Brunei vs Latin America & Caribbean: Oil rents
Brunei
10.4%
in 2021
Latin America & Caribbean
1.9%
in 2021
Brunei rank
21st
Latin America & Caribbean rank
21st
Oil rents over time
- Brunei
- Latin America & Caribbean
How they compare
Brunei currently reports 10.4% against 1.9% in Latin America & Caribbean, a difference of 8.5%.
That makes Brunei's figure about 5.4 times Latin America & Caribbean's.
Across all 51 years both countries report, Brunei has been ahead every year.
Brunei ranks 21st and Latin America & Caribbean ranks 21st of 201 countries.
Brunei has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Brunei | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 33.8% | 2.0% | 31.8% | Brunei |
| 1980s | 30.1% | 4.3% | 25.8% | Brunei |
| 1990s | 17.1% | 2.1% | 15.0% | Brunei |
| 2000s | 22.0% | 3.7% | 18.3% | Brunei |
| 2010s | 13.9% | 2.3% | 11.6% | Brunei |
| 2020s | 6.9% | 1.4% | 5.6% | Brunei |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Brunei or Latin America & Caribbean?
- Brunei, at 10.4% against 1.9% in Latin America & Caribbean as of 2021.
- What is the difference in oil rents between Brunei and Latin America & Caribbean?
- 8.5%, with Brunei ahead.
- How many years of comparable data are there for Brunei and Latin America & Caribbean?
- 51 years are reported by both, from 1970 to 2021.
- How do Brunei and Latin America & Caribbean rank globally for oil rents?
- Brunei ranks 21st and Latin America & Caribbean ranks 21st 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.