Equatorial Guinea vs Least developed countries: Oil rents
Equatorial Guinea
14.9%
in 2021
Least developed countries
2.1%
in 2021
Equatorial Guinea rank
15th
Least developed countries rank
17th
Oil rents over time
- Equatorial Guinea
- Least developed countries
How they compare
Equatorial Guinea currently reports 14.9% against 2.1% in Least developed countries, a difference of 12.8%.
That makes Equatorial Guinea's figure about 7.1 times Least developed countries's.
The two have swapped places 1 time across 38 shared years of data; in 1980 it was Least developed countries ahead.
Equatorial Guinea ranks 15th and Least developed countries ranks 17th of 201 countries.
Across the 5 decades both report, Equatorial Guinea averaged higher in 4 and Least developed countries in 1.
Head to head by decade
| Decade | Equatorial Guinea | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0% | 1.2% | 1.2% | Least developed countries |
| 1990s | 25.8% | 3.6% | 22.2% | Equatorial Guinea |
| 2000s | 51.1% | 9.2% | 41.9% | Equatorial Guinea |
| 2010s | 23.3% | 4.7% | 18.6% | Equatorial Guinea |
| 2020s | 12.8% | 1.6% | 11.2% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Equatorial Guinea or Least developed countries?
- Equatorial Guinea, at 14.9% against 2.1% in Least developed countries as of 2021.
- What is the difference in oil rents between Equatorial Guinea and Least developed countries?
- 12.8%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Least developed countries?
- 38 years are reported by both, from 1980 to 2021.
- How do Equatorial Guinea and Least developed countries rank globally for oil rents?
- Equatorial Guinea ranks 15th and Least developed countries ranks 17th 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.