Oil rents in Myanmar
Myanmar: Oil rents was 0.1% in 2021. ◆ Volatile
Oil rents in Myanmar, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Myanmar recorded 0.1% for oil rents in 2021.
Compared with earlier readings it is up 142.5% on the previous year and down 93.8% over ten years.
Over the whole period, oil rents in Myanmar peaked at 32.8% in 1980 and was at its lowest, 0.0%, in 2020.
Myanmar ranks 84th 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 Myanmar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +25.5% |
| 1972 | 0.4% | +212.7% |
| 1973 | 1.4% | +217.5% |
| 1974 | 7.0% | +396.8% |
| 1975 | 7.0% | +0.3% |
| 1976 | 7.8% | +12.2% |
| 1977 | 10.5% | +34.3% |
| 1978 | 11.8% | +12.6% |
| 1979 | 31.9% | +169.9% |
| 1980 | 32.8% | +2.8% |
| 1981 | 23.0% | -30.0% |
| 1982 | 14.0% | -39.3% |
| 1983 | 14.9% | +6.7% |
| 1984 | 16.6% | +11.7% |
| 1985 | 15.8% | -4.9% |
| 1986 | 5.1% | -68.1% |
| 1987 | 6.7% | +32.9% |
| 1988 | 3.9% | -42.0% |
| 1989 | 4.3% | +9.2% |
| 1990 | 4.9% | +14.4% |
| 1991 | 2.9% | -40.9% |
| 1992 | 2.9% | +0.4% |
| 1993 | 2.1% | -27.5% |
| 1994 | 1.3% | -37.4% |
| 1995 | 0.8% | -40.5% |
| 1996 | 0.7% | -8.3% |
| 1997 | 0.7% | -3.7% |
| 1998 | 0.5% | -29.8% |
| 1999 | 0.6% | +28.6% |
| 2000 | 1.3% | +113.6% |
| 2001 | 1.0% | -26.3% |
| 2002 | 1.3% | +37.9% |
| 2003 | 1.4% | +1.4% |
| 2004 | 1.7% | +27.6% |
| 2005 | 2.9% | +67.0% |
| 2006 | 3.2% | +9.7% |
| 2007 | 2.3% | -27.8% |
| 2008 | 2.2% | -6.8% |
| 2009 | 0.7% | -66.7% |
| 2010 | 1.0% | +36.3% |
| 2011 | 1.0% | +3.1% |
| 2012 | 0.8% | -23.3% |
| 2013 | 0.7% | -14.3% |
| 2014 | 0.5% | -20.0% |
| 2015 | 0.1% | -72.3% |
| 2016 | 0.1% | -29.4% |
| 2017 | 0.2% | +47.2% |
| 2018 | 0.2% | +2.9% |
| 2019 | 0.1% | -35.3% |
| 2020 | 0.0% | -74.5% |
| 2021 | 0.1% | +142.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.8% | 0.1% | 31.9% | 10 |
| 1980s | 13.7% | 3.9% | 32.8% | 10 |
| 1990s | 1.7% | 0.5% | 4.9% | 10 |
| 2000s | 1.8% | 0.7% | 3.2% | 10 |
| 2010s | 0.5% | 0.1% | 1.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.1% | 2 |
Countries ranked near Myanmar
More energy & mining data for Myanmar
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 8.7 % 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 36.2% (2024)
Frequently asked questions
- What is oil rents in Myanmar?
- Oil rents in Myanmar was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Myanmar?
- The highest recorded value was 32.8% in 1980.
- What is the lowest oil rents recorded in Myanmar?
- The lowest recorded value was 0.0% in 2020.
- How does Myanmar rank for oil rents?
- Myanmar ranks 84th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Myanmar?
- Over the last ten years it is down 93.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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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About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.