Gabon vs Latin America & Caribbean (excluding high income): Oil rents
Gabon
15.6%
in 2021
Latin America & Caribbean (excluding high income)
2.2%
in 2021
Gabon rank
13th
Latin America & Caribbean (excluding high income) rank
16th
Oil rents over time
- Gabon
- Latin America & Caribbean (excluding high income)
How they compare
Gabon currently reports 15.6% against 2.2% in Latin America & Caribbean (excluding high income), a difference of 13.4%.
That makes Gabon's figure about 7.2 times Latin America & Caribbean (excluding high income)'s.
Across all 52 years both countries report, Gabon has been ahead every year.
Gabon ranks 13th and Latin America & Caribbean (excluding high income) ranks 16th of 201 countries.
Gabon has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Gabon | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.0% | 2.5% | 18.5% | Gabon |
| 1980s | 17.8% | 4.5% | 13.3% | Gabon |
| 1990s | 25.2% | 2.3% | 23.0% | Gabon |
| 2000s | 31.1% | 4.0% | 27.0% | Gabon |
| 2010s | 23.0% | 2.5% | 20.5% | Gabon |
| 2020s | 12.8% | 1.5% | 11.2% | Gabon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Gabon or Latin America & Caribbean (excluding high income)?
- Gabon, at 15.6% against 2.2% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in oil rents between Gabon and Latin America & Caribbean (excluding high income)?
- 13.4%, with Gabon ahead.
- How many years of comparable data are there for Gabon and Latin America & Caribbean (excluding high income)?
- 52 years are reported by both, from 1970 to 2021.
- How do Gabon and Latin America & Caribbean (excluding high income) rank globally for oil rents?
- Gabon ranks 13th and Latin America & Caribbean (excluding high income) ranks 16th 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.