Latin America & Caribbean vs Suriname: Oil rents
Latin America & Caribbean
1.9%
in 2021
Suriname
7.9%
in 2021
Latin America & Caribbean rank
21st
Suriname rank
23rd
Oil rents over time
- Latin America & Caribbean
- Suriname
How they compare
Suriname currently reports 7.9% against 1.9% in Latin America & Caribbean, a difference of 6.0%.
That makes Suriname's figure about 4.1 times Latin America & Caribbean's.
The two have swapped places 1 time across 42 shared years of data; in 1980 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 21st and Suriname ranks 23rd of 47 groups.
Across the 5 decades both report, Latin America & Caribbean averaged higher in 1 and Suriname in 4.
Head to head by decade
| Decade | Latin America & Caribbean | Suriname | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.3% | 0.7% | 3.6% | Latin America & Caribbean |
| 1990s | 2.1% | 4.4% | 2.3% | Suriname |
| 2000s | 3.7% | 7.7% | 4.1% | Suriname |
| 2010s | 2.3% | 5.7% | 3.4% | Suriname |
| 2020s | 1.4% | 5.5% | 4.1% | Suriname |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Latin America & Caribbean or Suriname?
- Suriname, at 7.9% against 1.9% in Latin America & Caribbean as of 2021.
- What is the difference in oil rents between Latin America & Caribbean and Suriname?
- 6.0%, with Suriname ahead.
- How many years of comparable data are there for Latin America & Caribbean and Suriname?
- 42 years are reported by both, from 1980 to 2021.
- How do Latin America & Caribbean and Suriname rank globally for oil rents?
- Latin America & Caribbean ranks 21st and Suriname ranks 23rd 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.