Oil rents in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Oil rents was 0.4% in 2021. ◆ Volatile
Oil rents in East Asia & Pacific (excluding high income), 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in East Asia & Pacific (excluding high income) is 0.4%, measured in 2021.
Compared with earlier readings it is up 166.7% on the previous year and down 79.8% over ten years.
Over the whole period, oil rents in East Asia & Pacific (excluding high income) peaked at 12.7% in 1979 and was at its lowest, 0.1%, in 1970.
That places East Asia & Pacific (excluding high income) 39th out of 47 groups with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in East Asia & Pacific (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +9.9% |
| 1972 | 0.2% | +248.5% |
| 1973 | 0.6% | +201.1% |
| 1974 | 4.1% | +591.1% |
| 1975 | 4.2% | +2.3% |
| 1976 | 5.2% | +24.8% |
| 1977 | 5.5% | +5.5% |
| 1978 | 5.9% | +7.3% |
| 1979 | 12.7% | +115.5% |
| 1980 | 12.3% | -2.9% |
| 1981 | 9.3% | -24.9% |
| 1982 | 5.6% | -39.5% |
| 1983 | 6.5% | +16.5% |
| 1984 | 6.5% | -1.0% |
| 1985 | 5.8% | -10.1% |
| 1986 | 2.9% | -50.3% |
| 1987 | 4.4% | +50.8% |
| 1988 | 3.0% | -31.0% |
| 1989 | 4.2% | +38.2% |
| 1990 | 5.4% | +30.9% |
| 1991 | 3.0% | -45.3% |
| 1992 | 2.9% | -2.0% |
| 1993 | 2.6% | -9.5% |
| 1994 | 1.9% | -28.5% |
| 1995 | 1.7% | -11.1% |
| 1996 | 1.9% | +13.5% |
| 1997 | 1.6% | -16.6% |
| 1998 | 0.8% | -48.0% |
| 1999 | 1.4% | +64.8% |
| 2000 | 2.5% | +87.1% |
| 2001 | 1.7% | -33.1% |
| 2002 | 1.6% | -7.9% |
| 2003 | 1.6% | +2.1% |
| 2004 | 2.0% | +28.2% |
| 2005 | 2.7% | +33.8% |
| 2006 | 2.7% | -2.4% |
| 2007 | 2.1% | -20.8% |
| 2008 | 2.4% | +15.4% |
| 2009 | 1.1% | -54.0% |
| 2010 | 1.5% | +29.4% |
| 2011 | 1.8% | +25.5% |
| 2012 | 1.5% | -16.3% |
| 2013 | 1.3% | -16.2% |
| 2014 | 1.1% | -16.1% |
| 2015 | 0.4% | -61.0% |
| 2016 | 0.3% | -25.0% |
| 2017 | 0.4% | +27.6% |
| 2018 | 0.5% | +30.5% |
| 2019 | 0.4% | -29.5% |
| 2020 | 0.1% | -62.5% |
| 2021 | 0.4% | +166.7% |
Biggest year-on-year movements
Years where Oil rents in East Asia & Pacific (excluding high income) 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 |
|---|---|---|---|
| 1974 | +591.1% | 0.6% | 4.1% |
| 1972 | +248.5% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 0.1% | 12.7% | 10 |
| 1980s | 6.0% | 2.9% | 12.3% | 10 |
| 1990s | 2.3% | 0.8% | 5.4% | 10 |
| 2000s | 2.1% | 1.1% | 2.7% | 10 |
| 2010s | 0.9% | 0.3% | 1.8% | 10 |
| 2020s | 0.3% | 0.1% | 0.4% | 2 |
Countries ranked near East Asia & Pacific (excluding high income)
More energy & mining data for East Asia & Pacific (excluding high income)
- Fuel imports 19.5% (2024)
- Ores and metals imports 12.2% (2024)
- Ores and metals exports 2.3% (2024)
- Fuel exports 3.6% (2024)
- Electric power transmission and distribution losses 3.9% (2023)
- Mineral rents 0.6% (2021)
- Natural gas rents 0.3% (2021)
- Total natural resources rents 2.1% (2021)
- Alternative and nuclear energy 9.5% (2023)
- Electric power consumption 4,920 kWh per capita (2023)
Frequently asked questions
- What is oil rents in East Asia & Pacific (excluding high income)?
- Oil rents in East Asia & Pacific (excluding high income) was 0.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 12.7% in 1979.
- What is the lowest oil rents recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 0.1% in 1970.
- How does East Asia & Pacific (excluding high income) rank for oil rents?
- East Asia & Pacific (excluding high income) ranks 39th out of 47 groups with data for 2021.
- Is oil rents rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 79.8%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (excluding high income) 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
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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.