Azerbaijan vs Sub-Saharan Africa: Oil rents
Azerbaijan
21.0%
in 2021
Sub-Saharan Africa
3.8%
in 2021
Azerbaijan rank
9th
Sub-Saharan Africa rank
10th
Oil rents over time
- Azerbaijan
- Sub-Saharan Africa
How they compare
Azerbaijan currently reports 21.0% against 3.8% in Sub-Saharan Africa, a difference of 17.2%.
That makes Azerbaijan's figure about 5.5 times Sub-Saharan Africa's.
Across all 31 years both countries report, Azerbaijan has been ahead every year.
Azerbaijan ranks 9th and Sub-Saharan Africa ranks 10th of 201 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.5% | 5.1% | 14.4% | Azerbaijan |
| 2000s | 31.0% | 7.2% | 23.9% | Azerbaijan |
| 2010s | 21.1% | 5.5% | 15.5% | Azerbaijan |
| 2020s | 16.1% | 3.0% | 13.1% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Azerbaijan or Sub-Saharan Africa?
- Azerbaijan, at 21.0% against 3.8% in Sub-Saharan Africa as of 2021.
- What is the difference in oil rents between Azerbaijan and Sub-Saharan Africa?
- 17.2%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Sub-Saharan Africa?
- 31 years are reported by both, from 1990 to 2021.
- How do Azerbaijan and Sub-Saharan Africa rank globally for oil rents?
- Azerbaijan ranks 9th and Sub-Saharan Africa ranks 10th 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.