Oil rents in China
China: Oil rents was 0.3% in 2021. ◆ Volatile
Oil rents in China, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in China stood at 0.3%.
The figure is up 170.0% on the previous year and down 80.0% over ten years.
Over the whole period, oil rents in China peaked at 12.3% in 1980 and was at its lowest, 0.0%, in 1970.
That places China 64th 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 China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +35.9% |
| 1972 | 0.1% | +238.1% |
| 1973 | 0.3% | +204.6% |
| 1974 | 2.8% | +725.9% |
| 1975 | 3.1% | +12.8% |
| 1976 | 4.1% | +31.3% |
| 1977 | 4.3% | +5.3% |
| 1978 | 5.6% | +28.5% |
| 1979 | 11.6% | +108.7% |
| 1980 | 12.3% | +5.9% |
| 1981 | 9.4% | -23.4% |
| 1982 | 6.1% | -35.6% |
| 1983 | 6.5% | +8.0% |
| 1984 | 6.2% | -5.0% |
| 1985 | 5.6% | -9.9% |
| 1986 | 2.8% | -49.2% |
| 1987 | 4.8% | +67.9% |
| 1988 | 3.2% | -33.3% |
| 1989 | 4.2% | +30.4% |
| 1990 | 5.5% | +33.3% |
| 1991 | 3.0% | -45.4% |
| 1992 | 3.0% | -2.2% |
| 1993 | 2.8% | -5.0% |
| 1994 | 1.9% | -31.8% |
| 1995 | 1.6% | -15.3% |
| 1996 | 1.8% | +13.5% |
| 1997 | 1.4% | -21.7% |
| 1998 | 0.6% | -56.0% |
| 1999 | 1.1% | +71.3% |
| 2000 | 2.0% | +87.5% |
| 2001 | 1.3% | -35.2% |
| 2002 | 1.2% | -5.8% |
| 2003 | 1.3% | +3.3% |
| 2004 | 1.6% | +27.2% |
| 2005 | 2.2% | +36.4% |
| 2006 | 2.2% | -0.2% |
| 2007 | 1.8% | -20.9% |
| 2008 | 2.0% | +13.1% |
| 2009 | 0.9% | -54.8% |
| 2010 | 1.2% | +36.0% |
| 2011 | 1.5% | +26.4% |
| 2012 | 1.3% | -16.9% |
| 2013 | 1.1% | -16.2% |
| 2014 | 0.9% | -17.5% |
| 2015 | 0.3% | -62.3% |
| 2016 | 0.2% | -26.7% |
| 2017 | 0.3% | +27.6% |
| 2018 | 0.4% | +31.6% |
| 2019 | 0.3% | -27.7% |
| 2020 | 0.1% | -61.7% |
| 2021 | 0.3% | +170.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.2% | 0.0% | 11.6% | 10 |
| 1980s | 6.1% | 2.8% | 12.3% | 10 |
| 1990s | 2.3% | 0.6% | 5.5% | 10 |
| 2000s | 1.7% | 0.9% | 2.2% | 10 |
| 2010s | 0.8% | 0.2% | 1.5% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near China
More energy & mining data for China
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 2.15 % 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 (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 20.4% (2024)
Frequently asked questions
- What is oil rents in China?
- Oil rents in China was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in China?
- The highest recorded value was 12.3% in 1980.
- What is the lowest oil rents recorded in China?
- The lowest recorded value was 0.0% in 1970.
- How does China rank for oil rents?
- China ranks 64th out of 200 countries with data for 2021.
- Is oil rents rising or falling in China?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this China 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 — 52 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.