Uruguay: Oil rents (% of GDP)
In , Uruguay's Oil rents (% of GDP) was 0.01.
That's up 145.1% from 2020, the highest value since .
The global average for this indicator in 2021 was 2.59 . Uruguay ranks #101 globally out of 190 reporting countries. Within Latin America & Caribbean, it ranks #18 of 35.
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
- 0.04
- Trough
- 0.00
- 1-year change
- +145.1%
- 5-year change
- -0.3%
- -0.1% / yr
- 10-year change
- -70.9%
- -11.6% / yr
Historical Data — Last 10 Years
| Year | Oil rents (% of GDP) |
|---|---|
| 0.0097 | |
| 0.0040 | |
| 0.0074 | |
| 0.0087 | |
| 0.0055 | |
| 0.0097 | |
| 0.0130 | |
| 0.0418 | |
| 0.0357 | |
| 0.0329 |
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 Uruguay's Oil rents (% of GDP) in 2021?
- In 2021, Uruguay's Oil rents (% of GDP) was 0.01, according to World Bank Open Data.
- Is Uruguay's Oil rents (% of GDP) rising or falling?
- Uruguay's Oil rents (% of GDP) rose 145.1% from 2020 to 2021.
- How does Uruguay rank globally on Oil rents (% of GDP)?
- In 2021, Uruguay ranked #101 out of 190 countries reporting Oil rents (% of GDP).
- How does Uruguay's Oil rents (% of GDP) compare to the world average?
- The global average for Oil rents (% of GDP) in 2021 was 2.59, so Uruguay is below the world average. Within Latin America & Caribbean, it ranks #18 of 35.
- 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.