OECD members vs Trinidad and Tobago: Oil rents
OECD members
0.5%
in 2021
Trinidad and Tobago
2.7%
in 2021
OECD members rank
37th
Trinidad and Tobago rank
36th
Oil rents over time
- OECD members
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 2.7% against 0.5% in OECD members, a difference of 2.2%.
That makes Trinidad and Tobago's figure about 5.4 times OECD members's.
Across all 52 years both countries report, Trinidad and Tobago has been ahead every year.
OECD members ranks 37th and Trinidad and Tobago ranks 36th of 47 groups.
Trinidad and Tobago has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.6% | 16.4% | 15.8% | Trinidad and Tobago |
| 1980s | 0.9% | 15.7% | 14.9% | Trinidad and Tobago |
| 1990s | 0.3% | 10.8% | 10.5% | Trinidad and Tobago |
| 2000s | 0.4% | 9.2% | 8.8% | Trinidad and Tobago |
| 2010s | 0.3% | 5.0% | 4.6% | Trinidad and Tobago |
| 2020s | 0.3% | 2.1% | 1.7% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, OECD members or Trinidad and Tobago?
- Trinidad and Tobago, at 2.7% against 0.5% in OECD members as of 2021.
- What is the difference in oil rents between OECD members and Trinidad and Tobago?
- 2.2%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for OECD members and Trinidad and Tobago?
- 52 years are reported by both, from 1970 to 2021.
- How do OECD members and Trinidad and Tobago rank globally for oil rents?
- OECD members ranks 37th and Trinidad and Tobago ranks 36th 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.