Canada vs North America: Oil rents
Canada
2.8%
in 2021
North America
0.8%
in 2021
Canada rank
35th
North America rank
35th
Oil rents over time
- Canada
- North America
How they compare
Canada currently reports 2.8% against 0.8% in North America, a difference of 2.0%.
That makes Canada's figure about 3.6 times North America's.
Across all 52 years both countries report, Canada has been ahead every year.
Canada ranks 35th and North America ranks 35th of 201 countries.
Canada has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Canada | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.7% | 1.2% | 0.5% | Canada |
| 1980s | 2.2% | 1.3% | 0.8% | Canada |
| 1990s | 1.0% | 0.4% | 0.6% | Canada |
| 2000s | 1.5% | 0.4% | 1.1% | Canada |
| 2010s | 1.1% | 0.3% | 0.8% | Canada |
| 2020s | 1.9% | 0.5% | 1.3% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Canada or North America?
- Canada, at 2.8% against 0.8% in North America as of 2021.
- What is the difference in oil rents between Canada and North America?
- 2.0%, with Canada ahead.
- How many years of comparable data are there for Canada and North America?
- 52 years are reported by both, from 1970 to 2021.
- How do Canada and North America rank globally for oil rents?
- Canada ranks 35th and North America ranks 35th 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.