Azerbaijan vs Caribbean Small States: Oil rents
Azerbaijan
21.0%
in 2021
Caribbean Small States
4.3%
in 2021
Azerbaijan rank
9th
Caribbean Small States rank
8th
Oil rents over time
- Azerbaijan
- Caribbean Small States
How they compare
Azerbaijan currently reports 21.0% against 4.3% in Caribbean Small States, a difference of 16.7%.
That makes Azerbaijan's figure about 4.9 times Caribbean Small States's.
Across all 31 years both countries report, Azerbaijan has been ahead every year.
Azerbaijan ranks 9th and Caribbean Small States ranks 8th of 201 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Caribbean Small States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.5% | 3.9% | 15.6% | Azerbaijan |
| 2000s | 31.0% | 4.1% | 27.0% | Azerbaijan |
| 2010s | 21.1% | 2.7% | 18.4% | Azerbaijan |
| 2020s | 16.1% | 2.9% | 13.2% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Azerbaijan or Caribbean Small States?
- Azerbaijan, at 21.0% against 4.3% in Caribbean Small States as of 2021.
- What is the difference in oil rents between Azerbaijan and Caribbean Small States?
- 16.7%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Caribbean Small States?
- 31 years are reported by both, from 1990 to 2021.
- How do Azerbaijan and Caribbean Small States rank globally for oil rents?
- Azerbaijan ranks 9th and Caribbean Small States ranks 8th 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.