Oil rents as a share of GDP in Angola

Angola: Oil rents as a share of GDP was 28.3% in 2021. ▲ Rising

Latest (2021)
28.3%
Change on year
up 52.2%
World rank
4th
of 199 countries
All-time high
57.5%
in 2000
All-time low
4.1%
in 1982
Years of data
42
1980–2021

Oil rents as a share of GDP in Angola, 1980–2021

02040601980200020211980: 19.5 % of GDP1981: 10.4 % of GDP1982: 4.1 % of GDP1983: 11.2 % of GDP1984: 14.1 % of GDP1985: 14.2 % of GDP1986: 6.3 % of GDP1987: 15.2 % of GDP1988: 14.4 % of GDP1989: 21.9 % of GDP1990: 28 % of GDP1991: 16.9 % of GDP1992: 27 % of GDP1993: 34.5 % of GDP1994: 40.6 % of GDP1995: 41 % of GDP1996: 39.1 % of GDP1997: 37.3 % of GDP1998: 21.7 % of GDP1999: 38.5 % of GDP2000: 57.5 % of GDP2001: 42.6 % of GDP2002: 31.8 % of GDP2003: 27.1 % of GDP2004: 33 % of GDP2005: 42.2 % of GDP2006: 40.3 % of GDP2007: 45.4 % of GDP2008: 52.1 % of GDP2009: 29.8 % of GDP2010: 37.7 % of GDP2011: 38.6 % of GDP2012: 34.3 % of GDP2013: 29 % of GDP2014: 21.7 % of GDP2015: 12.7 % of GDP2016: 19.7 % of GDP2017: 24.7 % of GDP2018: 30.7 % of GDP2019: 27.5 % of GDP2020: 18.6 % of GDP2021: 28.3 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2021, oil rents as a share of gdp in Angola stood at 28.3%.

Compared with earlier readings it is up 52.2% on the previous year and down 26.8% over ten years.

Over the whole period, oil rents as a share of gdp in Angola peaked at 57.5% in 2000 and was at its lowest, 4.1%, in 1982.

Angola ranks 4th of 199 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 42 years of available data.

Oil rents as a share of GDP in Angola, year by year

Annual values for Oil rents as a share of GDP in Angola, 1980 to 2021.
Year % of GDP Change
1980 19.5%
1981 10.4% -46.6%
1982 4.1% -60.7%
1983 11.2% +174.0%
1984 14.1% +25.7%
1985 14.2% +0.4%
1986 6.3% -55.4%
1987 15.2% +140.1%
1988 14.4% -5.1%
1989 21.9% +51.9%
1990 28.0% +28.1%
1991 16.9% -39.8%
1992 27.0% +60.1%
1993 34.5% +27.7%
1994 40.6% +17.5%
1995 41.0% +1.1%
1996 39.1% -4.7%
1997 37.3% -4.4%
1998 21.7% -41.8%
1999 38.5% +77.1%
2000 57.5% +49.3%
2001 42.6% -25.9%
2002 31.8% -25.4%
2003 27.1% -14.6%
2004 33.0% +21.6%
2005 42.2% +28.1%
2006 40.3% -4.6%
2007 45.4% +12.7%
2008 52.1% +14.8%
2009 29.8% -42.8%
2010 37.7% +26.6%
2011 38.6% +2.4%
2012 34.3% -11.1%
2013 29.0% -15.5%
2014 21.7% -25.1%
2015 12.7% -41.5%
2016 19.7% +55.3%
2017 24.7% +25.1%
2018 30.7% +24.4%
2019 27.5% -10.5%
2020 18.6% -32.5%
2021 28.3% +52.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 13.1% 4.1% 21.9% 10
1990s 32.5% 16.9% 41.0% 10
2000s 40.2% 27.1% 57.5% 10
2010s 27.7% 12.7% 38.6% 10
2020s 23.4% 18.6% 28.3% 2

Countries ranked near Angola

  1. 1 Libya 56.4% compare
  2. 2 Iraq 42.8% compare
  3. 3 Congo 34.4% compare
  4. 5 Kuwait 27.6% compare
  5. 6 Saudi Arabia 23.7% compare
  6. 7 Oman 23.5% compare

See the full ranking of 199 places →

More energy & mining data for Angola

All data for Angola →

Frequently asked questions

What is oil rents as a share of gdp in Angola?
Oil rents as a share of gdp in Angola was 28.3% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest oil rents as a share of gdp recorded in Angola?
The highest recorded value was 57.5% in 2000.
What is the lowest oil rents as a share of gdp recorded in Angola?
The lowest recorded value was 4.1% in 1982.
How does Angola rank for oil rents as a share of gdp?
Angola ranks 4th out of 199 countries with data for 2021.
Is oil rents as a share of gdp rising or falling in Angola?
Over the last ten years it is down 26.8%. The long-run trend across the full record is rising.
Where does this Angola data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Oil rents as a share of GDP. Statizoid updates them automatically from the source API.

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Oil rents as a share of GDP in Angola. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 31 August 2026, from https://energy.statizoid.com/stat/oil-rents-as-a-share-of-gdp/angola/

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About this data

Indicator
Oil rents as a share of GDP
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.