Brunei vs Latin America & the Caribbean (IDA & IBRD countries): Oil rents
Brunei
10.4%
in 2021
Latin America & the Caribbean (IDA & IBRD countries)
2.0%
in 2021
Brunei rank
21st
Latin America & the Caribbean (IDA & IBRD countries) rank
19th
Oil rents over time
- Brunei
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Brunei currently reports 10.4% against 2.0% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 8.4%.
That makes Brunei's figure about 5.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 51 years both countries report, Brunei has been ahead every year.
Brunei ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th 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 & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 33.8% | 2.1% | 31.7% | Brunei |
| 1980s | 30.1% | 4.5% | 25.6% | Brunei |
| 1990s | 17.1% | 2.2% | 14.9% | Brunei |
| 2000s | 22.0% | 3.8% | 18.1% | Brunei |
| 2010s | 13.9% | 2.4% | 11.5% | Brunei |
| 2020s | 6.9% | 1.4% | 5.5% | Brunei |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Brunei or Latin America & the Caribbean (IDA & IBRD countries)?
- Brunei, at 10.4% against 2.0% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in oil rents between Brunei and Latin America & the Caribbean (IDA & IBRD countries)?
- 8.4%, with Brunei ahead.
- How many years of comparable data are there for Brunei and Latin America & the Caribbean (IDA & IBRD countries)?
- 51 years are reported by both, from 1970 to 2021.
- How do Brunei and Latin America & the Caribbean (IDA & IBRD countries) rank globally for oil rents?
- Brunei ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th 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.