Ghana vs Upper middle income: Oil rents
Ghana
4.1%
in 2021
Upper middle income
1.5%
in 2021
Ghana rank
30th
Upper middle income rank
29th
Oil rents over time
- Ghana
- Upper middle income
How they compare
Ghana currently reports 4.1% against 1.5% in Upper middle income, a difference of 2.6%.
That makes Ghana's figure about 2.7 times Upper middle income's.
The two have swapped places 3 times across 51 shared years of data; in 1971 it was Upper middle income ahead.
Ghana ranks 30th and Upper middle income ranks 29th of 201 countries.
Across the 6 decades both report, Ghana averaged higher in 2 and Upper middle income in 4.
Head to head by decade
| Decade | Ghana | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 5.2% | 5.1% | Upper middle income |
| 1980s | 0.1% | 6.1% | 5.9% | Upper middle income |
| 1990s | 0.2% | 2.7% | 2.5% | Upper middle income |
| 2000s | 0.6% | 4.2% | 3.6% | Upper middle income |
| 2010s | 3.0% | 2.5% | 0.5% | 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 Upper middle income?
- Ghana, at 4.1% against 1.5% in Upper middle income as of 2021.
- What is the difference in oil rents between Ghana and Upper middle income?
- 2.6%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Upper middle income?
- 51 years are reported by both, from 1971 to 2021.
- How do Ghana and Upper middle income rank globally for oil rents?
- Ghana ranks 30th and Upper middle income ranks 29th 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.