What is the difference in oil rents between Europe & Central Asia (IDA & IBRD countries) and Saudi Arabia?

18.9%, with Saudi Arabia ahead.

How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Saudi Arabia?

52 years are reported by both, from 1970 to 2021.

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.

Europe & Central Asia (IDA & IBRD countries) vs Saudi Arabia: Oil rents

Europe & Central Asia (IDA & IBRD countries)

4.8%

in 2021

Saudi Arabia

23.7%

in 2021

Europe & Central Asia (IDA & IBRD countries) rank

7th

Saudi Arabia rank

6th

Oil rents over time

Europe & Central Asia (IDA & IBRD countries)
Saudi Arabia

How they compare

Saudi Arabia currently reports 23.7% against 4.8% in Europe & Central Asia (IDA & IBRD countries), a difference of 18.9%.

That makes Saudi Arabia's figure about 4.9 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 52 years both countries report, Saudi Arabia has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 7th and Saudi Arabia ranks 6th of 47 groups.

Saudi Arabia has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade	Europe & Central Asia (IDA & IBRD countries)	Saudi Arabia	Difference	Ahead
1970s	0.2%	49.3%	49.1%	Saudi Arabia
1980s	1.3%	37.0%	35.7%	Saudi Arabia
1990s	2.8%	30.3%	27.5%	Saudi Arabia
2000s	5.4%	42.1%	36.7%	Saudi Arabia
2010s	4.5%	33.9%	29.4%	Saudi Arabia
2020s	3.6%	19.8%	16.3%	Saudi Arabia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents, Europe & Central Asia (IDA & IBRD countries) or Saudi Arabia?: Saudi Arabia, at 23.7% against 4.8% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
What is the difference in oil rents between Europe & Central Asia (IDA & IBRD countries) and Saudi Arabia?: 18.9%, with Saudi Arabia ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Saudi Arabia?: 52 years are reported by both, from 1970 to 2021.
How do Europe & Central Asia (IDA & IBRD countries) and Saudi Arabia rank globally for oil rents?: Europe & Central Asia (IDA & IBRD countries) ranks 7th 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.

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Europe & Central Asia (IDA & IBRD countries) vs Saudi Arabia: Oil rents. Statizoid, drawing on The Changing Wealth of Nations, World Bank (WB). Retrieved 17 September 2026, from https://energy.statizoid.com/compare/oil-rents-percent-of-gdp/europe-and-central-asia-ida-and-ibrd-countries/saudi-arabia/

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About this data

Indicator: Oil rents (% of GDP)
Unit: % of GDP
Source: The Changing Wealth of Nations, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 248 places, 10,781 data points, 1970–2021
Last refreshed: 17 September 2026

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.