{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"oil-rents-as-a-share-of-gdp","source":"The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/oil-rents-as-a-share-of-gdp","title":"Oil rents as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1970-01-01","value":0.015371},{"date":"1971-01-01","value":0.0253198},{"date":"1972-01-01","value":0.0772457},{"date":"1973-01-01","value":0.248096},{"date":"1974-01-01","value":1.24983},{"date":"1975-01-01","value":1.31205},{"date":"1976-01-01","value":1.35847},{"date":"1977-01-01","value":1.51714},{"date":"1978-01-01","value":1.35918},{"date":"1979-01-01","value":2.93105},{"date":"1980-01-01","value":2.80223},{"date":"1981-01-01","value":1.90662},{"date":"1982-01-01","value":1.14393},{"date":"1983-01-01","value":1.42608},{"date":"1984-01-01","value":1.57388},{"date":"1985-01-01","value":1.90783},{"date":"1986-01-01","value":0.912782},{"date":"1987-01-01","value":1.29743},{"date":"1988-01-01","value":0.775504},{"date":"1989-01-01","value":0.794335},{"date":"1990-01-01","value":1.18928},{"date":"1991-01-01","value":0.64565},{"date":"1992-01-01","value":0.613094},{"date":"1993-01-01","value":0.610539},{"date":"1994-01-01","value":0.467145},{"date":"1995-01-01","value":0.472621},{"date":"1996-01-01","value":0.491721},{"date":"1997-01-01","value":0.390188},{"date":"1998-01-01","value":0.21486},{"date":"1999-01-01","value":0.302021},{"date":"2000-01-01","value":0.876745},{"date":"2001-01-01","value":0.720453},{"date":"2002-01-01","value":0.803941},{"date":"2003-01-01","value":0.757626},{"date":"2004-01-01","value":0.73789},{"date":"2005-01-01","value":0.887355},{"date":"2006-01-01","value":0.865992},{"date":"2007-01-01","value":0.871982},{"date":"2008-01-01","value":0.935961},{"date":"2009-01-01","value":0.553069},{"date":"2010-01-01","value":0.706854},{"date":"2011-01-01","value":0.877829},{"date":"2012-01-01","value":0.679386},{"date":"2013-01-01","value":0.538516},{"date":"2014-01-01","value":0.488872},{"date":"2015-01-01","value":0.197899},{"date":"2016-01-01","value":0.173169},{"date":"2017-01-01","value":0.198665},{"date":"2018-01-01","value":0.264745},{"date":"2019-01-01","value":0.229199},{"date":"2020-01-01","value":0.108189},{"date":"2021-01-01","value":0.264201}],"summary":{"latest_period":"2021-01-01","latest_value":0.264201,"max":2.93105,"mean":0.8225,"min":0.015371,"of":199,"rank":71,"trend":"volatile"}}