Ecuador vs Norway: Oil rents
Ecuador
6.4%
in 2021
Norway
6.1%
in 2021
Ecuador rank
24th
Norway rank
26th
Oil rents over time
- Ecuador
- Norway
How they compare
Ecuador currently reports 6.4% against 6.1% in Norway, a difference of 0.3%.
That makes Ecuador's figure about 1.1 times Norway's.
The two have swapped places 2 times across 51 shared years of data; in 1971 it was Ecuador ahead.
Ecuador ranks 24th and Norway ranks 26th of 201 countries.
Across the 6 decades both report, Ecuador averaged higher in 5 and Norway in 1.
Head to head by decade
| Decade | Ecuador | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.9% | 1.2% | 3.6% | Ecuador |
| 1980s | 7.6% | 4.4% | 3.2% | Ecuador |
| 1990s | 6.9% | 5.2% | 1.7% | Ecuador |
| 2000s | 13.3% | 8.6% | 4.7% | Ecuador |
| 2010s | 8.9% | 5.0% | 3.9% | Ecuador |
| 2020s | 4.5% | 4.6% | 0.2% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Ecuador or Norway?
- Ecuador, at 6.4% against 6.1% in Norway as of 2021.
- What is the difference in oil rents between Ecuador and Norway?
- 0.3%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Norway?
- 51 years are reported by both, from 1971 to 2021.
- How do Ecuador and Norway rank globally for oil rents?
- Ecuador ranks 24th and Norway ranks 26th 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.