Oil rents as a share of GDP in Spain
Spain: Oil rents as a share of GDP was 0.0% in 2021. ◆ Volatile
Latest (2021)
0.0%
Change on year
down 48.8%
World rank
119th
of 199 countries
All-time high
0.2%
in 1983
All-time low
0.0%
in 2021
Years of data
52
1970–2021
Oil rents as a share of GDP in Spain, 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 Spain stood at 0.0%. That is the lowest value across all 52 years on record.
That represents a change of down 48.8% on the previous year and down 94.7% over ten years.
Over the whole period, oil rents as a share of gdp in Spain peaked at 0.2% in 1983 and was at its lowest, 0.0%, in 2021.
That places Spain 119th out of 199 countries with data for 2021, putting it 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 Spain, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +143.1% |
| 1972 | 0.0% | +29.4% |
| 1973 | 0.0% | +658.4% |
| 1974 | 0.1% | +1167.4% |
| 1975 | 0.1% | -19.6% |
| 1976 | 0.1% | -7.7% |
| 1977 | 0.0% | -47.5% |
| 1978 | 0.0% | -16.4% |
| 1979 | 0.1% | +116.8% |
| 1980 | 0.1% | +60.0% |
| 1981 | 0.1% | -29.2% |
| 1982 | 0.1% | -18.9% |
| 1983 | 0.2% | +189.6% |
| 1984 | 0.1% | -23.0% |
| 1985 | 0.1% | -9.0% |
| 1986 | 0.0% | -75.6% |
| 1987 | 0.0% | +15.2% |
| 1988 | 0.0% | -41.5% |
| 1989 | 0.0% | +1.4% |
| 1990 | 0.0% | -18.4% |
| 1991 | 0.0% | -39.5% |
| 1992 | 0.0% | -0.3% |
| 1993 | 0.0% | -5.7% |
| 1994 | 0.0% | -18.5% |
| 1995 | 0.0% | -22.2% |
| 1996 | 0.0% | +5.5% |
| 1997 | 0.0% | -37.3% |
| 1998 | 0.0% | -58.3% |
| 1999 | 0.0% | +64.9% |
| 2000 | 0.0% | +76.6% |
| 2001 | 0.0% | +26.9% |
| 2002 | 0.0% | -27.9% |
| 2003 | 0.0% | -9.4% |
| 2004 | 0.0% | -8.6% |
| 2005 | 0.0% | -10.7% |
| 2006 | 0.0% | -11.0% |
| 2007 | 0.0% | -2.4% |
| 2008 | 0.0% | +18.5% |
| 2009 | 0.0% | -50.8% |
| 2010 | 0.0% | +33.6% |
| 2011 | 0.0% | +29.9% |
| 2012 | 0.0% | +53.6% |
| 2013 | 0.0% | +133.8% |
| 2014 | 0.0% | -23.6% |
| 2015 | 0.0% | -62.9% |
| 2016 | 0.0% | -54.6% |
| 2017 | 0.0% | +23.4% |
| 2018 | 0.0% | +7.6% |
| 2019 | 0.0% | -57.8% |
| 2020 | 0.0% | -60.3% |
| 2021 | 0.0% | -48.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.1% | 0.0% | 0.2% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Spain
- 116 Morocco 0.0% compare
- 117 Switzerland 0.0% compare
- 118 Hong Kong 0.0% compare
- 120 El Salvador 0.0% compare
- 121 Slovenia 0.0% compare
- 122 American Samoa 0.0%
- 122 Antigua and Barbuda 0.0%
- 122 Armenia 0.0%
- 122 Aruba 0.0% compare
- 122 Bahamas 0.0%
- 122 Benin 0.0% compare
- 122 Bermuda 0.0%
- 122 Bhutan 0.0%
- 122 Bosnia and Herzegovina 0.0%
- 122 Botswana 0.0%
- 122 Burkina Faso 0.0%
- 122 Burundi 0.0%
- 122 Cape Verde 0.0%
- 122 Cayman Islands 0.0%
- 122 Central African Republic 0.0%
- 122 Comoros 0.0%
- 122 Cyprus 0.0% compare
- 122 Djibouti 0.0%
- 122 Dominica 0.0%
- 122 Dominican Republic 0.0%
- 122 Eritrea 0.0%
- 122 Eswatini 0.0% compare
- 122 Ethiopia 0.0% compare
- 122 Faroe Islands 0.0%
- 122 Fiji 0.0%
- 122 French Polynesia 0.0%
- 122 Gambia 0.0%
- 122 Greenland 0.0%
- 122 Grenada 0.0%
- 122 Guam 0.0%
- 122 Guinea 0.0%
- 122 Guinea-Bissau 0.0%
- 122 Haiti 0.0%
- 122 Iceland 0.0%
- 122 Kenya 0.0% compare
- 122 Kiribati 0.0%
- 122 Laos 0.0%
- 122 Lebanon 0.0%
- 122 Lesotho 0.0%
- 122 Liberia 0.0%
- 122 Luxembourg 0.0%
- 122 Macao 0.0%
- 122 Malawi 0.0% compare
- 122 Maldives 0.0%
- 122 Mali 0.0%
- 122 Malta 0.0% compare
- 122 Mauritania 0.0% compare
- 122 Mauritius 0.0% compare
- 122 Montenegro 0.0%
- 122 Namibia 0.0%
- 122 Nauru 0.0%
- 122 Nepal 0.0%
- 122 New Caledonia 0.0%
- 122 North Macedonia 0.0% compare
- 122 Palestine 0.0%
- 122 Panama 0.0% compare
- 122 Puerto Rico 0.0%
- 122 Rwanda 0.0% compare
- 122 Saint Kitts and Nevis 0.0%
- 122 Saint Lucia 0.0%
- 122 Saint Vincent and the Grenadines 0.0%
- 122 Samoa 0.0%
- 122 Sao Tome and Principe 0.0%
- 122 Senegal 0.0% compare
- 122 Seychelles 0.0%
- 122 Sierra Leone 0.0%
- 122 Singapore 0.0% compare
- 122 Solomon Islands 0.0%
- 122 Somalia 0.0%
- 122 Sri Lanka 0.0%
- 122 Tanzania 0.0% compare
- 122 Togo 0.0%
- 122 Tonga 0.0%
- 122 Turks and Caicos Islands 0.0%
- 122 Uganda 0.0%
- 122 United States Virgin Islands 0.0%
- 122 Vanuatu 0.0%
- 122 Zambia 0.0%
More energy & mining data for Spain
- Fuel imports 13.4% (2024)
- Ores and metals imports 3.6% (2024)
- Ores and metals exports 3.4% (2024)
- Gas production 0.3324 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 6.94 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0.3324 terawatt-hours (2024)
- Gas production per person 6.94 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 Spain?
- Oil rents as a share of gdp in Spain 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 Spain?
- The highest recorded value was 0.2% in 1983.
- What is the lowest oil rents as a share of gdp recorded in Spain?
- The lowest recorded value was 0.0% in 2021.
- How does Spain rank for oil rents as a share of gdp?
- Spain ranks 119th out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Spain?
- Over the last ten years it is down 94.7%. The long-run trend across the full record is volatile.
- Where does this Spain 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.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.