Oil rents in Italy
Italy: Oil rents was 0.1% in 2021. ◆ Volatile
Oil rents in Italy, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Italy recorded 0.1% for oil rents in 2021.
Compared with earlier readings it is up 93.2% on the previous year and down 23.8% over ten years.
Over the whole period, oil rents in Italy peaked at 0.1% in 2012 and was at its lowest, 0.0%, in 1970.
That places Italy 81st out of 201 countries with data for 2021, putting it 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 Italy, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +178.4% |
| 1972 | 0.0% | +15.2% |
| 1973 | 0.0% | +37.7% |
| 1974 | 0.0% | +433.7% |
| 1975 | 0.0% | -6.1% |
| 1976 | 0.0% | +16.0% |
| 1977 | 0.0% | -11.3% |
| 1978 | 0.0% | -4.8% |
| 1979 | 0.1% | +126.5% |
| 1980 | 0.1% | +39.7% |
| 1981 | 0.1% | -9.5% |
| 1982 | 0.0% | -48.6% |
| 1983 | 0.1% | +71.2% |
| 1984 | 0.1% | -3.2% |
| 1985 | 0.1% | +7.4% |
| 1986 | 0.0% | -73.5% |
| 1987 | 0.0% | +116.4% |
| 1988 | 0.0% | -16.6% |
| 1989 | 0.0% | +47.8% |
| 1990 | 0.0% | +6.9% |
| 1991 | 0.0% | -57.1% |
| 1992 | 0.0% | +3.0% |
| 1993 | 0.0% | +24.0% |
| 1994 | 0.0% | -9.7% |
| 1995 | 0.0% | +10.7% |
| 1996 | 0.0% | +34.8% |
| 1997 | 0.0% | -9.7% |
| 1998 | 0.0% | -71.0% |
| 1999 | 0.0% | +177.0% |
| 2000 | 0.0% | +106.1% |
| 2001 | 0.0% | -34.3% |
| 2002 | 0.0% | +26.3% |
| 2003 | 0.0% | -1.7% |
| 2004 | 0.0% | +15.7% |
| 2005 | 0.1% | +61.2% |
| 2006 | 0.1% | +4.0% |
| 2007 | 0.1% | -0.9% |
| 2008 | 0.1% | +21.4% |
| 2009 | 0.0% | -48.7% |
| 2010 | 0.1% | +31.7% |
| 2011 | 0.1% | +59.7% |
| 2012 | 0.1% | +7.2% |
| 2013 | 0.1% | -7.8% |
| 2014 | 0.1% | -3.0% |
| 2015 | 0.0% | -52.3% |
| 2016 | 0.0% | -48.3% |
| 2017 | 0.0% | +61.9% |
| 2018 | 0.1% | +70.7% |
| 2019 | 0.1% | -15.5% |
| 2020 | 0.0% | -28.6% |
| 2021 | 0.1% | +93.2% |
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 | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 10 |
| 2020s | 0.1% | 0.0% | 0.1% | 2 |
Countries ranked near Italy
- 78 Madagascar 0.1% compare
- 79 Kyrgyzstan 0.1% compare
- 80 Mozambique 0.1% compare
- 82 Paraguay 0.1% compare
- 83 Latvia 0.1% compare
- 84 Myanmar 0.1% compare
More energy & mining data for Italy
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.7233 % 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 (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 (2025)
- Fuel imports 12.7% (2024)
Frequently asked questions
- What is oil rents in Italy?
- Oil rents in Italy was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Italy?
- The highest recorded value was 0.1% in 2012.
- What is the lowest oil rents recorded in Italy?
- The lowest recorded value was 0.0% in 1970.
- How does Italy rank for oil rents?
- Italy ranks 81st out of 201 countries with data for 2021.
- Is oil rents rising or falling in Italy?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is volatile.
- Where does this Italy 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.