Equatorial Guinea vs Venezuela, Bolivarian Republic of: Oil rents as a share of GDP

Equatorial Guinea
14.9%
in 2021
Venezuela, Bolivarian Republic of
11.3%
in 2014
Equatorial Guinea rank
15th
Venezuela, Bolivarian Republic of rank
18th

Oil rents as a share of GDP over time

  • Equatorial Guinea
  • Venezuela, Bolivarian Republic of
020406080197019952021

How they compare

Equatorial Guinea currently reports 14.9% against 11.3% in Venezuela, Bolivarian Republic of, a difference of 3.6%.

That makes Equatorial Guinea's figure about 1.3 times Venezuela, Bolivarian Republic of's.

The two have swapped places 1 time across 31 shared years of data; in 1980 it was Venezuela, Bolivarian Republic of ahead.

Equatorial Guinea ranks 15th and Venezuela, Bolivarian Republic of ranks 18th of 199 countries.

Across the 4 decades both report, Equatorial Guinea averaged higher in 3 and Venezuela, Bolivarian Republic of in 1.

Head to head by decade

Decade Equatorial Guinea Venezuela, Bolivarian Republic of Difference Ahead
1980s 0.0% 17.3% 17.3% Venezuela, Bolivarian Republic of
1990s 25.8% 16.6% 9.3% Equatorial Guinea
2000s 51.1% 21.5% 29.6% Equatorial Guinea
2010s 30.8% 16.2% 14.6% Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Equatorial Guinea or Venezuela, Bolivarian Republic of?
Equatorial Guinea, at 14.9% against 11.3% in Venezuela, Bolivarian Republic of as of 2021.
What is the difference in oil rents as a share of gdp between Equatorial Guinea and Venezuela, Bolivarian Republic of?
3.6%, with Equatorial Guinea ahead.
How many years of comparable data are there for Equatorial Guinea and Venezuela, Bolivarian Republic of?
31 years are reported by both, from 1980 to 2014.
How do Equatorial Guinea and Venezuela, Bolivarian Republic of rank globally for oil rents as a share of gdp?
Equatorial Guinea ranks 15th 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) – 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.

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Equatorial Guinea vs Venezuela, Bolivarian Republic of: Oil rents as a share of GDP. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 10 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/equatorial-guinea/venezuela-rb/

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About this data

Indicator
Oil rents as a share of GDP
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.