Oil rents in Nicaragua
Nicaragua: Oil rents was 0.0% in 2021. ◆ Volatile
Oil rents in Nicaragua, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Nicaragua recorded 0.0% for oil rents in 2021.
The figure is up 143.8% on the previous year and down 60.4% over ten years.
Over the whole period, oil rents in Nicaragua peaked at 0.2% in 2008 and was at its lowest, 0.0%, in 1971.
That places Nicaragua 98th 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 Nicaragua, 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% | — |
| 1978 | 0.0% | — |
| 1979 | 0.0% | — |
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.0% | — |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.2% | — |
| 2009 | 0.1% | -43.5% |
| 2010 | 0.0% | -81.5% |
| 2011 | 0.1% | +105.7% |
| 2012 | 0.0% | -10.8% |
| 2013 | 0.0% | -12.6% |
| 2014 | 0.0% | -15.8% |
| 2015 | 0.0% | -100.0% |
| 2016 | 0.0% | — |
| 2017 | 0.0% | +67.0% |
| 2018 | 0.0% | +67.9% |
| 2019 | 0.0% | -17.2% |
| 2020 | 0.0% | -52.8% |
| 2021 | 0.0% | +143.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 9 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 0.0% | 0.0% | 0.2% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Nicaragua
- 95 Republic of Korea 0.0% compare
- 96 Sweden 0.0% compare
- 97 Netherlands 0.0% compare
- 99 Bulgaria 0.0% compare
- 100 Afghanistan 0.0% compare
- 101 Lithuania 0.0% compare
More energy & mining data for Nicaragua
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.3302 % 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 12.8% (2024)
Frequently asked questions
- What is oil rents in Nicaragua?
- Oil rents in Nicaragua was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Nicaragua?
- The highest recorded value was 0.2% in 2008.
- What is the lowest oil rents recorded in Nicaragua?
- The lowest recorded value was 0.0% in 1971.
- How does Nicaragua rank for oil rents?
- Nicaragua ranks 98th out of 201 countries with data for 2021.
- Is oil rents rising or falling in Nicaragua?
- Over the last ten years it is down 60.4%. The long-run trend across the full record is volatile.
- Where does this Nicaragua 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.