Oil rents as a share of GDP in Argentina
Argentina: Oil rents as a share of GDP was 1.5% in 2021. ◆ Volatile
Oil rents as a share of GDP in Argentina, 1970–2021
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
Argentina recorded 1.5% for oil rents as a share of gdp in 2021.
Compared with earlier readings it is up 128.1% on the previous year and down 43.7% over ten years.
Over the whole period, oil rents as a share of gdp in Argentina peaked at 5.8% in 1980 and was at its lowest, 0.2%, in 1970.
Argentina ranks 43rd of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents as a share of GDP in Argentina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.3% | +70.3% |
| 1972 | 0.4% | +14.8% |
| 1973 | 0.4% | +15.0% |
| 1974 | 1.7% | +301.9% |
| 1975 | 2.1% | +27.7% |
| 1976 | 2.4% | +11.4% |
| 1977 | 1.9% | -18.0% |
| 1978 | 2.2% | +13.3% |
| 1979 | 5.0% | +129.6% |
| 1980 | 5.8% | +16.2% |
| 1981 | 4.8% | -17.9% |
| 1982 | 2.6% | -44.8% |
| 1983 | 2.9% | +10.7% |
| 1984 | 3.7% | +25.7% |
| 1985 | 3.0% | -18.4% |
| 1986 | 1.0% | -67.7% |
| 1987 | 1.5% | +59.4% |
| 1988 | 1.1% | -30.9% |
| 1989 | 2.7% | +155.9% |
| 1990 | 2.2% | -20.3% |
| 1991 | 0.9% | -59.0% |
| 1992 | 0.9% | +2.0% |
| 1993 | 0.9% | -1.1% |
| 1994 | 0.9% | -2.2% |
| 1995 | 1.1% | +26.2% |
| 1996 | 1.4% | +27.6% |
| 1997 | 1.3% | -10.5% |
| 1998 | 0.7% | -46.8% |
| 1999 | 1.2% | +74.8% |
| 2000 | 2.0% | +72.5% |
| 2001 | 1.6% | -22.6% |
| 2002 | 4.6% | +190.7% |
| 2003 | 3.8% | -17.3% |
| 2004 | 3.6% | -4.4% |
| 2005 | 4.4% | +20.2% |
| 2006 | 4.5% | +3.0% |
| 2007 | 3.7% | -17.5% |
| 2008 | 4.0% | +9.0% |
| 2009 | 2.1% | -47.4% |
| 2010 | 2.3% | +8.5% |
| 2011 | 2.7% | +19.1% |
| 2012 | 2.6% | -6.9% |
| 2013 | 2.3% | -11.8% |
| 2014 | 2.1% | -7.2% |
| 2015 | 0.7% | -66.8% |
| 2016 | 0.5% | -20.8% |
| 2017 | 0.7% | +20.7% |
| 2018 | 1.3% | +97.6% |
| 2019 | 1.3% | -1.5% |
| 2020 | 0.7% | -47.6% |
| 2021 | 1.5% | +128.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.2% | 5.0% | 10 |
| 1980s | 2.9% | 1.0% | 5.8% | 10 |
| 1990s | 1.1% | 0.7% | 2.2% | 10 |
| 2000s | 3.4% | 1.6% | 4.6% | 10 |
| 2010s | 1.6% | 0.5% | 2.7% | 10 |
| 2020s | 1.1% | 0.7% | 1.5% | 2 |
Countries ranked near Argentina
More energy & mining data for Argentina
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.19 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 6.2% (2024)
Frequently asked questions
- What is oil rents as a share of gdp in Argentina?
- Oil rents as a share of gdp in Argentina was 1.5% 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 Argentina?
- The highest recorded value was 5.8% in 1980.
- What is the lowest oil rents as a share of gdp recorded in Argentina?
- The lowest recorded value was 0.2% in 1970.
- How does Argentina rank for oil rents as a share of gdp?
- Argentina ranks 43rd out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Argentina?
- Over the last ten years it is down 43.7%. The long-run trend across the full record is volatile.
- Where does this Argentina 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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About this data
Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.