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

Kazakhstan
14.8%
in 2021
Venezuela, Bolivarian Republic of
11.3%
in 2014
Kazakhstan rank
16th
Venezuela, Bolivarian Republic of rank
18th

Oil rents as a share of GDP over time

  • Kazakhstan
  • Venezuela, Bolivarian Republic of
010203040197019952021

How they compare

Kazakhstan currently reports 14.8% against 11.3% in Venezuela, Bolivarian Republic of, a difference of 3.5%.

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

The two have swapped places 5 times across 25 shared years of data; in 1990 it was Venezuela, Bolivarian Republic of ahead.

Kazakhstan ranks 16th and Venezuela, Bolivarian Republic of ranks 18th of 199 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Kazakhstan Venezuela, Bolivarian Republic of Difference Ahead
1990s 6.9% 16.6% 9.7% Venezuela, Bolivarian Republic of
2000s 20.4% 20.7% 0.3% Venezuela, Bolivarian Republic of
2010s 15.2% 16.2% 1.0% Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Kazakhstan or Venezuela, Bolivarian Republic of?
Kazakhstan, at 14.8% against 11.3% in Venezuela, Bolivarian Republic of as of 2021.
What is the difference in oil rents as a share of gdp between Kazakhstan and Venezuela, Bolivarian Republic of?
3.5%, with Kazakhstan ahead.
How many years of comparable data are there for Kazakhstan and Venezuela, Bolivarian Republic of?
25 years are reported by both, from 1990 to 2014.
How do Kazakhstan and Venezuela, Bolivarian Republic of rank globally for oil rents as a share of gdp?
Kazakhstan ranks 16th 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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Kazakhstan 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 11 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/kazakhstan/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.