Norway vs Turkmenistan: Oil rents
Norway
6.1%
in 2021
Turkmenistan
5.8%
in 2019
Norway rank
26th
Turkmenistan rank
27th
Oil rents over time
- Norway
- Turkmenistan
How they compare
Norway currently reports 6.1% against 5.8% in Turkmenistan, a difference of 0.3%.
Across all 33 years both countries report, Turkmenistan has been ahead every year.
Norway ranks 26th and Turkmenistan ranks 27th of 201 countries.
Turkmenistan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Norway | Turkmenistan | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.9% | 27.3% | 23.4% | Turkmenistan |
| 1990s | 5.2% | 19.3% | 14.1% | Turkmenistan |
| 2000s | 8.6% | 20.4% | 11.8% | Turkmenistan |
| 2010s | 5.0% | 8.5% | 3.5% | Turkmenistan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Norway or Turkmenistan?
- Norway, at 6.1% against 5.8% in Turkmenistan as of 2021.
- What is the difference in oil rents between Norway and Turkmenistan?
- 0.3%, with Norway ahead.
- How many years of comparable data are there for Norway and Turkmenistan?
- 33 years are reported by both, from 1987 to 2019.
- How do Norway and Turkmenistan rank globally for oil rents?
- Norway ranks 26th and Turkmenistan ranks 27th 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.