Algeria vs Least developed countries: Oil rents
Algeria
14.5%
in 2021
Least developed countries
2.1%
in 2021
Algeria rank
17th
Least developed countries rank
17th
Oil rents over time
- Algeria
- Least developed countries
How they compare
Algeria currently reports 14.5% against 2.1% in Least developed countries, a difference of 12.4%.
That makes Algeria's figure about 6.8 times Least developed countries's.
Across all 42 years both countries report, Algeria has been ahead every year.
Algeria ranks 17th and Least developed countries ranks 17th of 201 countries.
Algeria has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Algeria | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.5% | 1.2% | 14.2% | Algeria |
| 1990s | 13.4% | 3.6% | 9.8% | Algeria |
| 2000s | 23.1% | 7.4% | 15.6% | Algeria |
| 2010s | 17.4% | 4.7% | 12.6% | Algeria |
| 2020s | 11.8% | 1.6% | 10.1% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Algeria or Least developed countries?
- Algeria, at 14.5% against 2.1% in Least developed countries as of 2021.
- What is the difference in oil rents between Algeria and Least developed countries?
- 12.4%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Least developed countries?
- 42 years are reported by both, from 1980 to 2021.
- How do Algeria and Least developed countries rank globally for oil rents?
- Algeria ranks 17th and Least developed countries ranks 17th 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.