Oil rents in Benin
Benin: Oil rents was 0.0% in 2021. ◆ Volatile
Latest (2021)
0.0%
Change on year
down 100.0%
World rank
122nd
of 200 countries
All-time high
3.0%
in 1985
All-time low
0.0%
in 1971
Years of data
46
1971–2021
Oil rents in Benin, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Benin stood at 0.0%. That is the lowest value across all 46 years on record.
The figure is down 100.0% on the previous year and down 100.0% over five years.
Over the whole period, oil rents in Benin peaked at 3.0% in 1985 and was at its lowest, 0.0%, in 1971.
That places Benin 122nd out of 200 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 in Benin, 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 | 0.0% | — |
| 1980 | 0.0% | — |
| 1981 | 1.5% | — |
| 1982 | 0.5% | -66.1% |
| 1983 | 1.5% | +206.4% |
| 1984 | 2.6% | +69.1% |
| 1985 | 3.0% | +14.9% |
| 1986 | 0.8% | -71.8% |
| 1987 | 1.5% | +74.8% |
| 1988 | 1.0% | -29.7% |
| 1989 | 1.6% | +51.6% |
| 1990 | 1.6% | -0.4% |
| 1991 | 0.8% | -48.1% |
| 1992 | 1.4% | +73.4% |
| 1993 | 1.0% | -29.0% |
| 1994 | 1.2% | +16.5% |
| 1995 | 0.5% | -53.7% |
| 1996 | 0.4% | -27.1% |
| 1997 | 0.3% | -23.2% |
| 1998 | 0.1% | -66.8% |
| 2004 | 0.0% | -100.0% |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.1% | — |
| 2016 | 0.1% | -3.6% |
| 2017 | 0.1% | +70.0% |
| 2018 | 0.1% | +33.2% |
| 2019 | 0.1% | -16.0% |
| 2020 | 0.0% | -53.9% |
| 2021 | 0.0% | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 9 |
| 1980s | 1.4% | 0.0% | 3.0% | 10 |
| 1990s | 0.8% | 0.1% | 1.6% | 9 |
| 2000s | 0.0% | 0.0% | 0.0% | 6 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Benin
- 119 Spain 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 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 Kosovo 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 Panama 0.0% compare
- 122 Puerto Rico 0.0%
- 122 Rwanda 0.0% compare
- 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 Saint Kitts and Nevis 0.0%
- 122 Saint Lucia 0.0%
- 122 Saint Vincent and the Grenadines 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 Vanuatu 0.0%
- 122 United States Virgin Islands 0.0%
- 122 Palestine 0.0%
- 122 Zambia 0.0%
More energy & mining data for Benin
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 2.34 % 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 13.7% (2024)
Frequently asked questions
- What is oil rents in Benin?
- Oil rents in Benin was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Benin?
- The highest recorded value was 3.0% in 1985.
- What is the lowest oil rents recorded in Benin?
- The lowest recorded value was 0.0% in 1971.
- How does Benin rank for oil rents?
- Benin ranks 122nd out of 200 countries with data for 2021.
- Where does this Benin 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 — 46 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.