{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"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":"1971-01-01","value":0.0},{"date":"1972-01-01","value":0.0},{"date":"1973-01-01","value":0.0},{"date":"1974-01-01","value":0.0},{"date":"1975-01-01","value":0.0},{"date":"1976-01-01","value":0.0},{"date":"1977-01-01","value":0.0},{"date":"1978-01-01","value":0.0},{"date":"1979-01-01","value":0.687768},{"date":"1980-01-01","value":0.298026},{"date":"1981-01-01","value":0.114393},{"date":"1982-01-01","value":0.141008},{"date":"1983-01-01","value":0.251797},{"date":"1984-01-01","value":0.212095},{"date":"1985-01-01","value":0.145385},{"date":"1986-01-01","value":0.0831561},{"date":"1987-01-01","value":0.0683466},{"date":"1988-01-01","value":0.0486125},{"date":"1989-01-01","value":0.0566373},{"date":"1990-01-01","value":0.0673843},{"date":"1991-01-01","value":0.0236527},{"date":"1992-01-01","value":0.0655855},{"date":"1993-01-01","value":0.0634477},{"date":"1994-01-01","value":0.0229908},{"date":"1995-01-01","value":0.0122621},{"date":"1996-01-01","value":0.00479879},{"date":"1997-01-01","value":0.00370344},{"date":"1998-01-01","value":0.00214603},{"date":"1999-01-01","value":0.00374796},{"date":"2000-01-01","value":0.0104038},{"date":"2001-01-01","value":0.0144915},{"date":"2002-01-01","value":0.0953215},{"date":"2003-01-01","value":0.0995953},{"date":"2004-01-01","value":0.120921},{"date":"2005-01-01","value":0.208173},{"date":"2006-01-01","value":0.189561},{"date":"2007-01-01","value":0.175524},{"date":"2008-01-01","value":0.2371},{"date":"2009-01-01","value":0.15711},{"date":"2010-01-01","value":0.174056},{"date":"2011-01-01","value":0.225428},{"date":"2012-01-01","value":0.158244},{"date":"2013-01-01","value":0.131161},{"date":"2014-01-01","value":0.13519},{"date":"2015-01-01","value":0.043551},{"date":"2016-01-01","value":0.0331708},{"date":"2017-01-01","value":0.0417218},{"date":"2018-01-01","value":0.0571201},{"date":"2019-01-01","value":0.0343292},{"date":"2020-01-01","value":0.0120548},{"date":"2021-01-01","value":0.0341869}],"summary":{"latest_period":"2021-01-01","latest_value":0.0341869,"max":0.687768,"mean":0.0934384,"min":0.0,"of":199,"rank":91,"trend":"volatile"}}