil rents (% of GDP) rising or falling?
- Thailand's Oil rents (% of GDP) rose 176.9% from 2020 to 2021.
- How does Thailand rank globally on Oil rents (% of GDP)?
- In 2021, Thailand ranked #50 out of 190 countries reporting Oil rents (% of GDP).
- How does Thailand's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Thailand is below the world average. Within East Asia & Pacific, it ranks #8 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.