Latin America & Caribbean vs Russia: Oil rents
Latin America & Caribbean
1.9%
in 2021
Russia
9.7%
in 2021
Latin America & Caribbean rank
21st
Russia rank
22nd
Oil rents over time
- Latin America & Caribbean
- Russia
How they compare
Russia currently reports 9.7% against 1.9% in Latin America & Caribbean, a difference of 7.8%.
That makes Russia's figure about 5.0 times Latin America & Caribbean's.
Across all 34 years both countries report, Russia has been ahead every year.
Latin America & Caribbean ranks 21st and Russia ranks 22nd of 47 groups.
Russia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.7% | 6.6% | 3.8% | Russia |
| 1990s | 2.1% | 5.5% | 3.4% | Russia |
| 2000s | 3.7% | 11.7% | 8.1% | Russia |
| 2010s | 2.3% | 8.2% | 5.9% | Russia |
| 2020s | 1.4% | 7.2% | 5.8% | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Latin America & Caribbean or Russia?
- Russia, at 9.7% against 1.9% in Latin America & Caribbean as of 2021.
- What is the difference in oil rents between Latin America & Caribbean and Russia?
- 7.8%, with Russia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Russia?
- 34 years are reported by both, from 1988 to 2021.
- How do Latin America & Caribbean and Russia rank globally for oil rents?
- Latin America & Caribbean ranks 21st and Russia ranks 22nd 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.