Argentina vs European Union: Oil rents
Argentina
1.5%
in 2021
European Union
0.0%
in 2021
Argentina rank
43rd
European Union rank
45th
Oil rents over time
- Argentina
- European Union
How they compare
Argentina currently reports 1.5% against 0.0% in European Union, a difference of 1.5%.
That makes Argentina's figure about 38.4 times European Union's.
Across all 52 years both countries report, Argentina has been ahead every year.
Argentina ranks 43rd and European Union ranks 45th of 201 countries.
Argentina has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Argentina | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 0.0% | 1.6% | Argentina |
| 1980s | 2.9% | 0.1% | 2.9% | Argentina |
| 1990s | 1.1% | 0.0% | 1.1% | Argentina |
| 2000s | 3.4% | 0.1% | 3.4% | Argentina |
| 2010s | 1.6% | 0.1% | 1.6% | Argentina |
| 2020s | 1.1% | 0.0% | 1.1% | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Argentina or European Union?
- Argentina, at 1.5% against 0.0% in European Union as of 2021.
- What is the difference in oil rents between Argentina and European Union?
- 1.5%, with Argentina ahead.
- How many years of comparable data are there for Argentina and European Union?
- 52 years are reported by both, from 1970 to 2021.
- How do Argentina and European Union rank globally for oil rents?
- Argentina ranks 43rd and European Union ranks 45th 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.