Libya vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Oil rents
Libya
56.4%
in 2021
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
11.9%
in 2021
Libya rank
1st
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank
3rd
Oil rents over time
- Libya
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
How they compare
Libya currently reports 56.4% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 44.5%.
That makes Libya's figure about 4.7 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
Across all 31 years both countries report, Libya has been ahead every year.
Libya ranks 1st and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 3rd of 201 countries.
Libya has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Libya | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.3% | 11.3% | 14.0% | Libya |
| 2000s | 51.1% | 17.5% | 33.6% | Libya |
| 2010s | 33.2% | 14.1% | 19.1% | Libya |
| 2020s | 32.8% | 9.4% | 23.4% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Libya or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- Libya, at 56.4% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2021.
- What is the difference in oil rents between Libya and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 44.5%, with Libya ahead.
- How many years of comparable data are there for Libya and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 31 years are reported by both, from 1990 to 2021.
- How do Libya and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for oil rents?
- Libya ranks 1st 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.