Algeria vs Latin America & Caribbean (excluding high income): Oil rents
Algeria
14.5%
in 2021
Latin America & Caribbean (excluding high income)
2.2%
in 2021
Algeria rank
17th
Latin America & Caribbean (excluding high income) rank
16th
Oil rents over time
- Algeria
- Latin America & Caribbean (excluding high income)
How they compare
Algeria currently reports 14.5% against 2.2% in Latin America & Caribbean (excluding high income), a difference of 12.3%.
That makes Algeria's figure about 6.7 times Latin America & Caribbean (excluding high income)'s.
Across all 52 years both countries report, Algeria has been ahead every year.
Algeria ranks 17th and Latin America & Caribbean (excluding high income) ranks 16th of 201 countries.
Algeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Algeria | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.8% | 2.5% | 16.3% | Algeria |
| 1980s | 15.5% | 4.5% | 10.9% | Algeria |
| 1990s | 13.4% | 2.3% | 11.2% | Algeria |
| 2000s | 23.1% | 4.0% | 19.1% | Algeria |
| 2010s | 17.4% | 2.5% | 14.8% | Algeria |
| 2020s | 11.8% | 1.5% | 10.2% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Algeria or Latin America & Caribbean (excluding high income)?
- Algeria, at 14.5% against 2.2% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in oil rents between Algeria and Latin America & Caribbean (excluding high income)?
- 12.3%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Latin America & Caribbean (excluding high income)?
- 52 years are reported by both, from 1970 to 2021.
- How do Algeria and Latin America & Caribbean (excluding high income) rank globally for oil rents?
- Algeria ranks 17th and Latin America & Caribbean (excluding high income) ranks 16th of 201 countries.
- 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.