Nigeria vs Timor-Leste: Oil rents
Nigeria
6.2%
in 2021
Timor-Leste
5.3%
in 2021
Nigeria rank
25th
Timor-Leste rank
28th
Oil rents over time
- Nigeria
- Timor-Leste
How they compare
Nigeria currently reports 6.2% against 5.3% in Timor-Leste, a difference of 0.9%.
That makes Nigeria's figure about 1.2 times Timor-Leste's.
The two have swapped places 2 times across 8 shared years of data; in 2003 it was Nigeria ahead.
Nigeria ranks 25th and Timor-Leste ranks 28th of 201 countries.
Across the 3 decades both report, Nigeria averaged higher in 2 and Timor-Leste in 1.
Head to head by decade
| Decade | Nigeria | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.1% | 0.0% | 12.1% | Nigeria |
| 2010s | 5.0% | 15.4% | 10.4% | Timor-Leste |
| 2020s | 4.8% | 4.0% | 0.7% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Nigeria or Timor-Leste?
- Nigeria, at 6.2% against 5.3% in Timor-Leste as of 2021.
- What is the difference in oil rents between Nigeria and Timor-Leste?
- 0.9%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Timor-Leste?
- 8 years are reported by both, from 2003 to 2021.
- How do Nigeria and Timor-Leste rank globally for oil rents?
- Nigeria ranks 25th and Timor-Leste ranks 28th 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.