Oil rents in Argentina
Argentina: Oil rents was 1.5% in 2021. ◆ Volatile
Oil rents in Argentina, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Argentina stood at 1.5%.
Compared with earlier readings it is up 128.1% on the previous year and down 43.7% over ten years.
Over the whole period, oil rents in Argentina peaked at 5.8% in 1980 and was at its lowest, 0.2%, in 1970.
Argentina ranks 43rd of 201 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Argentina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.3% | +70.3% |
| 1972 | 0.4% | +14.8% |
| 1973 | 0.4% | +15.0% |
| 1974 | 1.7% | +301.9% |
| 1975 | 2.1% | +27.7% |
| 1976 | 2.4% | +11.4% |
| 1977 | 1.9% | -18.0% |
| 1978 | 2.2% | +13.3% |
| 1979 | 5.0% | +129.6% |
| 1980 | 5.8% | +16.2% |
| 1981 | 4.8% | -17.9% |
| 1982 | 2.6% | -44.8% |
| 1983 | 2.9% | +10.7% |
| 1984 | 3.7% | +25.7% |
| 1985 | 3.0% | -18.4% |
| 1986 | 1.0% | -67.7% |
| 1987 | 1.5% | +59.4% |
| 1988 | 1.1% | -30.9% |
| 1989 | 2.7% | +155.9% |
| 1990 | 2.2% | -20.3% |
| 1991 | 0.9% | -59.0% |
| 1992 | 0.9% | +2.0% |
| 1993 | 0.9% | -1.1% |
| 1994 | 0.9% | -2.2% |
| 1995 | 1.1% | +26.2% |
| 1996 | 1.4% | +27.6% |
| 1997 | 1.3% | -10.5% |
| 1998 | 0.7% | -46.8% |
| 1999 | 1.2% | +74.8% |
| 2000 | 2.0% | +72.5% |
| 2001 | 1.6% | -22.6% |
| 2002 | 4.6% | +190.7% |
| 2003 | 3.8% | -17.3% |
| 2004 | 3.6% | -4.4% |
| 2005 | 4.4% | +20.2% |
| 2006 | 4.5% | +3.0% |
| 2007 | 3.7% | -17.5% |
| 2008 | 4.0% | +9.0% |
| 2009 | 2.1% | -47.4% |
| 2010 | 2.3% | +8.5% |
| 2011 | 2.7% | +19.1% |
| 2012 | 2.6% | -6.9% |
| 2013 | 2.3% | -11.8% |
| 2014 | 2.1% | -7.2% |
| 2015 | 0.7% | -66.8% |
| 2016 | 0.5% | -20.8% |
| 2017 | 0.7% | +20.7% |
| 2018 | 1.3% | +97.6% |
| 2019 | 1.3% | -1.5% |
| 2020 | 0.7% | -47.6% |
| 2021 | 1.5% | +128.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.2% | 5.0% | 10 |
| 1980s | 2.9% | 1.0% | 5.8% | 10 |
| 1990s | 1.1% | 0.7% | 2.2% | 10 |
| 2000s | 3.4% | 1.6% | 4.6% | 10 |
| 2010s | 1.6% | 0.5% | 2.7% | 10 |
| 2020s | 1.1% | 0.7% | 1.5% | 2 |
Countries ranked near Argentina
More energy & mining data for Argentina
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.19 % 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 (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 (2025)
- Fuel imports 6.2% (2024)
Frequently asked questions
- What is oil rents in Argentina?
- Oil rents in Argentina was 1.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Argentina?
- The highest recorded value was 5.8% in 1980.
- What is the lowest oil rents recorded in Argentina?
- The lowest recorded value was 0.2% in 1970.
- How does Argentina rank for oil rents?
- Argentina ranks 43rd out of 201 countries with data for 2021.
- Is oil rents rising or falling in Argentina?
- Over the last ten years it is down 43.7%. The long-run trend across the full record is volatile.
- Where does this Argentina 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.
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About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.