Oil rents in South Asia
South Asia: Oil rents was 0.3% in 2021. ◆ Volatile
Oil rents in South Asia, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in South Asia is 0.3%, measured in 2021.
That represents a change of up 127.3% on the previous year and down 76.8% over ten years.
Over the whole period, oil rents in South Asia peaked at 1.8% in 1985 and was at its lowest, 0.1%, in 1970.
That places South Asia 41st 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 South Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | +23.0% |
| 1972 | 0.1% | -6.9% |
| 1973 | 0.1% | -1.4% |
| 1974 | 0.4% | +435.2% |
| 1975 | 0.4% | +17.5% |
| 1976 | 0.5% | +25.1% |
| 1977 | 0.6% | +12.8% |
| 1978 | 0.6% | -0.8% |
| 1979 | 1.4% | +130.5% |
| 1980 | 0.9% | -36.8% |
| 1981 | 1.4% | +61.5% |
| 1982 | 1.2% | -14.3% |
| 1983 | 1.5% | +27.8% |
| 1984 | 1.5% | -0.9% |
| 1985 | 1.8% | +16.7% |
| 1986 | 0.8% | -54.8% |
| 1987 | 1.0% | +20.3% |
| 1988 | 0.7% | -25.2% |
| 1989 | 1.2% | +61.8% |
| 1990 | 1.5% | +29.8% |
| 1991 | 1.0% | -32.7% |
| 1992 | 0.8% | -18.8% |
| 1993 | 0.7% | -11.6% |
| 1994 | 0.7% | -5.8% |
| 1995 | 0.8% | +8.3% |
| 1996 | 0.8% | +9.9% |
| 1997 | 0.7% | -11.3% |
| 1998 | 0.4% | -49.7% |
| 1999 | 0.6% | +66.5% |
| 2000 | 1.0% | +68.7% |
| 2001 | 0.8% | -26.9% |
| 2002 | 0.8% | +4.1% |
| 2003 | 0.8% | -3.6% |
| 2004 | 0.9% | +24.2% |
| 2005 | 1.1% | +22.0% |
| 2006 | 1.2% | +4.2% |
| 2007 | 1.1% | -12.0% |
| 2008 | 1.4% | +35.2% |
| 2009 | 0.6% | -59.6% |
| 2010 | 0.7% | +28.1% |
| 2011 | 1.2% | +64.1% |
| 2012 | 1.2% | -2.8% |
| 2013 | 1.1% | -10.0% |
| 2014 | 0.8% | -21.0% |
| 2015 | 0.3% | -62.0% |
| 2016 | 0.2% | -39.6% |
| 2017 | 0.3% | +43.1% |
| 2018 | 0.4% | +41.5% |
| 2019 | 0.3% | -31.8% |
| 2020 | 0.1% | -53.3% |
| 2021 | 0.3% | +127.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.1% | 1.4% | 10 |
| 1980s | 1.2% | 0.7% | 1.8% | 10 |
| 1990s | 0.8% | 0.4% | 1.5% | 10 |
| 2000s | 1.0% | 0.6% | 1.4% | 10 |
| 2010s | 0.6% | 0.2% | 1.2% | 10 |
| 2020s | 0.2% | 0.1% | 0.3% | 2 |
Countries ranked near South Asia
More energy & mining data for South Asia
- Fuel imports 31.0% (2024)
- Ores and metals imports 6.6% (2024)
- Ores and metals exports 3.6% (2024)
- Fuel exports 16.6% (2024)
- Electric power transmission and distribution losses 13.8% (2023)
- Mineral rents 1.1% (2021)
- Natural gas rents 0.1% (2021)
- Total natural resources rents 2.8% (2021)
- Alternative and nuclear energy 4.0% (2023)
- Electric power consumption 1,100 kWh per capita (2023)
Frequently asked questions
- What is oil rents in South Asia?
- Oil rents in South Asia was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in South Asia?
- The highest recorded value was 1.8% in 1985.
- What is the lowest oil rents recorded in South Asia?
- The lowest recorded value was 0.1% in 1970.
- How does South Asia rank for oil rents?
- South Asia ranks 41st out of 47 groups with data for 2021.
- Is oil rents rising or falling in South Asia?
- Over the last ten years it is down 76.8%. The long-run trend across the full record is volatile.
- Where does this South Asia 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 — 52 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.