Latvia vs Paraguay: Oil rents
Latvia
0.1%
in 2021
Paraguay
0.1%
in 2021
Latvia rank
83rd
Paraguay rank
82nd
Oil rents over time
- Latvia
- Paraguay
How they compare
Paraguay currently reports 0.1% against 0.1% in Latvia, a difference of 0.0%.
That makes Paraguay's figure about 1.1 times Latvia's.
The two have swapped places 4 times across 27 shared years of data; in 1995 it was Paraguay ahead.
Latvia ranks 83rd and Paraguay ranks 82nd of 201 countries.
Paraguay has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | — |
| 2000s | 0.0% | 0.1% | 0.0% | Paraguay |
| 2010s | 0.1% | 0.1% | 0.1% | Paraguay |
| 2020s | 0.0% | 0.1% | 0.0% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Latvia or Paraguay?
- Paraguay, at 0.1% against 0.1% in Latvia as of 2021.
- What is the difference in oil rents between Latvia and Paraguay?
- 0.0%, with Paraguay ahead.
- How many years of comparable data are there for Latvia and Paraguay?
- 27 years are reported by both, from 1995 to 2021.
- How do Latvia and Paraguay rank globally for oil rents?
- Latvia ranks 83rd and Paraguay ranks 82nd 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.