Oil rents in Post-demographic dividend
Post-demographic dividend: Oil rents was 0.5% in 2021. ◆ Volatile
Oil rents in Post-demographic dividend, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in Post-demographic dividend is 0.5%, measured in 2021.
That represents a change of up 195.9% on the previous year and up 19.9% over ten years.
Over the whole period, oil rents in Post-demographic dividend peaked at 1.5% in 1980 and was at its lowest, 0.1%, in 1998.
That places Post-demographic dividend 38th out of 47 groups with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Post-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 0.2% | +9.6% |
| 1972 | 0.2% | +5.9% |
| 1973 | 0.2% | -5.3% |
| 1974 | 0.8% | +337.0% |
| 1975 | 0.7% | -7.8% |
| 1976 | 0.7% | +3.1% |
| 1977 | 0.7% | +2.4% |
| 1978 | 0.7% | -10.4% |
| 1979 | 1.3% | +88.4% |
| 1980 | 1.5% | +17.7% |
| 1981 | 1.1% | -23.9% |
| 1982 | 0.7% | -35.1% |
| 1983 | 0.9% | +27.8% |
| 1984 | 0.9% | -6.5% |
| 1985 | 0.9% | -1.8% |
| 1986 | 0.3% | -65.4% |
| 1987 | 0.4% | +34.3% |
| 1988 | 0.2% | -37.6% |
| 1989 | 0.3% | +33.8% |
| 1990 | 0.4% | +25.0% |
| 1991 | 0.3% | -39.2% |
| 1992 | 0.2% | -3.9% |
| 1993 | 0.2% | -11.4% |
| 1994 | 0.2% | -11.5% |
| 1995 | 0.2% | -0.1% |
| 1996 | 0.3% | +32.2% |
| 1997 | 0.2% | -29.1% |
| 1998 | 0.1% | -63.8% |
| 1999 | 0.2% | +141.1% |
| 2000 | 0.3% | +108.7% |
| 2001 | 0.2% | -34.9% |
| 2002 | 0.2% | +1.8% |
| 2003 | 0.2% | +7.8% |
| 2004 | 0.3% | +23.1% |
| 2005 | 0.4% | +27.7% |
| 2006 | 0.4% | +2.0% |
| 2007 | 0.4% | -1.4% |
| 2008 | 0.5% | +36.9% |
| 2009 | 0.3% | -47.7% |
| 2010 | 0.3% | +11.1% |
| 2011 | 0.4% | +31.1% |
| 2012 | 0.3% | -28.0% |
| 2013 | 0.3% | +10.3% |
| 2014 | 0.3% | -6.7% |
| 2015 | 0.1% | -77.0% |
| 2016 | 0.1% | +52.0% |
| 2017 | 0.2% | +60.3% |
| 2018 | 0.3% | +73.5% |
| 2019 | 0.3% | +5.3% |
| 2020 | 0.2% | -46.6% |
| 2021 | 0.5% | +195.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.2% | 1.3% | 10 |
| 1980s | 0.7% | 0.2% | 1.5% | 10 |
| 1990s | 0.2% | 0.1% | 0.4% | 10 |
| 2000s | 0.3% | 0.2% | 0.5% | 10 |
| 2010s | 0.2% | 0.1% | 0.4% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 2 |
Countries ranked near Post-demographic dividend
More energy & mining data for Post-demographic dividend
- Fuel imports 11.2% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 3.7% (2024)
- Fuel exports 9.5% (2024)
- Electric power transmission and distribution losses 5.4% (2024)
- Mineral rents 0.4% (2021)
- Natural gas rents 0.3% (2021)
- Total natural resources rents 1.3% (2021)
- Alternative and nuclear energy 17.4% (2024)
- Electric power consumption 9,161 kWh per capita (2024)
Frequently asked questions
- What is oil rents in Post-demographic dividend?
- Oil rents in Post-demographic dividend was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Post-demographic dividend?
- The highest recorded value was 1.5% in 1980.
- What is the lowest oil rents recorded in Post-demographic dividend?
- The lowest recorded value was 0.1% in 1998.
- How does Post-demographic dividend rank for oil rents?
- Post-demographic dividend ranks 38th out of 47 groups with data for 2021.
- Is oil rents rising or falling in Post-demographic dividend?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is volatile.
- Where does this Post-demographic dividend 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.