Australia vs Cuba: Oil rents
Australia
0.3%
in 2021
Cuba
0.2%
in 2020
Australia rank
71st
Cuba rank
73rd
Oil rents over time
- Australia
- Cuba
How they compare
Australia currently reports 0.3% against 0.2% in Cuba, a difference of 0.1%.
That makes Australia's figure about 1.2 times Cuba's.
The two have swapped places 1 time across 51 shared years of data; in 1970 it was Australia ahead.
Australia ranks 71st and Cuba ranks 73rd of 201 countries.
Across the 6 decades both report, Australia averaged higher in 3 and Cuba in 3.
Head to head by decade
| Decade | Australia | Cuba | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.0% | 0.1% | 0.9% | Australia |
| 1980s | 1.5% | 0.3% | 1.2% | Australia |
| 1990s | 0.5% | 0.4% | 0.1% | Australia |
| 2000s | 0.8% | 1.2% | 0.4% | Cuba |
| 2010s | 0.4% | 1.0% | 0.6% | Cuba |
| 2020s | 0.1% | 0.2% | 0.1% | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Australia or Cuba?
- Australia, at 0.3% against 0.2% in Cuba as of 2021.
- What is the difference in oil rents between Australia and Cuba?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Cuba?
- 51 years are reported by both, from 1970 to 2020.
- How do Australia and Cuba rank globally for oil rents?
- Australia ranks 71st and Cuba ranks 73rd 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.