Norway vs Turkmenistan: Oil rents as a share of GDP

Norway
6.1%
in 2021
Turkmenistan
5.8%
in 2019
Norway rank
26th
Turkmenistan rank
27th

Oil rents as a share of GDP over time

  • Norway
  • Turkmenistan
010203040197119962021

How they compare

Norway currently reports 6.1% against 5.8% in Turkmenistan, a difference of 0.3%.

Across all 33 years both countries report, Turkmenistan has been ahead every year.

Norway ranks 26th and Turkmenistan ranks 27th of 199 countries.

Turkmenistan has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Norway Turkmenistan Difference Ahead
1980s 3.9% 27.3% 23.4% Turkmenistan
1990s 5.2% 19.3% 14.1% Turkmenistan
2000s 8.6% 20.4% 11.8% Turkmenistan
2010s 5.0% 8.5% 3.5% Turkmenistan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Norway or Turkmenistan?
Norway, at 6.1% against 5.8% in Turkmenistan as of 2021.
What is the difference in oil rents as a share of gdp between Norway and Turkmenistan?
0.3%, with Norway ahead.
How many years of comparable data are there for Norway and Turkmenistan?
33 years are reported by both, from 1987 to 2019.
How do Norway and Turkmenistan rank globally for oil rents as a share of gdp?
Norway ranks 26th and Turkmenistan ranks 27th 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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Norway vs Turkmenistan: 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 09 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/norway/turkmenistan/

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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.