Oil rents in Serbia
Serbia: Oil rents was 0.4% in 2021. ◆ Volatile
Oil rents in Serbia, 1995–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Serbia stood at 0.4%.
The figure is up 98.4% on the previous year and down 52.3% over ten years.
Over the whole period, oil rents in Serbia peaked at 1.8% in 2000 and was at its lowest, 0.1%, in 1998.
Serbia ranks 57th of 201 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 Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 0.4% | — |
| 1996 | 0.4% | +4.0% |
| 1997 | 0.2% | -36.3% |
| 1998 | 0.1% | -61.7% |
| 1999 | 0.3% | +215.2% |
| 2000 | 1.8% | +523.7% |
| 2001 | 0.6% | -64.3% |
| 2002 | 0.4% | -39.6% |
| 2003 | 0.3% | -13.5% |
| 2004 | 0.4% | +14.6% |
| 2005 | 0.5% | +35.7% |
| 2006 | 0.5% | -1.7% |
| 2007 | 0.4% | -17.8% |
| 2008 | 0.5% | +21.9% |
| 2009 | 0.3% | -34.6% |
| 2010 | 0.5% | +58.7% |
| 2011 | 0.9% | +67.5% |
| 2012 | 1.1% | +22.5% |
| 2013 | 0.9% | -13.8% |
| 2014 | 0.9% | -8.2% |
| 2015 | 0.4% | -53.4% |
| 2016 | 0.3% | -31.3% |
| 2017 | 0.4% | +31.5% |
| 2018 | 0.5% | +38.0% |
| 2019 | 0.4% | -15.1% |
| 2020 | 0.2% | -49.8% |
| 2021 | 0.4% | +98.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.1% | 0.4% | 5 |
| 2000s | 0.6% | 0.3% | 1.8% | 10 |
| 2010s | 0.6% | 0.3% | 1.1% | 10 |
| 2020s | 0.3% | 0.2% | 0.4% | 2 |
Countries ranked near Serbia
- 54 Niger 0.6% compare
- 55 United States of America 0.6% compare
- 56 Thailand 0.5% compare
- 58 United Kingdom of Great Britain and Northern Ireland 0.4% compare
- 59 South Africa 0.4% compare
- 60 Pakistan 0.4% compare
More energy & mining data for Serbia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -3.46 % 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 (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 (2024)
- Fuel imports 17.2% (2007)
Frequently asked questions
- What is oil rents in Serbia?
- Oil rents in Serbia was 0.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Serbia?
- The highest recorded value was 1.8% in 2000.
- What is the lowest oil rents recorded in Serbia?
- The lowest recorded value was 0.1% in 1998.
- How does Serbia rank for oil rents?
- Serbia ranks 57th out of 201 countries with data for 2021.
- Is oil rents rising or falling in Serbia?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is volatile.
- Where does this Serbia 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 — 27 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.