Oil rents in South Africa
South Africa: Oil rents was 0.4% in 2021. ◆ Volatile
Oil rents in South Africa, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in South Africa is 0.4%, measured in 2021.
Compared with earlier readings it is up 85.9% on the previous year and down 58.9% over ten years.
Over the whole period, oil rents in South Africa peaked at 1.4% in 2008 and was at its lowest, 0.0%, in 1971.
That places South Africa 59th 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 South Africa, 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% | +111.9% |
| 1983 | 0.2% | +410.9% |
| 1984 | 0.3% | +32.2% |
| 1985 | 0.4% | +56.2% |
| 1986 | 0.1% | -69.8% |
| 1987 | 0.2% | +77.3% |
| 1988 | 0.2% | -29.6% |
| 1989 | 0.3% | +97.6% |
| 1990 | 0.4% | +15.5% |
| 1991 | 0.2% | -49.5% |
| 1992 | 0.4% | +92.5% |
| 1993 | 0.5% | +36.7% |
| 1994 | 0.4% | -20.5% |
| 1995 | 0.4% | +5.6% |
| 1996 | 0.5% | +25.6% |
| 1997 | 0.5% | -10.2% |
| 1998 | 0.2% | -46.3% |
| 1999 | 0.4% | +52.5% |
| 2000 | 0.9% | +130.5% |
| 2001 | 0.7% | -14.9% |
| 2002 | 0.8% | +11.7% |
| 2003 | 0.5% | -35.6% |
| 2004 | 0.7% | +24.6% |
| 2005 | 0.9% | +30.1% |
| 2006 | 0.9% | +6.1% |
| 2007 | 1.0% | +3.5% |
| 2008 | 1.4% | +44.6% |
| 2009 | 0.6% | -57.0% |
| 2010 | 0.7% | +19.3% |
| 2011 | 1.0% | +36.2% |
| 2012 | 1.0% | +1.7% |
| 2013 | 0.9% | -3.2% |
| 2014 | 0.7% | -27.0% |
| 2015 | 0.2% | -72.0% |
| 2016 | 0.2% | -6.3% |
| 2017 | 0.3% | +60.0% |
| 2018 | 0.4% | +39.7% |
| 2019 | 0.4% | -8.4% |
| 2020 | 0.2% | -42.9% |
| 2021 | 0.4% | +85.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 9 |
| 1980s | 0.2% | 0.0% | 0.4% | 10 |
| 1990s | 0.4% | 0.2% | 0.5% | 10 |
| 2000s | 0.8% | 0.5% | 1.4% | 10 |
| 2010s | 0.6% | 0.2% | 1.0% | 10 |
| 2020s | 0.3% | 0.2% | 0.4% | 2 |
Countries ranked near South Africa
More energy & mining data for South Africa
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.3095 % 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 (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 (2025)
- Fuel imports 17.7% (2025)
Frequently asked questions
- What is oil rents in South Africa?
- Oil rents in South Africa was 0.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in South Africa?
- The highest recorded value was 1.4% in 2008.
- What is the lowest oil rents recorded in South Africa?
- The lowest recorded value was 0.0% in 1971.
- How does South Africa rank for oil rents?
- South Africa ranks 59th out of 201 countries with data for 2021.
- Is oil rents rising or falling in South Africa?
- Over the last ten years it is down 58.9%. The long-run trend across the full record is volatile.
- Where does this South Africa 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.