Oil rents as a share of GDP in India
India: Oil rents as a share of GDP was 0.3% in 2021. ◆ Volatile
Oil rents as a share of GDP in India, 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
In 2021, oil rents as a share of gdp in India stood at 0.3%.
That represents a change of up 125.6% on the previous year and down 75.9% over ten years.
Over the whole period, oil rents as a share of gdp in India peaked at 2.0% in 1985 and was at its lowest, 0.1%, in 1970.
India ranks 62nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents as a share of GDP in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +26.7% |
| 1972 | 0.1% | -10.1% |
| 1973 | 0.1% | -1.3% |
| 1974 | 0.4% | +451.4% |
| 1975 | 0.5% | +25.3% |
| 1976 | 0.6% | +14.7% |
| 1977 | 0.7% | +10.6% |
| 1978 | 0.7% | -0.4% |
| 1979 | 1.6% | +132.0% |
| 1980 | 1.0% | -37.1% |
| 1981 | 1.6% | +63.0% |
| 1982 | 1.4% | -15.2% |
| 1983 | 1.7% | +26.4% |
| 1984 | 1.7% | +0.3% |
| 1985 | 2.0% | +17.0% |
| 1986 | 0.9% | -55.1% |
| 1987 | 1.1% | +20.0% |
| 1988 | 0.8% | -25.0% |
| 1989 | 1.3% | +63.0% |
| 1990 | 1.7% | +30.0% |
| 1991 | 1.2% | -31.1% |
| 1992 | 1.0% | -19.3% |
| 1993 | 0.9% | -10.6% |
| 1994 | 0.8% | -7.3% |
| 1995 | 0.9% | +8.6% |
| 1996 | 1.0% | +11.0% |
| 1997 | 0.9% | -11.4% |
| 1998 | 0.4% | -49.5% |
| 1999 | 0.7% | +64.9% |
| 2000 | 1.2% | +69.2% |
| 2001 | 0.9% | -27.4% |
| 2002 | 0.9% | +3.3% |
| 2003 | 0.9% | -4.2% |
| 2004 | 1.1% | +23.3% |
| 2005 | 1.3% | +21.4% |
| 2006 | 1.3% | +3.4% |
| 2007 | 1.2% | -13.5% |
| 2008 | 1.6% | +37.6% |
| 2009 | 0.6% | -59.7% |
| 2010 | 0.8% | +27.7% |
| 2011 | 1.3% | +65.3% |
| 2012 | 1.3% | -2.6% |
| 2013 | 1.2% | -9.2% |
| 2014 | 0.9% | -20.8% |
| 2015 | 0.4% | -61.9% |
| 2016 | 0.2% | -38.8% |
| 2017 | 0.3% | +42.2% |
| 2018 | 0.4% | +42.6% |
| 2019 | 0.3% | -31.7% |
| 2020 | 0.1% | -52.7% |
| 2021 | 0.3% | +125.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.1% | 1.6% | 10 |
| 1980s | 1.4% | 0.8% | 2.0% | 10 |
| 1990s | 0.9% | 0.4% | 1.7% | 10 |
| 2000s | 1.1% | 0.6% | 1.6% | 10 |
| 2010s | 0.7% | 0.2% | 1.3% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near India
More energy & mining data for India
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fuel imports 31.5% (2024)
- Ores and metals imports 6.9% (2024)
- Ores and metals exports 3.7% (2024)
- Gas production 311.65 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 212.9 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 311.65 terawatt-hours (2025)
Frequently asked questions
- What is oil rents as a share of gdp in India?
- Oil rents as a share of gdp in India was 0.3% 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 India?
- The highest recorded value was 2.0% in 1985.
- What is the lowest oil rents as a share of gdp recorded in India?
- The lowest recorded value was 0.1% in 1970.
- How does India rank for oil rents as a share of gdp?
- India ranks 62nd out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in India?
- Over the last ten years it is down 75.9%. The long-run trend across the full record is volatile.
- Where does this India 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.