Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) vs Saudi Arabia: Oil rents
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
11.9%
in 2021
Saudi Arabia
23.7%
in 2021
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank
3rd
Saudi Arabia rank
6th
Oil rents over time
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 23.7% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 11.8%.
That makes Saudi Arabia's figure about 2.0 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
Across all 51 years both countries report, Saudi Arabia has been ahead every year.
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 3rd and Saudi Arabia ranks 6th of 47 groups.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 19.1% | 49.3% | 30.2% | Saudi Arabia |
| 1980s | 14.7% | 37.0% | 22.2% | Saudi Arabia |
| 1990s | 11.3% | 30.3% | 19.0% | Saudi Arabia |
| 2000s | 17.5% | 42.1% | 24.6% | Saudi Arabia |
| 2010s | 14.1% | 33.9% | 19.8% | Saudi Arabia |
| 2020s | 9.4% | 19.8% | 10.4% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) or Saudi Arabia?
- Saudi Arabia, at 23.7% against 11.9% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2021.
- What is the difference in oil rents between Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Saudi Arabia?
- 11.8%, with Saudi Arabia ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Saudi Arabia?
- 51 years are reported by both, from 1970 to 2021.
- How do Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Saudi Arabia rank globally for oil rents?
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 3rd and Saudi Arabia ranks 6th 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.