Kazakhstan vs Venezuela, Bolivarian Republic of: Oil rents
Kazakhstan
14.8%
in 2021
Venezuela, Bolivarian Republic of
11.3%
in 2014
Kazakhstan rank
16th
Venezuela, Bolivarian Republic of rank
18th
Oil rents over time
- Kazakhstan
- Venezuela, Bolivarian Republic of
How they compare
Kazakhstan currently reports 14.8% against 11.3% in Venezuela, Bolivarian Republic of, a difference of 3.5%.
That makes Kazakhstan's figure about 1.3 times Venezuela, Bolivarian Republic of's.
The two have swapped places 5 times across 25 shared years of data; in 1990 it was Venezuela, Bolivarian Republic of ahead.
Kazakhstan ranks 16th and Venezuela, Bolivarian Republic of ranks 18th of 201 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kazakhstan | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.9% | 16.6% | 9.7% | Venezuela, Bolivarian Republic of |
| 2000s | 20.4% | 20.7% | 0.3% | Venezuela, Bolivarian Republic of |
| 2010s | 15.2% | 16.2% | 1.0% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Kazakhstan or Venezuela, Bolivarian Republic of?
- Kazakhstan, at 14.8% against 11.3% in Venezuela, Bolivarian Republic of as of 2021.
- What is the difference in oil rents between Kazakhstan and Venezuela, Bolivarian Republic of?
- 3.5%, with Kazakhstan ahead.
- How many years of comparable data are there for Kazakhstan and Venezuela, Bolivarian Republic of?
- 25 years are reported by both, from 1990 to 2014.
- How do Kazakhstan and Venezuela, Bolivarian Republic of rank globally for oil rents?
- Kazakhstan ranks 16th and Venezuela, Bolivarian Republic of ranks 18th 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.