What was United Arab Emirates's Oil rents (% of GDP) in 2021?

In 2021, United Arab Emirates's Oil rents (% of GDP) was 15.67, according to World Bank Open Data.

Is United Arab Emirates's Oil rents (% of GDP) rising or falling?

United Arab Emirates's Oil rents (% of GDP) rose 49.4% from 2020 to 2021.

How does United Arab Emirates rank globally on Oil rents (% of GDP)?

In 2021, United Arab Emirates ranked #11 out of 190 countries reporting Oil rents (% of GDP).

How does United Arab Emirates's Oil rents (% of GDP) compare to the world average?

The global average for Oil rents (% of GDP) in 2021 was 2.59, so United Arab Emirates is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 20.

United Arab Emirates: Oil rents (% of GDP)

Name: United Arab Emirates: Oil rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, United Arab Emirates's Oil rents (% of GDP) was 15.67.

That's up 49.4% from 2020, the highest value since 2019.

The global average for this indicator in 2021 was 2.59 . United Arab Emirates ranks #11 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 20.

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: 28.60; 2011
Trough: 10.49; 2020
1-year change: +49.4%
5-year change: +41.4%; +7.2% / yr
10-year change: -45.2%; -5.8% / yr

Historical Data — Last 10 Years

Year	Oil rents (% of GDP)
2021	15.6731
2020	10.4941
2019	15.6816
2018	17.0990
2017	13.4986
2016	11.0808
2015	13.1025
2014	22.9459
2013	26.2481
2012	27.0649

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 United Arab Emirates's Oil rents (% of GDP) in 2021?: In 2021, United Arab Emirates's Oil rents (% of GDP) was 15.67, according to World Bank Open Data.
Is United Arab Emirates's Oil rents (% of GDP) rising or falling?: United Arab Emirates's Oil rents (% of GDP) rose 49.4% from 2020 to 2021.
How does United Arab Emirates rank globally on Oil rents (% of GDP)?: In 2021, United Arab Emirates ranked #11 out of 190 countries reporting Oil rents (% of GDP).
How does United Arab Emirates's Oil rents (% of GDP) compare to the world average?: The global average for Oil rents (% of GDP) in 2021 was 2.59, so United Arab Emirates is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 20.
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.

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Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.