Kuwait vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Oil rents
Kuwait
27.6%
in 2020
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
11.9%
in 2021
Kuwait rank
5th
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank
3rd
Oil rents over time
- Kuwait
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
How they compare
Kuwait currently reports 27.6% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 15.7%.
That makes Kuwait's figure about 2.3 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
Across all 49 years both countries report, Kuwait has been ahead every year.
Kuwait ranks 5th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 3rd of 201 countries.
Kuwait has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Kuwait | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 52.9% | 18.2% | 34.7% | Kuwait |
| 1980s | 37.6% | 14.7% | 22.9% | Kuwait |
| 1990s | 35.5% | 11.3% | 24.2% | Kuwait |
| 2000s | 46.0% | 17.5% | 28.5% | Kuwait |
| 2010s | 46.0% | 14.1% | 31.8% | Kuwait |
| 2020s | 27.6% | 7.0% | 20.6% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Kuwait or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- Kuwait, at 27.6% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2020.
- What is the difference in oil rents between Kuwait and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 15.7%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 49 years are reported by both, from 1970 to 2020.
- How do Kuwait and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for oil rents?
- Kuwait ranks 5th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 3rd 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.