Caribbean Small States vs Kuwait: Oil rents
Caribbean Small States
4.3%
in 2021
Kuwait
27.6%
in 2020
Caribbean Small States rank
8th
Kuwait rank
5th
Oil rents over time
- Caribbean Small States
- Kuwait
How they compare
Kuwait currently reports 27.6% against 4.3% in Caribbean Small States, a difference of 23.3%.
That makes Kuwait's figure about 6.4 times Caribbean Small States's.
Across all 41 years both countries report, Kuwait has been ahead every year.
Caribbean Small States ranks 8th and Kuwait ranks 5th of 47 groups.
Kuwait has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Caribbean Small States | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.1% | 37.6% | 29.5% | Kuwait |
| 1990s | 3.9% | 33.3% | 29.4% | Kuwait |
| 2000s | 4.1% | 46.0% | 42.0% | Kuwait |
| 2010s | 2.7% | 46.0% | 43.3% | Kuwait |
| 2020s | 1.5% | 27.6% | 26.1% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Caribbean Small States or Kuwait?
- Kuwait, at 27.6% against 4.3% in Caribbean Small States as of 2020.
- What is the difference in oil rents between Caribbean Small States and Kuwait?
- 23.3%, with Kuwait ahead.
- How many years of comparable data are there for Caribbean Small States and Kuwait?
- 41 years are reported by both, from 1980 to 2020.
- How do Caribbean Small States and Kuwait rank globally for oil rents?
- Caribbean Small States ranks 8th and Kuwait ranks 5th of 47 groups.
- 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.