Caribbean Small States vs Saudi Arabia: Oil rents
Caribbean Small States
4.3%
in 2021
Saudi Arabia
23.7%
in 2021
Caribbean Small States rank
8th
Saudi Arabia rank
6th
Oil rents over time
- Caribbean Small States
- Saudi Arabia
How they compare
Saudi Arabia currently reports 23.7% against 4.3% in Caribbean Small States, a difference of 19.4%.
That makes Saudi Arabia's figure about 5.5 times Caribbean Small States's.
Across all 42 years both countries report, Saudi Arabia has been ahead every year.
Caribbean Small States ranks 8th and Saudi Arabia ranks 6th of 47 groups.
Saudi Arabia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Caribbean Small States | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.1% | 37.0% | 28.8% | Saudi Arabia |
| 1990s | 3.9% | 30.3% | 26.4% | Saudi Arabia |
| 2000s | 4.1% | 42.1% | 38.0% | Saudi Arabia |
| 2010s | 2.7% | 33.9% | 31.3% | Saudi Arabia |
| 2020s | 2.9% | 19.8% | 16.9% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Caribbean Small States or Saudi Arabia?
- Saudi Arabia, at 23.7% against 4.3% in Caribbean Small States as of 2021.
- What is the difference in oil rents between Caribbean Small States and Saudi Arabia?
- 19.4%, with Saudi Arabia ahead.
- How many years of comparable data are there for Caribbean Small States and Saudi Arabia?
- 42 years are reported by both, from 1980 to 2021.
- How do Caribbean Small States and Saudi Arabia rank globally for oil rents?
- Caribbean Small States ranks 8th and Saudi Arabia ranks 6th 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.