Africa Western and Central vs Azerbaijan: Oil rents
Africa Western and Central
5.4%
in 2021
Azerbaijan
21.0%
in 2021
Africa Western and Central rank
6th
Azerbaijan rank
9th
Oil rents over time
- Africa Western and Central
- Azerbaijan
How they compare
Azerbaijan currently reports 21.0% against 5.4% in Africa Western and Central, a difference of 15.6%.
That makes Azerbaijan's figure about 3.9 times Africa Western and Central's.
The two have swapped places 4 times across 31 shared years of data; in 1990 it was Azerbaijan ahead.
Africa Western and Central ranks 6th and Azerbaijan ranks 9th of 47 groups.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Azerbaijan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.8% | 19.5% | 8.7% | Azerbaijan |
| 2000s | 11.3% | 31.0% | 19.8% | Azerbaijan |
| 2010s | 7.4% | 21.1% | 13.6% | Azerbaijan |
| 2020s | 4.2% | 16.1% | 11.9% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Africa Western and Central or Azerbaijan?
- Azerbaijan, at 21.0% against 5.4% in Africa Western and Central as of 2021.
- What is the difference in oil rents between Africa Western and Central and Azerbaijan?
- 15.6%, with Azerbaijan ahead.
- How many years of comparable data are there for Africa Western and Central and Azerbaijan?
- 31 years are reported by both, from 1990 to 2021.
- How do Africa Western and Central and Azerbaijan rank globally for oil rents?
- Africa Western and Central ranks 6th and Azerbaijan ranks 9th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.