Oil rents in Spain

Spain: Oil rents was 0.0% in 2021. ◆ Volatile

Latest (2021)
0.0%
Change on year
down 48.8%
World rank
119th
of 200 countries
All-time high
0.2%
in 1983
All-time low
0.0%
in 2021
Years of data
52
1970–2021

Oil rents in Spain, 1970–2021

00.050.10.150.2197019952021

Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.

Analysis

In 2021, oil rents in Spain stood at 0.0%. That is the lowest value across all 52 years on record.

Compared with earlier readings it is down 48.8% on the previous year and down 94.7% over ten years.

Over the whole period, oil rents in Spain peaked at 0.2% in 1983 and was at its lowest, 0.0%, in 2021.

Spain ranks 119th of 200 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 Spain, year by year

Annual values for Oil rents (% of GDP) in Spain, 1970 to 2021.
Year % of GDP Change
1970 0.0%
1971 0.0% +143.1%
1972 0.0% +29.4%
1973 0.0% +658.4%
1974 0.1% +1167.4%
1975 0.1% -19.6%
1976 0.1% -7.7%
1977 0.0% -47.5%
1978 0.0% -16.4%
1979 0.1% +116.8%
1980 0.1% +60.0%
1981 0.1% -29.2%
1982 0.1% -18.9%
1983 0.2% +189.6%
1984 0.1% -23.0%
1985 0.1% -9.0%
1986 0.0% -75.6%
1987 0.0% +15.2%
1988 0.0% -41.5%
1989 0.0% +1.4%
1990 0.0% -18.4%
1991 0.0% -39.5%
1992 0.0% -0.3%
1993 0.0% -5.7%
1994 0.0% -18.5%
1995 0.0% -22.2%
1996 0.0% +5.5%
1997 0.0% -37.3%
1998 0.0% -58.3%
1999 0.0% +64.9%
2000 0.0% +76.6%
2001 0.0% +26.9%
2002 0.0% -27.9%
2003 0.0% -9.4%
2004 0.0% -8.6%
2005 0.0% -10.7%
2006 0.0% -11.0%
2007 0.0% -2.4%
2008 0.0% +18.5%
2009 0.0% -50.8%
2010 0.0% +33.6%
2011 0.0% +29.9%
2012 0.0% +53.6%
2013 0.0% +133.8%
2014 0.0% -23.6%
2015 0.0% -62.9%
2016 0.0% -54.6%
2017 0.0% +23.4%
2018 0.0% +7.6%
2019 0.0% -57.8%
2020 0.0% -60.3%
2021 0.0% -48.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0% 0.0% 0.1% 10
1980s 0.1% 0.0% 0.2% 10
1990s 0.0% 0.0% 0.0% 10
2000s 0.0% 0.0% 0.0% 10
2010s 0.0% 0.0% 0.0% 10
2020s 0.0% 0.0% 0.0% 2

Countries ranked near Spain

  1. 116 Morocco 0.0% compare
  2. 117 Switzerland 0.0% compare
  3. 118 Hong Kong 0.0% compare
  4. 120 El Salvador 0.0% compare
  5. 121 Slovenia 0.0% compare
  6. 122 American Samoa 0.0%
  7. 122 Antigua and Barbuda 0.0%
  8. 122 Armenia 0.0%
  9. 122 Aruba 0.0% compare
  10. 122 Bahamas 0.0%
  11. 122 Benin 0.0% compare
  12. 122 Bermuda 0.0%
  13. 122 Bhutan 0.0%
  14. 122 Bosnia and Herzegovina 0.0%
  15. 122 Botswana 0.0%
  16. 122 Burkina Faso 0.0%
  17. 122 Burundi 0.0%
  18. 122 Cape Verde 0.0%
  19. 122 Cayman Islands 0.0%
  20. 122 Central African Republic 0.0%
  21. 122 Comoros 0.0%
  22. 122 Cyprus 0.0% compare
  23. 122 Djibouti 0.0%
  24. 122 Dominica 0.0%
  25. 122 Dominican Republic 0.0%
  26. 122 Eritrea 0.0%
  27. 122 Eswatini 0.0% compare
  28. 122 Ethiopia 0.0% compare
  29. 122 Faroe Islands 0.0%
  30. 122 Fiji 0.0%
  31. 122 French Polynesia 0.0%
  32. 122 Gambia 0.0%
  33. 122 Greenland 0.0%
  34. 122 Grenada 0.0%
  35. 122 Guam 0.0%
  36. 122 Guinea 0.0%
  37. 122 Guinea-Bissau 0.0%
  38. 122 Haiti 0.0%
  39. 122 Iceland 0.0%
  40. 122 Kenya 0.0% compare
  41. 122 Kiribati 0.0%
  42. 122 Kosovo 0.0%
  43. 122 Lao People's Democratic Republic 0.0%
  44. 122 Lebanon 0.0%
  45. 122 Lesotho 0.0%
  46. 122 Liberia 0.0%
  47. 122 Luxembourg 0.0%
  48. 122 Macao 0.0%
  49. 122 Malawi 0.0% compare
  50. 122 Maldives 0.0%
  51. 122 Mali 0.0%
  52. 122 Malta 0.0% compare
  53. 122 Mauritania 0.0% compare
  54. 122 Mauritius 0.0% compare
  55. 122 Montenegro 0.0%
  56. 122 Namibia 0.0%
  57. 122 Naoero 0.0%
  58. 122 Nepal 0.0%
  59. 122 New Caledonia 0.0%
  60. 122 North Macedonia 0.0% compare
  61. 122 Panama 0.0% compare
  62. 122 Puerto Rico 0.0%
  63. 122 Rwanda 0.0% compare
  64. 122 Samoa 0.0%
  65. 122 Sao Tome and Principe 0.0%
  66. 122 Senegal 0.0% compare
  67. 122 Seychelles 0.0%
  68. 122 Sierra Leone 0.0%
  69. 122 Singapore 0.0% compare
  70. 122 Solomon Islands 0.0%
  71. 122 Somalia 0.0%
  72. 122 Sri Lanka 0.0%
  73. 122 Saint Kitts and Nevis 0.0%
  74. 122 Saint Lucia 0.0%
  75. 122 Saint Vincent and the Grenadines 0.0%
  76. 122 Tanzania, United Republic of 0.0% compare
  77. 122 Togo 0.0%
  78. 122 Tonga 0.0%
  79. 122 Turks and Caicos Islands 0.0%
  80. 122 Uganda 0.0%
  81. 122 Vanuatu 0.0%
  82. 122 United States Virgin Islands 0.0%
  83. 122 Palestine, State of 0.0%
  84. 122 Zambia 0.0%

See the full ranking of 247 places →

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Frequently asked questions

What is oil rents in Spain?
Oil rents in Spain was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
What is the highest oil rents recorded in Spain?
The highest recorded value was 0.2% in 1983.
What is the lowest oil rents recorded in Spain?
The lowest recorded value was 0.0% in 2021.
How does Spain rank for oil rents?
Spain ranks 119th out of 200 countries with data for 2021.
Is oil rents rising or falling in Spain?
Over the last ten years it is down 94.7%. The long-run trend across the full record is volatile.
Where does this Spain 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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Oil rents in Spain. Statizoid, drawing on The Changing Wealth of Nations, World Bank (WB). Retrieved 30 August 2026, from https://energy.statizoid.com/stat/oil-rents-percent-of-gdp/spain/

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About this data

Indicator
Oil rents (% of GDP)
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 10,767 data points, 1970–2021
Last refreshed

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.