Oil rents in Angola
Angola: Oil rents was 28.3% in 2021. ▲ Rising
Oil rents in Angola, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Angola stood at 28.3%.
The figure is up 52.2% on the previous year and down 26.8% over ten years.
Over the whole period, oil rents in Angola peaked at 57.5% in 2000 and was at its lowest, 4.1%, in 1982.
That places Angola 4th out of 200 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 42 years of available data.
Oil rents in Angola, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 19.5% | — |
| 1981 | 10.4% | -46.6% |
| 1982 | 4.1% | -60.7% |
| 1983 | 11.2% | +174.0% |
| 1984 | 14.1% | +25.7% |
| 1985 | 14.2% | +0.4% |
| 1986 | 6.3% | -55.4% |
| 1987 | 15.2% | +140.1% |
| 1988 | 14.4% | -5.1% |
| 1989 | 21.9% | +51.9% |
| 1990 | 28.0% | +28.1% |
| 1991 | 16.9% | -39.8% |
| 1992 | 27.0% | +60.1% |
| 1993 | 34.5% | +27.7% |
| 1994 | 40.6% | +17.5% |
| 1995 | 41.0% | +1.1% |
| 1996 | 39.1% | -4.7% |
| 1997 | 37.3% | -4.4% |
| 1998 | 21.7% | -41.8% |
| 1999 | 38.5% | +77.1% |
| 2000 | 57.5% | +49.3% |
| 2001 | 42.6% | -25.9% |
| 2002 | 31.8% | -25.4% |
| 2003 | 27.1% | -14.6% |
| 2004 | 33.0% | +21.6% |
| 2005 | 42.2% | +28.1% |
| 2006 | 40.3% | -4.6% |
| 2007 | 45.4% | +12.7% |
| 2008 | 52.1% | +14.8% |
| 2009 | 29.8% | -42.8% |
| 2010 | 37.7% | +26.6% |
| 2011 | 38.6% | +2.4% |
| 2012 | 34.3% | -11.1% |
| 2013 | 29.0% | -15.5% |
| 2014 | 21.7% | -25.1% |
| 2015 | 12.7% | -41.5% |
| 2016 | 19.7% | +55.3% |
| 2017 | 24.7% | +25.1% |
| 2018 | 30.7% | +24.4% |
| 2019 | 27.5% | -10.5% |
| 2020 | 18.6% | -32.5% |
| 2021 | 28.3% | +52.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.1% | 4.1% | 21.9% | 10 |
| 1990s | 32.5% | 16.9% | 41.0% | 10 |
| 2000s | 40.2% | 27.1% | 57.5% | 10 |
| 2010s | 27.7% | 12.7% | 38.6% | 10 |
| 2020s | 23.4% | 18.6% | 28.3% | 2 |
Countries ranked near Angola
More energy & mining data for Angola
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 1.92 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.5% (2024)
Frequently asked questions
- What is oil rents in Angola?
- Oil rents in Angola was 28.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Angola?
- The highest recorded value was 57.5% in 2000.
- What is the lowest oil rents recorded in Angola?
- The lowest recorded value was 4.1% in 1982.
- How does Angola rank for oil rents?
- Angola ranks 4th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Angola?
- Over the last ten years it is down 26.8%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Oil rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.