Oil rents in Democratic Republic of Congo
Democratic Republic of Congo: Oil rents was 0.6% in 2021. ◆ Volatile
Oil rents in Democratic Republic of Congo, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Democratic Republic of Congo recorded 0.6% for oil rents in 2021.
Compared with earlier readings it is up 81.1% on the previous year and down 73.4% over ten years.
Over the whole period, oil rents in Democratic Republic of Congo peaked at 2.8% in 2008 and was at its lowest, 0.0%, in 1971.
That places Democratic Republic of Congo 53rd 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 Democratic Republic of Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.7% | +43661.2% |
| 1977 | 0.6% | -11.7% |
| 1978 | 0.4% | -42.5% |
| 1979 | 1.2% | +212.7% |
| 1980 | 1.0% | -16.4% |
| 1981 | 0.7% | -23.0% |
| 1982 | 0.3% | -60.7% |
| 1983 | 0.8% | +184.2% |
| 1984 | 1.7% | +106.3% |
| 1985 | 2.1% | +24.5% |
| 1986 | 0.6% | -70.4% |
| 1987 | 1.4% | +118.6% |
| 1988 | 0.9% | -33.3% |
| 1989 | 1.5% | +58.1% |
| 1990 | 2.1% | +41.2% |
| 1991 | 1.0% | -50.7% |
| 1992 | 1.2% | +15.8% |
| 1993 | 0.8% | -29.0% |
| 1994 | 1.4% | +64.8% |
| 1995 | 1.8% | +30.6% |
| 1996 | 2.2% | +21.7% |
| 1997 | 1.8% | -17.1% |
| 1998 | 0.8% | -56.2% |
| 1999 | 1.7% | +118.3% |
| 2000 | 0.9% | -50.4% |
| 2001 | 1.7% | +99.1% |
| 2002 | 1.5% | -15.4% |
| 2003 | 1.6% | +9.7% |
| 2004 | 2.1% | +34.1% |
| 2005 | 2.7% | +24.6% |
| 2006 | 2.6% | -3.0% |
| 2007 | 2.5% | -1.4% |
| 2008 | 2.8% | +11.3% |
| 2009 | 1.4% | -51.3% |
| 2010 | 1.8% | +31.0% |
| 2011 | 2.4% | +35.3% |
| 2012 | 2.1% | -15.8% |
| 2013 | 1.6% | -24.1% |
| 2014 | 1.1% | -32.3% |
| 2015 | 0.3% | -67.3% |
| 2016 | 0.3% | -11.2% |
| 2017 | 0.7% | +115.2% |
| 2018 | 0.8% | +18.7% |
| 2019 | 0.6% | -19.7% |
| 2020 | 0.4% | -43.0% |
| 2021 | 0.6% | +81.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.0% | 1.2% | 9 |
| 1980s | 1.1% | 0.3% | 2.1% | 10 |
| 1990s | 1.5% | 0.8% | 2.2% | 10 |
| 2000s | 2.0% | 0.9% | 2.8% | 10 |
| 2010s | 1.2% | 0.3% | 2.4% | 10 |
| 2020s | 0.5% | 0.4% | 0.6% | 2 |
Countries ranked near Democratic Republic of Congo
More energy & mining data for Democratic Republic of Congo
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.4362 % 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 36.5% (2023)
Frequently asked questions
- What is oil rents in Democratic Republic of Congo?
- Oil rents in Democratic Republic of Congo was 0.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Democratic Republic of Congo?
- The highest recorded value was 2.8% in 2008.
- What is the lowest oil rents recorded in Democratic Republic of Congo?
- The lowest recorded value was 0.0% in 1971.
- How does Democratic Republic of Congo rank for oil rents?
- Democratic Republic of Congo ranks 53rd out of 200 countries with data for 2021.
- Is oil rents rising or falling in Democratic Republic of Congo?
- Over the last ten years it is down 73.4%. The long-run trend across the full record is volatile.
- Where does this Democratic Republic of Congo 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.