Oil rents in IDA only
IDA only: Oil rents was 0.7% in 2021. ◆ Volatile
Oil rents in IDA only, 1975–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in IDA only is 0.7%, measured in 2021.
The figure is up 89.0% on the previous year and down 86.2% over ten years.
Over the whole period, oil rents in IDA only peaked at 5.6% in 1994 and was at its lowest, 0.2%, in 2016.
IDA only ranks 36th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in IDA only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 1.4% | — |
| 1980 | 2.3% | +62.4% |
| 1981 | 1.7% | -25.0% |
| 1982 | 1.3% | -23.3% |
| 1983 | 1.5% | +10.7% |
| 1984 | 1.4% | -2.2% |
| 1985 | 1.2% | -13.8% |
| 1986 | 0.4% | -68.4% |
| 1987 | 0.5% | +26.8% |
| 1988 | 0.6% | +22.9% |
| 1989 | 0.9% | +43.6% |
| 1990 | 2.8% | +221.2% |
| 1991 | 1.7% | -39.4% |
| 1992 | 2.1% | +24.9% |
| 1993 | 2.9% | +35.1% |
| 1994 | 5.6% | +97.0% |
| 1995 | 2.9% | -47.9% |
| 1996 | 1.6% | -45.9% |
| 1997 | 1.3% | -17.4% |
| 1998 | 0.8% | -36.8% |
| 1999 | 1.4% | +69.2% |
| 2000 | 2.7% | +89.5% |
| 2001 | 2.2% | -16.9% |
| 2002 | 2.2% | -0.1% |
| 2003 | 2.3% | +4.0% |
| 2004 | 3.0% | +29.6% |
| 2005 | 4.1% | +37.1% |
| 2006 | 4.2% | +2.8% |
| 2007 | 3.9% | -7.2% |
| 2008 | 5.4% | +39.9% |
| 2009 | 2.7% | -50.8% |
| 2010 | 3.3% | +21.8% |
| 2011 | 4.8% | +48.2% |
| 2012 | 2.3% | -52.0% |
| 2013 | 1.8% | -24.2% |
| 2014 | 1.4% | -19.5% |
| 2015 | 0.4% | -68.3% |
| 2016 | 0.2% | -48.7% |
| 2017 | 0.4% | +75.5% |
| 2018 | 0.7% | +70.5% |
| 2019 | 0.6% | -19.1% |
| 2020 | 0.4% | -36.6% |
| 2021 | 0.7% | +89.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | 1.4% | 1.4% | 1 |
| 1980s | 1.2% | 0.4% | 2.3% | 10 |
| 1990s | 2.3% | 0.8% | 5.6% | 10 |
| 2000s | 3.3% | 2.2% | 5.4% | 10 |
| 2010s | 1.6% | 0.2% | 4.8% | 10 |
| 2020s | 0.5% | 0.4% | 0.7% | 2 |
Countries ranked near IDA only
More energy & mining data for IDA only
- Fuel imports 15.1% (2021)
- Ores and metals imports 1.7% (2021)
- Ores and metals exports 14.5% (2023)
- Fuel exports 9.8% (2023)
- Electric power transmission and distribution losses 13.2% (2023)
- Mineral rents 3.2% (2021)
- Natural gas rents 0.4% (2021)
- Total natural resources rents 6.9% (2021)
- Alternative and nuclear energy 4.9% (2023)
- Electric power consumption 344.36 kWh per capita (2023)
Frequently asked questions
- What is oil rents in IDA only?
- Oil rents in IDA only was 0.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in IDA only?
- The highest recorded value was 5.6% in 1994.
- What is the lowest oil rents recorded in IDA only?
- The lowest recorded value was 0.2% in 2016.
- How does IDA only rank for oil rents?
- IDA only ranks 36th out of 47 groups with data for 2021.
- Is oil rents rising or falling in IDA only?
- Over the last ten years it is down 86.2%. The long-run trend across the full record is volatile.
- Where does this IDA only 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 — 43 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.