Oil rents in Guatemala
Guatemala: Oil rents was 0.1% in 2021. ◆ Volatile
Oil rents in Guatemala, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Guatemala recorded 0.1% for oil rents in 2021.
Compared with earlier readings it is up 121.7% on the previous year and down 80.0% over ten years.
Over the whole period, oil rents in Guatemala peaked at 0.9% in 2005 and was at its lowest, 0.0%, in 1971.
Guatemala ranks 76th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Guatemala, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | -63.9% |
| 1978 | 0.0% | -57.4% |
| 1979 | 0.2% | +5895.7% |
| 1980 | 0.4% | +189.8% |
| 1981 | 0.3% | -24.8% |
| 1982 | 0.3% | -9.6% |
| 1983 | 0.4% | +46.2% |
| 1984 | 0.3% | -37.0% |
| 1985 | 0.2% | -42.5% |
| 1986 | 0.2% | -2.3% |
| 1987 | 0.2% | +22.4% |
| 1988 | 0.1% | -32.2% |
| 1989 | 0.2% | +40.3% |
| 1990 | 0.3% | +66.6% |
| 1991 | 0.1% | -58.2% |
| 1992 | 0.2% | +47.2% |
| 1993 | 0.2% | +4.9% |
| 1994 | 0.2% | -7.3% |
| 1995 | 0.2% | +30.3% |
| 1996 | 0.5% | +101.6% |
| 1997 | 0.5% | +3.3% |
| 1998 | 0.3% | -36.0% |
| 1999 | 0.5% | +66.7% |
| 2000 | 0.8% | +53.6% |
| 2001 | 0.6% | -21.5% |
| 2002 | 0.7% | +12.5% |
| 2003 | 0.7% | +4.4% |
| 2004 | 0.7% | -1.6% |
| 2005 | 0.9% | +21.7% |
| 2006 | 0.9% | -4.1% |
| 2007 | 0.8% | -11.9% |
| 2008 | 0.8% | +11.4% |
| 2009 | 0.4% | -50.6% |
| 2010 | 0.5% | +14.0% |
| 2011 | 0.6% | +25.8% |
| 2012 | 0.5% | -12.0% |
| 2013 | 0.4% | -19.6% |
| 2014 | 0.4% | -13.1% |
| 2015 | 0.1% | -66.0% |
| 2016 | 0.1% | -34.8% |
| 2017 | 0.1% | +47.7% |
| 2018 | 0.2% | +48.2% |
| 2019 | 0.1% | -20.8% |
| 2020 | 0.1% | -61.9% |
| 2021 | 0.1% | +121.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.2% | 9 |
| 1980s | 0.3% | 0.1% | 0.4% | 10 |
| 1990s | 0.3% | 0.1% | 0.5% | 10 |
| 2000s | 0.7% | 0.4% | 0.9% | 10 |
| 2010s | 0.3% | 0.1% | 0.6% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Guatemala
- 73 Cuba 0.2% compare
- 74 Hungary 0.2% compare
- 75 Türkiye 0.1% compare
- 77 New Zealand 0.1% compare
- 78 Madagascar 0.1% compare
- 79 Kyrgyzstan 0.1% compare
More energy & mining data for Guatemala
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.84 % 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 15.3% (2024)
Frequently asked questions
- What is oil rents in Guatemala?
- Oil rents in Guatemala was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Guatemala?
- The highest recorded value was 0.9% in 2005.
- What is the lowest oil rents recorded in Guatemala?
- The lowest recorded value was 0.0% in 1971.
- How does Guatemala rank for oil rents?
- Guatemala ranks 76th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Guatemala?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Guatemala 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.