Oil rents as a share of GDP in Ecuador
Ecuador: Oil rents as a share of GDP was 6.4% in 2021. ◆ Volatile
Oil rents as a share of GDP in Ecuador, 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
The most recent figure for oil rents as a share of gdp in Ecuador is 6.4%, measured in 2021.
The figure is up 149.9% on the previous year and down 60.0% over ten years.
Over the whole period, oil rents as a share of gdp in Ecuador peaked at 18.7% in 2008 and was at its lowest, 0.0%, in 1970.
Ecuador ranks 24th 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 Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +53.2% |
| 1972 | 0.7% | +2162.4% |
| 1973 | 2.8% | +288.9% |
| 1974 | 7.8% | +178.8% |
| 1975 | 5.9% | -25.2% |
| 1976 | 6.3% | +7.0% |
| 1977 | 4.3% | -31.0% |
| 1978 | 4.9% | +12.8% |
| 1979 | 11.1% | +127.7% |
| 1980 | 10.6% | -4.8% |
| 1981 | 7.4% | -29.7% |
| 1982 | 4.8% | -36.1% |
| 1983 | 8.7% | +82.6% |
| 1984 | 9.4% | +7.8% |
| 1985 | 9.5% | +1.1% |
| 1986 | 4.7% | -50.5% |
| 1987 | 5.0% | +6.7% |
| 1988 | 6.9% | +37.5% |
| 1989 | 9.1% | +31.8% |
| 1990 | 12.0% | +32.5% |
| 1991 | 6.2% | -48.5% |
| 1992 | 6.7% | +8.1% |
| 1993 | 6.5% | -2.3% |
| 1994 | 5.8% | -10.7% |
| 1995 | 6.5% | +10.8% |
| 1996 | 7.8% | +20.7% |
| 1997 | 6.2% | -20.7% |
| 1998 | 3.2% | -48.0% |
| 1999 | 7.9% | +144.8% |
| 2000 | 16.3% | +107.7% |
| 2001 | 9.1% | -44.3% |
| 2002 | 8.1% | -11.2% |
| 2003 | 8.4% | +3.9% |
| 2004 | 12.3% | +46.0% |
| 2005 | 16.5% | +35.0% |
| 2006 | 18.0% | +8.8% |
| 2007 | 16.5% | -8.2% |
| 2008 | 18.7% | +13.0% |
| 2009 | 8.8% | -52.7% |
| 2010 | 11.2% | +26.9% |
| 2011 | 16.0% | +43.0% |
| 2012 | 14.0% | -12.8% |
| 2013 | 12.3% | -11.9% |
| 2014 | 11.1% | -9.9% |
| 2015 | 4.2% | -62.1% |
| 2016 | 3.3% | -22.2% |
| 2017 | 4.5% | +38.4% |
| 2018 | 6.8% | +49.8% |
| 2019 | 5.5% | -18.2% |
| 2020 | 2.6% | -53.6% |
| 2021 | 6.4% | +149.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.4% | 0.0% | 11.1% | 10 |
| 1980s | 7.6% | 4.7% | 10.6% | 10 |
| 1990s | 6.9% | 3.2% | 12.0% | 10 |
| 2000s | 13.3% | 8.1% | 18.7% | 10 |
| 2010s | 8.9% | 3.3% | 16.0% | 10 |
| 2020s | 4.5% | 2.6% | 6.4% | 2 |
Countries ranked near Ecuador
- 21 Brunei Darussalam 10.4% compare
- 22 Russian Federation 9.7% compare
- 23 Suriname 7.9% compare
- 25 Nigeria 6.2% compare
- 26 Norway 6.1% compare
- 27 Turkmenistan 5.8% compare
More energy & mining data for Ecuador
- Fuel imports 25.0% (2024)
- Ores and metals imports 1.1% (2024)
- Ores and metals exports 6.9% (2024)
- Gas production 2.91 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 160.42 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 2.91 terawatt-hours (2024)
- Gas production per person 160.42 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil rents as a share of gdp in Ecuador?
- Oil rents as a share of gdp in Ecuador was 6.4% 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 Ecuador?
- The highest recorded value was 18.7% in 2008.
- What is the lowest oil rents as a share of gdp recorded in Ecuador?
- The lowest recorded value was 0.0% in 1970.
- How does Ecuador rank for oil rents as a share of gdp?
- Ecuador ranks 24th out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Ecuador?
- Over the last ten years it is down 60.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.