Ghana vs Low & middle income: Oil rents
Ghana
4.1%
in 2021
Low & middle income
1.5%
in 2021
Ghana rank
30th
Low & middle income rank
28th
Oil rents over time
- Ghana
- Low & middle income
How they compare
Ghana currently reports 4.1% against 1.5% in Low & middle income, a difference of 2.6%.
That makes Ghana's figure about 2.7 times Low & middle income's.
The two have swapped places 5 times across 51 shared years of data; in 1971 it was Low & middle income ahead.
Ghana ranks 30th and Low & middle income ranks 28th of 201 countries.
Across the 6 decades both report, Ghana averaged higher in 2 and Low & middle income in 4.
Head to head by decade
| Decade | Ghana | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 5.1% | 5.1% | Low & middle income |
| 1980s | 0.1% | 5.7% | 5.5% | Low & middle income |
| 1990s | 0.2% | 3.1% | 3.0% | Low & middle income |
| 2000s | 0.6% | 4.4% | 3.9% | Low & middle income |
| 2010s | 3.0% | 2.6% | 0.4% | Ghana |
| 2020s | 3.2% | 1.2% | 2.0% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Ghana or Low & middle income?
- Ghana, at 4.1% against 1.5% in Low & middle income as of 2021.
- What is the difference in oil rents between Ghana and Low & middle income?
- 2.6%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Low & middle income?
- 51 years are reported by both, from 1971 to 2021.
- How do Ghana and Low & middle income rank globally for oil rents?
- Ghana ranks 30th and Low & middle income ranks 28th 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.