Oil rents in Central Europe and the Baltics
Central Europe and the Baltics: Oil rents was 0.1% in 2021. ◆ Volatile
Oil rents in Central Europe and the Baltics, 1987–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Central Europe and the Baltics recorded 0.1% for oil rents in 2021.
Compared with earlier readings it is up 105.8% on the previous year and down 43.4% over ten years.
Over the whole period, oil rents in Central Europe and the Baltics peaked at 1.2% in 1989 and was at its lowest, 0.0%, in 1998.
Central Europe and the Baltics ranks 44th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Central Europe and the Baltics, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 1.1% | — |
| 1988 | 0.8% | -28.2% |
| 1989 | 1.2% | +49.2% |
| 1990 | 0.5% | -56.1% |
| 1991 | 0.3% | -46.5% |
| 1992 | 0.3% | -2.0% |
| 1993 | 0.2% | -10.4% |
| 1994 | 0.2% | -19.5% |
| 1995 | 0.2% | -6.9% |
| 1996 | 0.2% | +27.2% |
| 1997 | 0.2% | -24.4% |
| 1998 | 0.0% | -72.4% |
| 1999 | 0.1% | +198.0% |
| 2000 | 0.3% | +123.6% |
| 2001 | 0.2% | -32.8% |
| 2002 | 0.2% | -10.1% |
| 2003 | 0.2% | -4.0% |
| 2004 | 0.2% | +9.7% |
| 2005 | 0.2% | +18.7% |
| 2006 | 0.2% | -3.1% |
| 2007 | 0.2% | -9.9% |
| 2008 | 0.2% | +15.2% |
| 2009 | 0.1% | -39.7% |
| 2010 | 0.1% | +3.1% |
| 2011 | 0.2% | +44.1% |
| 2012 | 0.2% | +3.0% |
| 2013 | 0.2% | -8.5% |
| 2014 | 0.2% | -10.0% |
| 2015 | 0.1% | -51.0% |
| 2016 | 0.1% | -25.1% |
| 2017 | 0.1% | +32.6% |
| 2018 | 0.1% | +42.8% |
| 2019 | 0.1% | -10.8% |
| 2020 | 0.1% | -47.8% |
| 2021 | 0.1% | +105.8% |
Biggest year-on-year movements
Years where Oil rents in Central Europe and the Baltics changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +198.0% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.0% | 0.8% | 1.2% | 3 |
| 1990s | 0.2% | 0.0% | 0.5% | 10 |
| 2000s | 0.2% | 0.1% | 0.3% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Central Europe and the Baltics
More energy & mining data for Central Europe and the Baltics
- Fuel imports 8.4% (2024)
- Ores and metals imports 3.0% (2024)
- Ores and metals exports 2.7% (2024)
- Fuel exports 3.9% (2024)
- Electric power transmission and distribution losses 6.2% (2024)
- Mineral rents 0.2% (2021)
- Natural gas rents 0.1% (2021)
- Total natural resources rents 0.8% (2021)
- Alternative and nuclear energy 13.2% (2024)
- Electric power consumption 4,751 kWh per capita (2024)
Frequently asked questions
- What is oil rents in Central Europe and the Baltics?
- Oil rents in Central Europe and the Baltics was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Central Europe and the Baltics?
- The highest recorded value was 1.2% in 1989.
- What is the lowest oil rents recorded in Central Europe and the Baltics?
- The lowest recorded value was 0.0% in 1998.
- How does Central Europe and the Baltics rank for oil rents?
- Central Europe and the Baltics ranks 44th out of 47 groups with data for 2021.
- Is oil rents rising or falling in Central Europe and the Baltics?
- Over the last ten years it is down 43.4%. The long-run trend across the full record is volatile.
- Where does this Central Europe and the Baltics 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 — 35 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.