Africa Western and Central vs Saudi Arabia: Oil rents
Africa Western and Central
5.4%
in 2021
Saudi Arabia
23.7%
in 2021
Africa Western and Central rank
6th
Saudi Arabia rank
6th
Oil rents over time
- Africa Western and Central
- Saudi Arabia
How they compare
Saudi Arabia currently reports 23.7% against 5.4% in Africa Western and Central, a difference of 18.3%.
That makes Saudi Arabia's figure about 4.4 times Africa Western and Central's.
Across all 51 years both countries report, Saudi Arabia has been ahead every year.
Africa Western and Central ranks 6th and Saudi Arabia ranks 6th of 47 groups.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.0% | 52.0% | 41.0% | Saudi Arabia |
| 1980s | 6.5% | 37.0% | 30.4% | Saudi Arabia |
| 1990s | 10.7% | 30.3% | 19.6% | Saudi Arabia |
| 2000s | 11.3% | 42.1% | 30.8% | Saudi Arabia |
| 2010s | 7.4% | 33.9% | 26.5% | Saudi Arabia |
| 2020s | 4.2% | 19.8% | 15.6% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Africa Western and Central or Saudi Arabia?
- Saudi Arabia, at 23.7% against 5.4% in Africa Western and Central as of 2021.
- What is the difference in oil rents between Africa Western and Central and Saudi Arabia?
- 18.3%, with Saudi Arabia ahead.
- How many years of comparable data are there for Africa Western and Central and Saudi Arabia?
- 51 years are reported by both, from 1971 to 2021.
- How do Africa Western and Central and Saudi Arabia rank globally for oil rents?
- Africa Western and Central ranks 6th and Saudi Arabia ranks 6th 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.