Africa Western and Central vs Kuwait: Oil rents
Africa Western and Central
5.4%
in 2021
Kuwait
27.6%
in 2020
Africa Western and Central rank
6th
Kuwait rank
5th
Oil rents over time
- Africa Western and Central
- Kuwait
How they compare
Kuwait currently reports 27.6% against 5.4% in Africa Western and Central, a difference of 22.2%.
That makes Kuwait's figure about 5.1 times Africa Western and Central's.
Across all 49 years both countries report, Kuwait has been ahead every year.
Africa Western and Central ranks 6th and Kuwait ranks 5th of 47 groups.
Kuwait has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.9% | 55.1% | 46.2% | Kuwait |
| 1980s | 6.5% | 37.6% | 31.0% | Kuwait |
| 1990s | 10.7% | 33.3% | 22.6% | Kuwait |
| 2000s | 11.3% | 46.0% | 34.8% | Kuwait |
| 2010s | 7.4% | 46.0% | 38.5% | Kuwait |
| 2020s | 3.0% | 27.6% | 24.6% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Africa Western and Central or Kuwait?
- Kuwait, at 27.6% against 5.4% in Africa Western and Central as of 2020.
- What is the difference in oil rents between Africa Western and Central and Kuwait?
- 22.2%, with Kuwait ahead.
- How many years of comparable data are there for Africa Western and Central and Kuwait?
- 49 years are reported by both, from 1971 to 2020.
- How do Africa Western and Central and Kuwait rank globally for oil rents?
- Africa Western and Central ranks 6th and Kuwait ranks 5th 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.