Oil rents as a share of GDP in Thailand
Thailand: Oil rents as a share of GDP was 0.5% in 2021. ◆ Volatile
Oil rents as a share of GDP in Thailand, 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
Thailand recorded 0.5% for oil rents as a share of gdp in 2021.
That represents a change of up 176.9% on the previous year and down 72.8% over ten years.
Over the whole period, oil rents as a share of gdp in Thailand peaked at 1.9% in 2008 and was at its lowest, 0.0%, in 1971.
That places Thailand 56th 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 Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | +38.3% |
| 1973 | 0.0% | +138.6% |
| 1974 | 0.0% | +462.0% |
| 1975 | 0.0% | -0.9% |
| 1976 | 0.0% | +27.8% |
| 1977 | 0.0% | +43.4% |
| 1978 | 0.0% | -25.4% |
| 1979 | 0.0% | +133.4% |
| 1980 | 0.0% | +12.2% |
| 1981 | 0.0% | -10.7% |
| 1982 | 0.0% | -35.2% |
| 1983 | 0.1% | +2062.3% |
| 1984 | 0.3% | +110.6% |
| 1985 | 0.4% | +56.1% |
| 1986 | 0.2% | -58.3% |
| 1987 | 0.2% | +7.4% |
| 1988 | 0.1% | -30.3% |
| 1989 | 0.3% | +146.0% |
| 1990 | 0.4% | +27.7% |
| 1991 | 0.2% | -47.6% |
| 1992 | 0.2% | +8.6% |
| 1993 | 0.2% | -13.9% |
| 1994 | 0.2% | -20.3% |
| 1995 | 0.1% | -11.5% |
| 1996 | 0.2% | +34.5% |
| 1997 | 0.2% | +23.0% |
| 1998 | 0.1% | -34.2% |
| 1999 | 0.3% | +76.4% |
| 2000 | 0.7% | +164.9% |
| 2001 | 0.5% | -23.7% |
| 2002 | 0.5% | +0.4% |
| 2003 | 0.7% | +24.5% |
| 2004 | 0.8% | +24.8% |
| 2005 | 1.4% | +66.1% |
| 2006 | 1.5% | +13.1% |
| 2007 | 1.4% | -11.1% |
| 2008 | 1.9% | +39.6% |
| 2009 | 1.0% | -47.2% |
| 2010 | 1.3% | +32.4% |
| 2011 | 1.8% | +32.9% |
| 2012 | 1.6% | -7.4% |
| 2013 | 1.4% | -12.6% |
| 2014 | 1.3% | -12.4% |
| 2015 | 0.5% | -57.5% |
| 2016 | 0.4% | -19.6% |
| 2017 | 0.5% | +23.0% |
| 2018 | 0.7% | +29.0% |
| 2019 | 0.5% | -32.4% |
| 2020 | 0.2% | -62.2% |
| 2021 | 0.5% | +176.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 9 |
| 1980s | 0.2% | 0.0% | 0.4% | 10 |
| 1990s | 0.2% | 0.1% | 0.4% | 10 |
| 2000s | 1.0% | 0.5% | 1.9% | 10 |
| 2010s | 1.0% | 0.4% | 1.8% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 2 |
Countries ranked near Thailand
- 53 Democratic Republic of Congo 0.6% compare
- 54 Niger 0.6% compare
- 55 United States 0.6% compare
- 57 Serbia 0.4% compare
- 58 United Kingdom 0.4% compare
- 59 South Africa 0.4% compare
More energy & mining data for Thailand
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -3.18 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (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)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 16.9% (2024)
Frequently asked questions
- What is oil rents as a share of gdp in Thailand?
- Oil rents as a share of gdp in Thailand was 0.5% 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 Thailand?
- The highest recorded value was 1.9% in 2008.
- What is the lowest oil rents as a share of gdp recorded in Thailand?
- The lowest recorded value was 0.0% in 1971.
- How does Thailand rank for oil rents as a share of gdp?
- Thailand ranks 56th out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Thailand?
- Over the last ten years it is down 72.8%. The long-run trend across the full record is volatile.
- Where does this Thailand 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.