Saudi Arabia vs Sub-Saharan Africa (excluding high income): Oil rents
Saudi Arabia
23.7%
in 2021
Sub-Saharan Africa (excluding high income)
3.8%
in 2021
Saudi Arabia rank
6th
Sub-Saharan Africa (excluding high income) rank
9th
Oil rents over time
- Saudi Arabia
- Sub-Saharan Africa (excluding high income)
How they compare
Saudi Arabia currently reports 23.7% against 3.8% in Sub-Saharan Africa (excluding high income), a difference of 19.9%.
That makes Saudi Arabia's figure about 6.2 times Sub-Saharan Africa (excluding high income)'s.
Across all 51 years both countries report, Saudi Arabia has been ahead every year.
Saudi Arabia ranks 6th and Sub-Saharan Africa (excluding high income) ranks 9th of 201 countries.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 52.0% | 4.6% | 47.4% | Saudi Arabia |
| 1980s | 37.0% | 3.2% | 33.8% | Saudi Arabia |
| 1990s | 30.3% | 5.0% | 25.3% | Saudi Arabia |
| 2000s | 42.1% | 7.2% | 34.9% | Saudi Arabia |
| 2010s | 33.9% | 5.5% | 28.4% | Saudi Arabia |
| 2020s | 19.8% | 3.0% | 16.8% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Saudi Arabia or Sub-Saharan Africa (excluding high income)?
- Saudi Arabia, at 23.7% against 3.8% in Sub-Saharan Africa (excluding high income) as of 2021.
- What is the difference in oil rents between Saudi Arabia and Sub-Saharan Africa (excluding high income)?
- 19.9%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Sub-Saharan Africa (excluding high income)?
- 51 years are reported by both, from 1971 to 2021.
- How do Saudi Arabia and Sub-Saharan Africa (excluding high income) rank globally for oil rents?
- Saudi Arabia ranks 6th and Sub-Saharan Africa (excluding high income) ranks 9th 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.