Economy
Oil rents (% of GDP)
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
World Bank code: NY.GDP.PETR.RT.ZS • Data available for 200 countries • Latest year: 2021
In , Libya led Oil rents (% of GDP) at 56.38.
The world median across 190 reporting countries was 0.01.
How "Economy" indicators are measured
Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.
Distribution — 2021
- Reporting
- 190 countries
- Median
- 0.01
- Mean
- 2.59
- 25th percentile
- 0.00
- 75th percentile
- 0.61
- Range
- 0.00 – 56.38
World at a Glance — 2021
Every reporting country, grouped by region, shaded by value (quintile).
Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.
Highest Values — 2021
| # | Country | Oil rents (% of GDP) |
|---|---|---|
| 1 | Libya Middle East, North Africa, Afghanistan & Pakistan | 56.38 |
| 2 | Iraq Middle East, North Africa, Afghanistan & Pakistan | 42.79 |
| 3 | Congo, Rep. Sub-Saharan Africa | 34.38 |
| 4 | Angola Sub-Saharan Africa | 28.27 |
| 5 | Saudi Arabia Middle East, North Africa, Afghanistan & Pakistan | 23.69 |
| 6 | Oman Middle East, North Africa, Afghanistan & Pakistan | 23.54 |
| 7 | Guyana Latin America & Caribbean | 22.08 |
| 8 | Azerbaijan Europe & Central Asia | 20.98 |
| 9 | Iran, Islamic Rep. Middle East, North Africa, Afghanistan & Pakistan | 18.27 |
| 10 | Chad Sub-Saharan Africa | 16.75 |
Looking for a specific country? Only the top and bottom 10 appear here. See where every country ranks for Oil rents (% of GDP).
View complete rankings →Biggest Movers — Year over Year
Largest increases
- Cambodia +29,850.4%
- Jordan +2,969.0%
- Libya +509.9%
- Slovak Republic +258.3%
- Afghanistan +245.1%
Largest decreases
- Benin -100.0%
- Spain -49.0%
- Morocco 20.4%
- Iran, Islamic Rep. 37.6%
- Equatorial Guinea 38.9%
By Income Group — Average
| Income group | Countries | Mean |
|---|---|---|
| High income | 70 | 2.10 |
| Upper middle income | 50 | 4.62 |
| Lower middle income | 49 | 1.87 |
| Low income | 20 | 1.08 |
| Not classified | 1 | 0.00 |
By Region — Average
| Region | Countries | Mean |
|---|---|---|
| East Asia & Pacific | 31 | 0.76 |
| Europe & Central Asia | 49 | 1.19 |
| Latin America & Caribbean | 35 | 1.47 |
| Middle East, North Africa, Afghanistan & Pakistan | 20 | 11.30 |
| North America | 3 | 1.15 |
| South Asia | 6 | 0.06 |
| Sub-Saharan Africa | 46 | 2.79 |
Lowest Values — 2021
| # | Country | Oil rents (% of GDP) |
|---|---|---|
| 1 | Malawi | 0.00 |
| 2 | Macao SAR, China | 0.00 |
| 3 | Luxembourg | 0.00 |
| 4 | Montenegro | 0.00 |
| 5 | Liberia | 0.00 |
| 6 | Lesotho | 0.00 |
| 7 | Lebanon | 0.00 |
| 8 | Namibia | 0.00 |
| 9 | Nauru | 0.00 |
| 10 | Nepal | 0.00 |
Source: World Bank Open Data (NY.GDP.PETR.RT.ZS), CC BY 4.0. Rankings show countries with available data for 2021.