Oil rents in India
India: Oil rents was 0.3% in 2021. ◆ Volatile
Oil rents in India, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in India stood at 0.3%.
The figure is up 125.6% on the previous year and down 75.9% over ten years.
Over the whole period, oil rents in India peaked at 2.0% in 1985 and was at its lowest, 0.1%, in 1970.
India ranks 62nd 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 India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +26.7% |
| 1972 | 0.1% | -10.1% |
| 1973 | 0.1% | -1.3% |
| 1974 | 0.4% | +451.4% |
| 1975 | 0.5% | +25.3% |
| 1976 | 0.6% | +14.7% |
| 1977 | 0.7% | +10.6% |
| 1978 | 0.7% | -0.4% |
| 1979 | 1.6% | +132.0% |
| 1980 | 1.0% | -37.1% |
| 1981 | 1.6% | +63.0% |
| 1982 | 1.4% | -15.2% |
| 1983 | 1.7% | +26.4% |
| 1984 | 1.7% | +0.3% |
| 1985 | 2.0% | +17.0% |
| 1986 | 0.9% | -55.1% |
| 1987 | 1.1% | +20.0% |
| 1988 | 0.8% | -25.0% |
| 1989 | 1.3% | +63.0% |
| 1990 | 1.7% | +30.0% |
| 1991 | 1.2% | -31.1% |
| 1992 | 1.0% | -19.3% |
| 1993 | 0.9% | -10.6% |
| 1994 | 0.8% | -7.3% |
| 1995 | 0.9% | +8.6% |
| 1996 | 1.0% | +11.0% |
| 1997 | 0.9% | -11.4% |
| 1998 | 0.4% | -49.5% |
| 1999 | 0.7% | +64.9% |
| 2000 | 1.2% | +69.2% |
| 2001 | 0.9% | -27.4% |
| 2002 | 0.9% | +3.3% |
| 2003 | 0.9% | -4.2% |
| 2004 | 1.1% | +23.3% |
| 2005 | 1.3% | +21.4% |
| 2006 | 1.3% | +3.4% |
| 2007 | 1.2% | -13.5% |
| 2008 | 1.6% | +37.6% |
| 2009 | 0.6% | -59.7% |
| 2010 | 0.8% | +27.7% |
| 2011 | 1.3% | +65.3% |
| 2012 | 1.3% | -2.6% |
| 2013 | 1.2% | -9.2% |
| 2014 | 0.9% | -20.8% |
| 2015 | 0.4% | -61.9% |
| 2016 | 0.2% | -38.8% |
| 2017 | 0.3% | +42.2% |
| 2018 | 0.4% | +42.6% |
| 2019 | 0.3% | -31.7% |
| 2020 | 0.1% | -52.7% |
| 2021 | 0.3% | +125.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.1% | 1.6% | 10 |
| 1980s | 1.4% | 0.8% | 2.0% | 10 |
| 1990s | 0.9% | 0.4% | 1.7% | 10 |
| 2000s | 1.1% | 0.6% | 1.6% | 10 |
| 2010s | 0.7% | 0.2% | 1.3% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near India
More energy & mining data for India
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 0.7224 % 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 (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 31.5% (2024)
Frequently asked questions
- What is oil rents in India?
- Oil rents in India was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in India?
- The highest recorded value was 2.0% in 1985.
- What is the lowest oil rents recorded in India?
- The lowest recorded value was 0.1% in 1970.
- How does India rank for oil rents?
- India ranks 62nd out of 200 countries with data for 2021.
- Is oil rents rising or falling in India?
- Over the last ten years it is down 75.9%. The long-run trend across the full record is volatile.
- Where does this India 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.
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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.