Oil rents in Equatorial Guinea
Equatorial Guinea: Oil rents was 14.9% in 2021. ◆ Volatile
Oil rents in Equatorial Guinea, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Equatorial Guinea stood at 14.9%.
That represents a change of up 38.9% on the previous year and down 56.0% over ten years.
Over the whole period, oil rents in Equatorial Guinea peaked at 82.8% in 2000 and was at its lowest, 0.0%, in 1980.
That places Equatorial Guinea 15th out of 200 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 1.2% | — |
| 1992 | 6.1% | +404.4% |
| 1993 | 10.5% | +73.5% |
| 1994 | 11.8% | +11.9% |
| 1995 | 18.2% | +54.2% |
| 1996 | 46.8% | +157.5% |
| 1997 | 56.5% | +20.7% |
| 1998 | 50.4% | -10.8% |
| 1999 | 56.7% | +12.5% |
| 2000 | 82.8% | +46.0% |
| 2005 | 55.2% | -33.3% |
| 2006 | 52.4% | -5.1% |
| 2007 | 48.2% | -8.0% |
| 2008 | 43.6% | -9.6% |
| 2009 | 24.4% | -44.0% |
| 2010 | 33.0% | +35.2% |
| 2011 | 33.9% | +2.7% |
| 2012 | 35.0% | +3.1% |
| 2013 | 29.0% | -17.1% |
| 2014 | 22.9% | -21.2% |
| 2015 | 12.6% | -45.0% |
| 2016 | 11.7% | -6.9% |
| 2017 | 16.1% | +37.8% |
| 2018 | 20.3% | +26.0% |
| 2019 | 18.8% | -7.4% |
| 2020 | 10.8% | -42.8% |
| 2021 | 14.9% | +38.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 25.8% | 0.0% | 56.7% | 10 |
| 2000s | 51.1% | 24.4% | 82.8% | 6 |
| 2010s | 23.3% | 11.7% | 35.0% | 10 |
| 2020s | 12.8% | 10.8% | 14.9% | 2 |
Countries ranked near Equatorial Guinea
- 12 United Arab Emirates 15.7% compare
- 13 Gabon 15.6% compare
- 14 Qatar 15.3% compare
- 16 Kazakhstan 14.8% compare
- 17 Algeria 14.5% compare
- 18 Venezuela, Bolivarian Republic of 11.3% compare
More energy & mining data for Equatorial Guinea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -13.82 % 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 2.7% (1983)
Frequently asked questions
- What is oil rents in Equatorial Guinea?
- Oil rents in Equatorial Guinea was 14.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Equatorial Guinea?
- The highest recorded value was 82.8% in 2000.
- What is the lowest oil rents recorded in Equatorial Guinea?
- The lowest recorded value was 0.0% in 1980.
- How does Equatorial Guinea rank for oil rents?
- Equatorial Guinea ranks 15th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Equatorial Guinea?
- Over the last ten years it is down 56.0%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea 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 — 38 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.