Kazakhstan vs Least developed countries: Oil rents
Kazakhstan
14.8%
in 2021
Least developed countries
2.1%
in 2021
Kazakhstan rank
16th
Least developed countries rank
17th
Oil rents over time
- Kazakhstan
- Least developed countries
How they compare
Kazakhstan currently reports 14.8% against 2.1% in Least developed countries, a difference of 12.7%.
That makes Kazakhstan's figure about 7.0 times Least developed countries's.
The two have swapped places 2 times across 32 shared years of data; in 1990 it was Kazakhstan ahead.
Kazakhstan ranks 16th and Least developed countries ranks 17th of 201 countries.
Kazakhstan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Kazakhstan | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.9% | 3.6% | 3.3% | Kazakhstan |
| 2000s | 20.4% | 7.4% | 12.9% | Kazakhstan |
| 2010s | 12.8% | 4.7% | 8.0% | Kazakhstan |
| 2020s | 11.0% | 1.6% | 9.4% | Kazakhstan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Kazakhstan or Least developed countries?
- Kazakhstan, at 14.8% against 2.1% in Least developed countries as of 2021.
- What is the difference in oil rents between Kazakhstan and Least developed countries?
- 12.7%, with Kazakhstan ahead.
- How many years of comparable data are there for Kazakhstan and Least developed countries?
- 32 years are reported by both, from 1990 to 2021.
- How do Kazakhstan and Least developed countries rank globally for oil rents?
- Kazakhstan ranks 16th and Least developed countries ranks 17th 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.