Algeria vs Venezuela, Bolivarian Republic of: Oil rents as a share of GDP
Algeria
14.5%
in 2021
Venezuela, Bolivarian Republic of
11.3%
in 2014
Algeria rank
17th
Venezuela, Bolivarian Republic of rank
18th
Oil rents as a share of GDP over time
- Algeria
- Venezuela, Bolivarian Republic of
How they compare
Algeria currently reports 14.5% against 11.3% in Venezuela, Bolivarian Republic of, a difference of 3.2%.
That makes Algeria's figure about 1.3 times Venezuela, Bolivarian Republic of's.
The two have swapped places 8 times across 45 shared years of data; in 1970 it was Algeria ahead.
Algeria ranks 17th and Venezuela, Bolivarian Republic of ranks 18th of 199 countries.
Across the 5 decades both report, Algeria averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Algeria | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.8% | 17.5% | 1.3% | Algeria |
| 1980s | 15.5% | 17.3% | 1.9% | Venezuela, Bolivarian Republic of |
| 1990s | 13.4% | 16.6% | 3.1% | Venezuela, Bolivarian Republic of |
| 2000s | 23.1% | 20.7% | 2.4% | Algeria |
| 2010s | 22.0% | 16.2% | 5.8% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents as a share of gdp, Algeria or Venezuela, Bolivarian Republic of?
- Algeria, at 14.5% against 11.3% in Venezuela, Bolivarian Republic of as of 2021.
- What is the difference in oil rents as a share of gdp between Algeria and Venezuela, Bolivarian Republic of?
- 3.2%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Venezuela, Bolivarian Republic of?
- 45 years are reported by both, from 1970 to 2014.
- How do Algeria and Venezuela, Bolivarian Republic of rank globally for oil rents as a share of gdp?
- Algeria ranks 17th and Venezuela, Bolivarian Republic of ranks 18th of 199 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) β processed by Our World in Data, published as Oil rents as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.