Oil rents as a share of GDP in Philippines
Philippines: Oil rents as a share of GDP was 0.0% in 2021. ◆ Volatile
Oil rents as a share of GDP in Philippines, 1971–2021
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 Philippines is 0.0%, measured in 2021.
The figure is up 183.6% on the previous year and down 84.8% over ten years.
Over the whole period, oil rents as a share of gdp in Philippines peaked at 0.7% in 1979 and was at its lowest, 0.0%, in 1971.
Philippines ranks 91st 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 Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.7% | — |
| 1980 | 0.3% | -56.7% |
| 1981 | 0.1% | -61.6% |
| 1982 | 0.1% | +23.3% |
| 1983 | 0.3% | +78.6% |
| 1984 | 0.2% | -15.8% |
| 1985 | 0.1% | -31.5% |
| 1986 | 0.1% | -42.8% |
| 1987 | 0.1% | -17.8% |
| 1988 | 0.0% | -28.9% |
| 1989 | 0.1% | +16.5% |
| 1990 | 0.1% | +19.0% |
| 1991 | 0.0% | -64.9% |
| 1992 | 0.1% | +177.3% |
| 1993 | 0.1% | -3.3% |
| 1994 | 0.0% | -63.8% |
| 1995 | 0.0% | -46.7% |
| 1996 | 0.0% | -60.9% |
| 1997 | 0.0% | -22.8% |
| 1998 | 0.0% | -42.1% |
| 1999 | 0.0% | +74.6% |
| 2000 | 0.0% | +177.6% |
| 2001 | 0.0% | +39.3% |
| 2002 | 0.1% | +557.8% |
| 2003 | 0.1% | +4.5% |
| 2004 | 0.1% | +21.4% |
| 2005 | 0.2% | +72.2% |
| 2006 | 0.2% | -8.9% |
| 2007 | 0.2% | -7.4% |
| 2008 | 0.2% | +35.1% |
| 2009 | 0.2% | -33.7% |
| 2010 | 0.2% | +10.8% |
| 2011 | 0.2% | +29.5% |
| 2012 | 0.2% | -29.8% |
| 2013 | 0.1% | -17.1% |
| 2014 | 0.1% | +3.1% |
| 2015 | 0.0% | -67.8% |
| 2016 | 0.0% | -23.8% |
| 2017 | 0.0% | +25.8% |
| 2018 | 0.1% | +36.9% |
| 2019 | 0.0% | -39.9% |
| 2020 | 0.0% | -64.9% |
| 2021 | 0.0% | +183.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.7% | 9 |
| 1980s | 0.1% | 0.0% | 0.3% | 10 |
| 1990s | 0.0% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Philippines
More energy & mining data for Philippines
- Fuel imports 15.0% (2024)
- Ores and metals imports 4.2% (2024)
- Ores and metals exports 7.5% (2024)
- Gas production 17.77 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 153.4 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 17.77 terawatt-hours (2024)
- Gas production per person 153.4 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 Philippines?
- Oil rents as a share of gdp in Philippines was 0.0% 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 Philippines?
- The highest recorded value was 0.7% in 1979.
- What is the lowest oil rents as a share of gdp recorded in Philippines?
- The lowest recorded value was 0.0% in 1971.
- How does Philippines rank for oil rents as a share of gdp?
- Philippines ranks 91st out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Philippines?
- Over the last ten years it is down 84.8%. The long-run trend across the full record is volatile.
- Where does this Philippines 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.