Congo vs Libya: Oil rents
Congo
34.4%
in 2021
Libya
56.4%
in 2021
Congo rank
3rd
Libya rank
1st
Oil rents over time
- Congo
- Libya
How they compare
Libya currently reports 56.4% against 34.4% in Congo, a difference of 22.0%.
That makes Libya's figure about 1.6 times Congo's.
The two have swapped places 6 times across 32 shared years of data; in 1990 it was Libya ahead.
Congo ranks 3rd and Libya ranks 1st of 200 countries.
Across the 4 decades both report, Congo averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Congo | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.3% | 25.1% | 5.2% | Congo |
| 2000s | 42.9% | 51.1% | 8.1% | Libya |
| 2010s | 30.6% | 33.2% | 2.5% | Libya |
| 2020s | 28.4% | 32.8% | 4.4% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Congo or Libya?
- Libya, at 56.4% against 34.4% in Congo as of 2021.
- What is the difference in oil rents between Congo and Libya?
- 22.0%, with Libya ahead.
- How many years of comparable data are there for Congo and Libya?
- 32 years are reported by both, from 1990 to 2021.
- How do Congo and Libya rank globally for oil rents?
- Congo ranks 3rd and Libya ranks 1st of 200 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.