Timor-Leste: Oil rents (% of GDP)
In , Timor-Leste's Oil rents (% of GDP) was 5.30.
That's up 89.7% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Timor-Leste ranks #24 globally out of 190 reporting countries. Within East Asia & Pacific, it ranks #2 of 31.
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2021
Trend (2003–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 24.29
- Trough
- 0.00
- 1-year change
- +89.7%
- 5-year change
- -57.8%
- -15.8% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 5.2972 | |
| 2.7917 | |
| 12.5972 | |
| 14.4948 | |
| 13.2190 | |
| 12.5520 | |
| 24.2895 | |
| 0.0000 |
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 Timor-Leste's Oil rents (% of GDP) in 2021?
- In 2021, Timor-Leste's Oil rents (% of GDP) was 5.30, according to World Bank Open Data.
- Is Timor-Leste's Oil rents (% of GDP) rising or falling?
- Timor-Leste's Oil rents (% of GDP) rose 89.7% from 2020 to 2021.
- How does Timor-Leste rank globally on Oil rents (% of GDP)?
- In 2021, Timor-Leste ranked #24 out of 190 countries reporting Oil rents (% of GDP).
- How does Timor-Leste's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Timor-Leste is above the world average. Within East Asia & Pacific, it ranks #2 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.