Heavily indebted poor countries (HIPC) vs Norway: Oil rents
Heavily indebted poor countries (HIPC)
1.8%
in 2021
Norway
6.1%
in 2021
Heavily indebted poor countries (HIPC) rank
24th
Norway rank
26th
Oil rents over time
- Heavily indebted poor countries (HIPC)
- Norway
How they compare
Norway currently reports 6.1% against 1.8% in Heavily indebted poor countries (HIPC), a difference of 4.3%.
That makes Norway's figure about 3.3 times Heavily indebted poor countries (HIPC)'s.
Across all 42 years both countries report, Norway has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 24th and Norway ranks 26th of 47 groups.
Norway has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.2% | 4.4% | 3.2% | Norway |
| 1990s | 1.0% | 5.2% | 4.2% | Norway |
| 2000s | 3.3% | 8.6% | 5.2% | Norway |
| 2010s | 2.2% | 5.0% | 2.8% | Norway |
| 2020s | 1.4% | 4.6% | 3.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Heavily indebted poor countries (HIPC) or Norway?
- Norway, at 6.1% against 1.8% in Heavily indebted poor countries (HIPC) as of 2021.
- What is the difference in oil rents between Heavily indebted poor countries (HIPC) and Norway?
- 4.3%, with Norway ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Norway?
- 42 years are reported by both, from 1980 to 2021.
- How do Heavily indebted poor countries (HIPC) and Norway rank globally for oil rents?
- Heavily indebted poor countries (HIPC) ranks 24th and Norway ranks 26th 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.
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.