Azerbaijan vs Saudi Arabia: Oil rents
Azerbaijan
21.0%
in 2021
Saudi Arabia
23.7%
in 2021
Azerbaijan rank
9th
Saudi Arabia rank
6th
Oil rents over time
- Azerbaijan
- Saudi Arabia
How they compare
Saudi Arabia currently reports 23.7% against 21.0% in Azerbaijan, a difference of 2.7%.
That makes Saudi Arabia's figure about 1.1 times Azerbaijan's.
The two have swapped places 2 times across 31 shared years of data; in 1990 it was Saudi Arabia ahead.
Azerbaijan ranks 9th and Saudi Arabia ranks 6th of 201 countries.
Saudi Arabia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.5% | 30.2% | 10.7% | Saudi Arabia |
| 2000s | 31.0% | 42.1% | 11.0% | Saudi Arabia |
| 2010s | 21.1% | 33.9% | 12.9% | Saudi Arabia |
| 2020s | 16.1% | 19.8% | 3.8% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Azerbaijan or Saudi Arabia?
- Saudi Arabia, at 23.7% against 21.0% in Azerbaijan as of 2021.
- What is the difference in oil rents between Azerbaijan and Saudi Arabia?
- 2.7%, with Saudi Arabia ahead.
- How many years of comparable data are there for Azerbaijan and Saudi Arabia?
- 31 years are reported by both, from 1990 to 2021.
- How do Azerbaijan and Saudi Arabia rank globally for oil rents?
- Azerbaijan ranks 9th and Saudi Arabia ranks 6th 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.