Latvia vs Portugal: Oil rents as a share of GDP
Latvia
0.1%
in 2021
Portugal
0.1%
in 2021
Latvia rank
83rd
Portugal rank
85th
Oil rents as a share of GDP over time
- Latvia
- Portugal
How they compare
Latvia currently reports 0.1% against 0.1% in Portugal, a difference of 0.0%.
That makes Latvia's figure about 1.3 times Portugal's.
The two have swapped places 1 time across 27 shared years of data; in 1995 it was Portugal ahead.
Latvia ranks 83rd and Portugal ranks 85th of 199 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | — |
| 2000s | 0.0% | 0.0% | 0.0% | Latvia |
| 2010s | 0.1% | 0.0% | 0.0% | Latvia |
| 2020s | 0.0% | 0.0% | 0.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents as a share of gdp, Latvia or Portugal?
- Latvia, at 0.1% against 0.1% in Portugal as of 2021.
- What is the difference in oil rents as a share of gdp between Latvia and Portugal?
- 0.0%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Portugal?
- 27 years are reported by both, from 1995 to 2021.
- How do Latvia and Portugal rank globally for oil rents as a share of gdp?
- Latvia ranks 83rd and Portugal ranks 85th 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.
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.