Arab World vs Libya: Oil rents
Arab World
17.3%
in 2021
Libya
56.4%
in 2021
Arab World rank
1st
Libya rank
1st
Oil rents over time
- Arab World
- Libya
How they compare
Libya currently reports 56.4% against 17.3% in Arab World, a difference of 39.1%.
That makes Libya's figure about 3.3 times Arab World's.
The two have swapped places 4 times across 32 shared years of data; in 1990 it was Libya ahead.
Arab World ranks 1st and Libya ranks 1st of 47 groups.
Libya has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Arab World | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.5% | 25.1% | 6.6% | Libya |
| 2000s | 27.4% | 51.1% | 23.7% | Libya |
| 2010s | 23.2% | 33.2% | 10.0% | Libya |
| 2020s | 14.4% | 32.8% | 18.4% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Arab World or Libya?
- Libya, at 56.4% against 17.3% in Arab World as of 2021.
- What is the difference in oil rents between Arab World and Libya?
- 39.1%, with Libya ahead.
- How many years of comparable data are there for Arab World and Libya?
- 32 years are reported by both, from 1990 to 2021.
- How do Arab World and Libya rank globally for oil rents?
- Arab World ranks 1st and Libya ranks 1st 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.