United Kingdom vs United States: Oil rents
United Kingdom
0.4%
in 2021
United States
0.6%
in 2021
United Kingdom rank
58th
United States rank
55th
Oil rents over time
- United Kingdom
- United States
How they compare
United States currently reports 0.6% against 0.4% in United Kingdom, a difference of 0.2%.
That makes United States's figure about 1.5 times United Kingdom's.
The two have swapped places 4 times across 52 shared years of data; in 1970 it was United States ahead.
United Kingdom ranks 58th and United States ranks 55th of 201 countries.
Across the 6 decades both report, United Kingdom averaged higher in 4 and United States in 2.
Head to head by decade
| Decade | United Kingdom | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | 1.1% | 0.7% | United States |
| 1980s | 1.7% | 1.3% | 0.4% | United Kingdom |
| 1990s | 0.5% | 0.3% | 0.2% | United Kingdom |
| 2000s | 0.7% | 0.3% | 0.4% | United Kingdom |
| 2010s | 0.5% | 0.2% | 0.2% | United Kingdom |
| 2020s | 0.3% | 0.4% | 0.1% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, United Kingdom or United States?
- United States, at 0.6% against 0.4% in United Kingdom as of 2021.
- What is the difference in oil rents between United Kingdom and United States?
- 0.2%, with United States ahead.
- How many years of comparable data are there for United Kingdom and United States?
- 52 years are reported by both, from 1970 to 2021.
- How do United Kingdom and United States rank globally for oil rents?
- United Kingdom ranks 58th and United States ranks 55th 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.