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Yemen, Rep.: Oil rents (% of GDP)

In , Yemen, Rep.'s Oil rents (% of GDP) was 4.82.

That's up 151.6% from 2017, the highest value since .

The global average for this indicator in 2018 was 2.59 .

Source: World Bank Open Data (NY.GDP.PETR.RT.ZS) • Data as of 2018

Trend (2002–2018)

Yemen, Rep. Oil rents (% of GDP) trend 2008: Global financial crisis 2014: Oil price collapse 2010: Arab Spring begins
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse
  • 2010 · Arab Spring begins

Highlights

Peak
41.09
Trough
0.71
1-year change
+151.6%
5-year change
-56.6%
-15.4% / yr
10-year change
-85.7%
-17.7% / yr

Historical Data — Last 10 Years

Year Oil rents (% of GDP)
4.8236
1.9173
0.7102
1.6976
9.0009
11.1124
17.0273
23.3982
22.1801
20.6196

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.ZSCategory: Economy

Frequently asked questions

What was Yemen, Rep.'s Oil rents (% of GDP) in 2018?
In 2018, Yemen, Rep.'s Oil rents (% of GDP) was 4.82, according to World Bank Open Data.
Is Yemen, Rep.'s Oil rents (% of GDP) rising or falling?
Yemen, Rep.'s Oil rents (% of GDP) rose 151.6% from 2017 to 2018.
How does Yemen, Rep.'s Oil rents (% of GDP) compare to the world average?
The global average for Oil rents (% of GDP) in 2018 was 2.59, so Yemen, Rep. 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.
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Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0.