Oil rents in Brunei Darussalam
Brunei Darussalam: Oil rents was 10.4% in 2021. ◆ Volatile
Oil rents in Brunei Darussalam, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Brunei Darussalam stood at 10.4%.
Compared with earlier readings it is up 200.0% on the previous year and down 57.1% over ten years.
Over the whole period, oil rents in Brunei Darussalam peaked at 56.7% in 1974 and was at its lowest, 2.7%, in 1971.
That places Brunei Darussalam 21st out of 201 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Brunei Darussalam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.7% | — |
| 1971 | 2.7% | -2.0% |
| 1972 | 9.2% | +243.1% |
| 1973 | 23.1% | +150.2% |
| 1974 | 56.7% | +145.7% |
| 1975 | 52.9% | -6.6% |
| 1976 | 55.3% | +4.4% |
| 1977 | 52.7% | -4.6% |
| 1978 | 49.2% | -6.8% |
| 1980 | 52.7% | +7.3% |
| 1981 | 35.9% | -31.9% |
| 1982 | 23.1% | -35.7% |
| 1983 | 30.3% | +31.3% |
| 1984 | 34.3% | +13.1% |
| 1985 | 30.0% | -12.5% |
| 1986 | 23.0% | -23.5% |
| 1987 | 26.8% | +16.6% |
| 1988 | 19.0% | -29.1% |
| 1989 | 25.6% | +35.0% |
| 1990 | 30.7% | +19.6% |
| 1991 | 17.8% | -41.8% |
| 1992 | 19.1% | +7.2% |
| 1993 | 18.8% | -1.7% |
| 1994 | 16.1% | -14.6% |
| 1995 | 13.8% | -14.0% |
| 1996 | 16.1% | +16.4% |
| 1997 | 14.8% | -7.6% |
| 1998 | 8.8% | -40.8% |
| 1999 | 14.8% | +68.1% |
| 2000 | 23.5% | +59.0% |
| 2001 | 16.7% | -28.7% |
| 2002 | 16.1% | -3.8% |
| 2003 | 16.7% | +3.6% |
| 2004 | 19.8% | +18.5% |
| 2005 | 26.0% | +31.2% |
| 2006 | 30.5% | +17.5% |
| 2007 | 27.5% | -9.8% |
| 2008 | 26.3% | -4.4% |
| 2009 | 16.7% | -36.6% |
| 2010 | 20.4% | +22.1% |
| 2011 | 24.2% | +18.7% |
| 2012 | 20.2% | -16.3% |
| 2013 | 16.5% | -18.5% |
| 2014 | 14.7% | -11.1% |
| 2015 | 7.7% | -47.7% |
| 2016 | 6.6% | -13.9% |
| 2017 | 8.3% | +26.1% |
| 2018 | 11.0% | +32.5% |
| 2019 | 9.0% | -18.5% |
| 2020 | 3.5% | -61.6% |
| 2021 | 10.4% | +200.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.8% | 2.7% | 56.7% | 9 |
| 1980s | 30.1% | 19.0% | 52.7% | 10 |
| 1990s | 17.1% | 8.8% | 30.7% | 10 |
| 2000s | 22.0% | 16.1% | 30.5% | 10 |
| 2010s | 13.9% | 6.6% | 24.2% | 10 |
| 2020s | 6.9% | 3.5% | 10.4% | 2 |
Countries ranked near Brunei Darussalam
- 18 Venezuela, Bolivarian Republic of 11.3% compare
- 19 Bahrain 10.9% compare
- 20 South Sudan 10.4% compare
- 22 Russian Federation 9.7% compare
- 23 Suriname 7.9% compare
- 24 Ecuador 6.4% compare
More energy & mining data for Brunei Darussalam
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 7.57 % 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 0.0001 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 0.0001 terawatt-hours per person (2024)
- Fuel imports 65.9% (2024)
Frequently asked questions
- What is oil rents in Brunei Darussalam?
- Oil rents in Brunei Darussalam was 10.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Brunei Darussalam?
- The highest recorded value was 56.7% in 1974.
- What is the lowest oil rents recorded in Brunei Darussalam?
- The lowest recorded value was 2.7% in 1971.
- How does Brunei Darussalam rank for oil rents?
- Brunei Darussalam ranks 21st out of 201 countries with data for 2021.
- Is oil rents rising or falling in Brunei Darussalam?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is volatile.
- Where does this Brunei Darussalam 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.