Oil rents in Ecuador
Ecuador: Oil rents was 6.4% in 2021. ◆ Volatile
Oil rents in Ecuador, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Ecuador stood at 6.4%.
That represents a change of up 149.9% on the previous year and down 60.0% over ten years.
Over the whole period, oil rents in Ecuador peaked at 18.7% in 2008 and was at its lowest, 0.0%, in 1970.
Ecuador ranks 24th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +53.2% |
| 1972 | 0.7% | +2162.4% |
| 1973 | 2.8% | +288.9% |
| 1974 | 7.8% | +178.8% |
| 1975 | 5.9% | -25.2% |
| 1976 | 6.3% | +7.0% |
| 1977 | 4.3% | -31.0% |
| 1978 | 4.9% | +12.8% |
| 1979 | 11.1% | +127.7% |
| 1980 | 10.6% | -4.8% |
| 1981 | 7.4% | -29.7% |
| 1982 | 4.8% | -36.1% |
| 1983 | 8.7% | +82.6% |
| 1984 | 9.4% | +7.8% |
| 1985 | 9.5% | +1.1% |
| 1986 | 4.7% | -50.5% |
| 1987 | 5.0% | +6.7% |
| 1988 | 6.9% | +37.5% |
| 1989 | 9.1% | +31.8% |
| 1990 | 12.0% | +32.5% |
| 1991 | 6.2% | -48.5% |
| 1992 | 6.7% | +8.1% |
| 1993 | 6.5% | -2.3% |
| 1994 | 5.8% | -10.7% |
| 1995 | 6.5% | +10.8% |
| 1996 | 7.8% | +20.7% |
| 1997 | 6.2% | -20.7% |
| 1998 | 3.2% | -48.0% |
| 1999 | 7.9% | +144.8% |
| 2000 | 16.3% | +107.7% |
| 2001 | 9.1% | -44.3% |
| 2002 | 8.1% | -11.2% |
| 2003 | 8.4% | +3.9% |
| 2004 | 12.3% | +46.0% |
| 2005 | 16.5% | +35.0% |
| 2006 | 18.0% | +8.8% |
| 2007 | 16.5% | -8.2% |
| 2008 | 18.7% | +13.0% |
| 2009 | 8.8% | -52.7% |
| 2010 | 11.2% | +26.9% |
| 2011 | 16.0% | +43.0% |
| 2012 | 14.0% | -12.8% |
| 2013 | 12.3% | -11.9% |
| 2014 | 11.1% | -9.9% |
| 2015 | 4.2% | -62.1% |
| 2016 | 3.3% | -22.2% |
| 2017 | 4.5% | +38.4% |
| 2018 | 6.8% | +49.8% |
| 2019 | 5.5% | -18.2% |
| 2020 | 2.6% | -53.6% |
| 2021 | 6.4% | +149.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.4% | 0.0% | 11.1% | 10 |
| 1980s | 7.6% | 4.7% | 10.6% | 10 |
| 1990s | 6.9% | 3.2% | 12.0% | 10 |
| 2000s | 13.3% | 8.1% | 18.7% | 10 |
| 2010s | 8.9% | 3.3% | 16.0% | 10 |
| 2020s | 4.5% | 2.6% | 6.4% | 2 |
Countries ranked near Ecuador
- 21 Brunei Darussalam 10.4% compare
- 22 Russian Federation 9.7% compare
- 23 Suriname 7.9% compare
- 25 Nigeria 6.2% compare
- 26 Norway 6.1% compare
- 27 Turkmenistan 5.8% compare
More energy & mining data for Ecuador
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 1.76 % 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 (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 (2025)
- Fuel imports 25.0% (2024)
Frequently asked questions
- What is oil rents in Ecuador?
- Oil rents in Ecuador was 6.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Ecuador?
- The highest recorded value was 18.7% in 2008.
- What is the lowest oil rents recorded in Ecuador?
- The lowest recorded value was 0.0% in 1970.
- How does Ecuador rank for oil rents?
- Ecuador ranks 24th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Ecuador?
- Over the last ten years it is down 60.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.