IDA only vs Trinidad and Tobago: Oil rents
IDA only
0.7%
in 2021
Trinidad and Tobago
2.7%
in 2021
IDA only rank
36th
Trinidad and Tobago rank
36th
Oil rents over time
- IDA only
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 2.7% against 0.7% in IDA only, a difference of 2.0%.
That makes Trinidad and Tobago's figure about 4.1 times IDA only's.
Across all 43 years both countries report, Trinidad and Tobago has been ahead every year.
IDA only ranks 36th and Trinidad and Tobago ranks 36th of 47 groups.
Trinidad and Tobago has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IDA only | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.4% | 24.8% | 23.4% | Trinidad and Tobago |
| 1980s | 1.2% | 15.7% | 14.6% | Trinidad and Tobago |
| 1990s | 2.3% | 10.8% | 8.5% | Trinidad and Tobago |
| 2000s | 3.3% | 9.2% | 6.0% | Trinidad and Tobago |
| 2010s | 1.6% | 5.0% | 3.4% | Trinidad and Tobago |
| 2020s | 0.5% | 2.1% | 1.6% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, IDA only or Trinidad and Tobago?
- Trinidad and Tobago, at 2.7% against 0.7% in IDA only as of 2021.
- What is the difference in oil rents between IDA only and Trinidad and Tobago?
- 2.0%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for IDA only and Trinidad and Tobago?
- 43 years are reported by both, from 1975 to 2021.
- How do IDA only and Trinidad and Tobago rank globally for oil rents?
- IDA only ranks 36th and Trinidad and Tobago ranks 36th 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.