Which has higher oil rents, IDA total or Venezuela, Bolivarian Republic of?

Venezuela, Bolivarian Republic of, at 11.3% against 2.0% in IDA total as of 2014.

What is the difference in oil rents between IDA total and Venezuela, Bolivarian Republic of?

9.3%, with Venezuela, Bolivarian Republic of ahead.

How many years of comparable data are there for IDA total and Venezuela, Bolivarian Republic of?

44 years are reported by both, from 1971 to 2014.

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.

IDA total vs Venezuela, Bolivarian Republic of: Oil rents

IDA total

2.0%

in 2021

Venezuela, Bolivarian Republic of

11.3%

in 2014

IDA total rank

18th

Venezuela, Bolivarian Republic of rank

18th

Oil rents over time

IDA total
Venezuela, Bolivarian Republic of

How they compare

Venezuela, Bolivarian Republic of currently reports 11.3% against 2.0% in IDA total, a difference of 9.3%.

That makes Venezuela, Bolivarian Republic of's figure about 5.6 times IDA total's.

Across all 44 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.

IDA total ranks 18th and Venezuela, Bolivarian Republic of ranks 18th of 47 groups.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade	IDA total	Venezuela, Bolivarian Republic of	Difference	Ahead
1970s	5.3%	18.9%	13.6%	Venezuela, Bolivarian Republic of
1980s	3.2%	17.3%	14.1%	Venezuela, Bolivarian Republic of
1990s	5.3%	16.6%	11.3%	Venezuela, Bolivarian Republic of
2000s	5.2%	20.7%	15.5%	Venezuela, Bolivarian Republic of
2010s	4.8%	16.2%	11.4%	Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents, IDA total or Venezuela, Bolivarian Republic of?: Venezuela, Bolivarian Republic of, at 11.3% against 2.0% in IDA total as of 2014.
What is the difference in oil rents between IDA total and Venezuela, Bolivarian Republic of?: 9.3%, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for IDA total and Venezuela, Bolivarian Republic of?: 44 years are reported by both, from 1971 to 2014.
How do IDA total and Venezuela, Bolivarian Republic of rank globally for oil rents?: IDA total ranks 18th and Venezuela, Bolivarian Republic of ranks 18th 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

Share, cite or embed this page

Cite this page

IDA total vs Venezuela, Bolivarian Republic of: Oil rents. Statizoid, drawing on The Changing Wealth of Nations, World Bank (WB). Retrieved 14 September 2026, from https://energy.statizoid.com/compare/oil-rents-percent-of-gdp/ida-total/venezuela-rb/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://energy.statizoid.com/compare/oil-rents-percent-of-gdp/ida-total/venezuela-rb/">IDA total vs Venezuela, Bolivarian Republic of: Oil rents</a> — Statizoid

About this data

Indicator: Oil rents (% of GDP)
Unit: % of GDP
Source: The Changing Wealth of Nations, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 248 places, 10,781 data points, 1970–2021
Last refreshed: 03 September 2026

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.