Oil rents in Congo
Congo: Oil rents was 34.4% in 2021. ▲ Rising
Oil rents in Congo, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in Congo is 34.4%, measured in 2021.
Compared with earlier readings it is up 53.4% on the previous year and down 29.3% over ten years.
Over the whole period, oil rents in Congo peaked at 56.0% in 2000 and was at its lowest, 0.0%, in 1971.
That places Congo 3rd out of 200 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Oil rents in Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -73.2% |
| 1972 | 0.2% | +5909.5% |
| 1973 | 1.5% | +715.7% |
| 1974 | 24.3% | +1497.4% |
| 1975 | 13.1% | -45.8% |
| 1976 | 15.4% | +17.4% |
| 1977 | 16.5% | +7.0% |
| 1978 | 17.1% | +3.8% |
| 1979 | 37.9% | +121.4% |
| 1980 | 29.4% | -22.6% |
| 1981 | 17.9% | -39.1% |
| 1982 | 7.3% | -59.4% |
| 1983 | 17.9% | +147.0% |
| 1984 | 22.3% | +24.7% |
| 1985 | 24.2% | +8.2% |
| 1986 | 9.9% | -59.0% |
| 1987 | 18.2% | +84.0% |
| 1988 | 17.3% | -5.3% |
| 1989 | 32.0% | +85.0% |
| 1990 | 37.1% | +15.9% |
| 1991 | 20.7% | -44.1% |
| 1992 | 23.4% | +12.8% |
| 1993 | 27.3% | +16.8% |
| 1994 | 32.5% | +19.1% |
| 1995 | 31.4% | -3.4% |
| 1996 | 34.2% | +9.1% |
| 1997 | 38.8% | +13.4% |
| 1998 | 23.4% | -39.8% |
| 1999 | 34.5% | +47.3% |
| 2000 | 56.0% | +62.3% |
| 2001 | 43.3% | -22.6% |
| 2002 | 40.6% | -6.1% |
| 2003 | 32.8% | -19.2% |
| 2004 | 36.8% | +12.0% |
| 2005 | 44.9% | +22.3% |
| 2006 | 50.1% | +11.5% |
| 2007 | 44.0% | -12.3% |
| 2008 | 48.9% | +11.2% |
| 2009 | 32.0% | -34.5% |
| 2010 | 40.9% | +27.9% |
| 2011 | 48.7% | +18.9% |
| 2012 | 38.1% | -21.7% |
| 2013 | 29.7% | -22.1% |
| 2014 | 24.8% | -16.4% |
| 2015 | 12.3% | -50.6% |
| 2016 | 12.8% | +4.3% |
| 2017 | 25.0% | +95.5% |
| 2018 | 38.2% | +52.9% |
| 2019 | 35.9% | -6.3% |
| 2020 | 22.4% | -37.5% |
| 2021 | 34.4% | +53.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.6% | 0.0% | 37.9% | 10 |
| 1980s | 19.6% | 7.3% | 32.0% | 10 |
| 1990s | 30.3% | 20.7% | 38.8% | 10 |
| 2000s | 42.9% | 32.0% | 56.0% | 10 |
| 2010s | 30.6% | 12.3% | 48.7% | 10 |
| 2020s | 28.4% | 22.4% | 34.4% | 2 |
Countries ranked near Congo
More energy & mining data for Congo
- Fuel imports 5.2% (2023)
- Ores and metals imports 1.1% (2023)
- Ores and metals exports 1.2% (2023)
- Gas production 19.21 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 3,033 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 19.21 terawatt-hours (2024)
- Gas production per person 3,033 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil rents in Congo?
- Oil rents in Congo was 34.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Congo?
- The highest recorded value was 56.0% in 2000.
- What is the lowest oil rents recorded in Congo?
- The lowest recorded value was 0.0% in 1971.
- How does Congo rank for oil rents?
- Congo ranks 3rd out of 200 countries with data for 2021.
- Is oil rents rising or falling in Congo?
- Over the last ten years it is down 29.3%. The long-run trend across the full record is rising.
- Where does this 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.
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.