Oil rents in Euro area
Euro area: Oil rents was 0.0% in 2021. ◆ Volatile
Oil rents in Euro area, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in Euro area is 0.0%, measured in 2021.
The figure is up 104.0% on the previous year and down 35.7% over ten years.
Over the whole period, oil rents in Euro area peaked at 0.1% in 1985 and was at its lowest, 0.0%, in 1970.
That places Euro area 46th 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 Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +146.1% |
| 1972 | 0.0% | +15.4% |
| 1973 | 0.0% | +39.5% |
| 1974 | 0.1% | +450.4% |
| 1975 | 0.0% | -23.5% |
| 1976 | 0.0% | -0.8% |
| 1977 | 0.0% | -14.8% |
| 1978 | 0.0% | -17.9% |
| 1979 | 0.1% | +101.9% |
| 1980 | 0.1% | +20.4% |
| 1981 | 0.1% | -8.2% |
| 1982 | 0.0% | -31.3% |
| 1983 | 0.1% | +63.1% |
| 1984 | 0.1% | +6.5% |
| 1985 | 0.1% | +7.7% |
| 1986 | 0.0% | -70.8% |
| 1987 | 0.0% | +37.0% |
| 1988 | 0.0% | -28.1% |
| 1989 | 0.0% | +44.2% |
| 1990 | 0.0% | +5.1% |
| 1991 | 0.0% | -54.8% |
| 1992 | 0.0% | -6.4% |
| 1993 | 0.0% | +0.9% |
| 1994 | 0.0% | -11.3% |
| 1995 | 0.0% | +4.6% |
| 1996 | 0.0% | +32.5% |
| 1997 | 0.0% | -15.8% |
| 1998 | 0.0% | -71.1% |
| 1999 | 0.0% | +170.4% |
| 2000 | 0.0% | +132.2% |
| 2001 | 0.0% | -29.0% |
| 2002 | 0.0% | +10.0% |
| 2003 | 0.0% | -3.9% |
| 2004 | 0.0% | +12.3% |
| 2005 | 0.0% | +40.6% |
| 2006 | 0.0% | +4.7% |
| 2007 | 0.0% | +1.1% |
| 2008 | 0.0% | +24.1% |
| 2009 | 0.0% | -47.9% |
| 2010 | 0.0% | +24.6% |
| 2011 | 0.0% | +52.4% |
| 2012 | 0.0% | +6.2% |
| 2013 | 0.0% | -8.2% |
| 2014 | 0.0% | -3.6% |
| 2015 | 0.0% | -52.6% |
| 2016 | 0.0% | -39.2% |
| 2017 | 0.0% | +51.0% |
| 2018 | 0.0% | +55.4% |
| 2019 | 0.0% | -15.0% |
| 2020 | 0.0% | -41.7% |
| 2021 | 0.0% | +104.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Euro area
More energy & mining data for Euro area
- Fuel imports 12.0% (2024)
- Ores and metals imports 3.6% (2024)
- Ores and metals exports 2.9% (2024)
- Fuel exports 5.6% (2024)
- Electric power transmission and distribution losses 6.3% (2024)
- Mineral rents 0.0% (2021)
- Natural gas rents 0.0% (2021)
- Total natural resources rents 0.1% (2021)
- Alternative and nuclear energy 23.4% (2024)
- Electric power consumption 6,014 kWh per capita (2024)
Frequently asked questions
- What is oil rents in Euro area?
- Oil rents in Euro area was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Euro area?
- The highest recorded value was 0.1% in 1985.
- What is the lowest oil rents recorded in Euro area?
- The lowest recorded value was 0.0% in 1970.
- How does Euro area rank for oil rents?
- Euro area ranks 46th out of 47 groups with data for 2021.
- Is oil rents rising or falling in Euro area?
- Over the last ten years it is down 35.7%. The long-run trend across the full record is volatile.
- Where does this Euro area 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.