{"entity":{"iso2":"IT","iso3":"ITA","name":"Italy","slug":"italy"},"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":0.00103539},{"date":"1971-01-01","value":0.00288262},{"date":"1972-01-01","value":0.00332163},{"date":"1973-01-01","value":0.00457491},{"date":"1974-01-01","value":0.024417},{"date":"1975-01-01","value":0.0229388},{"date":"1976-01-01","value":0.0266074},{"date":"1977-01-01","value":0.0235891},{"date":"1978-01-01","value":0.0224559},{"date":"1979-01-01","value":0.0508597},{"date":"1980-01-01","value":0.071065},{"date":"1981-01-01","value":0.0642815},{"date":"1982-01-01","value":0.033072},{"date":"1983-01-01","value":0.0566216},{"date":"1984-01-01","value":0.0548048},{"date":"1985-01-01","value":0.0588532},{"date":"1986-01-01","value":0.0155744},{"date":"1987-01-01","value":0.033708},{"date":"1988-01-01","value":0.0281089},{"date":"1989-01-01","value":0.0415351},{"date":"1990-01-01","value":0.0444156},{"date":"1991-01-01","value":0.0190572},{"date":"1992-01-01","value":0.0196278},{"date":"1993-01-01","value":0.0243465},{"date":"1994-01-01","value":0.0219758},{"date":"1995-01-01","value":0.0243273},{"date":"1996-01-01","value":0.032795},{"date":"1997-01-01","value":0.0296277},{"date":"1998-01-01","value":0.00860399},{"date":"1999-01-01","value":0.0238337},{"date":"2000-01-01","value":0.0491103},{"date":"2001-01-01","value":0.0322847},{"date":"2002-01-01","value":0.0407902},{"date":"2003-01-01","value":0.0400848},{"date":"2004-01-01","value":0.0463734},{"date":"2005-01-01","value":0.0747436},{"date":"2006-01-01","value":0.07775},{"date":"2007-01-01","value":0.077069},{"date":"2008-01-01","value":0.0935556},{"date":"2009-01-01","value":0.0480365},{"date":"2010-01-01","value":0.063242},{"date":"2011-01-01","value":0.101022},{"date":"2012-01-01","value":0.108313},{"date":"2013-01-01","value":0.099816},{"date":"2014-01-01","value":0.0967846},{"date":"2015-01-01","value":0.0462003},{"date":"2016-01-01","value":0.0238824},{"date":"2017-01-01","value":0.0386726},{"date":"2018-01-01","value":0.0660289},{"date":"2019-01-01","value":0.0558006},{"date":"2020-01-01","value":0.0398531},{"date":"2021-01-01","value":0.0770052}],"summary":{"latest_period":"2021-01-01","latest_value":0.0770052,"max":0.108313,"mean":0.0439488,"min":0.00103539,"of":199,"rank":81,"trend":"volatile"}}