IBRD only vs Norway: Oil rents
IBRD only
1.8%
in 2021
Norway
6.1%
in 2021
IBRD only rank
23rd
Norway rank
26th
Oil rents over time
- IBRD only
- Norway
How they compare
Norway currently reports 6.1% against 1.8% in IBRD only, a difference of 4.3%.
That makes Norway's figure about 3.3 times IBRD only's.
The two have swapped places 1 time across 51 shared years of data; in 1971 it was IBRD only ahead.
IBRD only ranks 23rd and Norway ranks 26th of 47 groups.
Across the 6 decades both report, IBRD only averaged higher in 2 and Norway in 4.
Head to head by decade
| Decade | IBRD only | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.1% | 1.2% | 3.9% | IBRD only |
| 1980s | 6.0% | 4.4% | 1.6% | IBRD only |
| 1990s | 3.0% | 5.2% | 2.2% | Norway |
| 2000s | 4.6% | 8.6% | 4.0% | Norway |
| 2010s | 2.9% | 5.0% | 2.1% | 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, IBRD only or Norway?
- Norway, at 6.1% against 1.8% in IBRD only as of 2021.
- What is the difference in oil rents between IBRD only and Norway?
- 4.3%, with Norway ahead.
- How many years of comparable data are there for IBRD only and Norway?
- 51 years are reported by both, from 1971 to 2021.
- How do IBRD only and Norway rank globally for oil rents?
- IBRD only ranks 23rd 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.