Oil rents in Thailand
Thailand: Oil rents was 0.5% in 2021. ◆ Volatile
Oil rents in Thailand, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Thailand stood at 0.5%.
The figure is up 176.9% on the previous year and down 72.8% over ten years.
Over the whole period, oil rents in Thailand peaked at 1.9% in 2008 and was at its lowest, 0.0%, in 1971.
That places Thailand 56th 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 Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | +38.3% |
| 1973 | 0.0% | +138.6% |
| 1974 | 0.0% | +462.0% |
| 1975 | 0.0% | -0.9% |
| 1976 | 0.0% | +27.8% |
| 1977 | 0.0% | +43.4% |
| 1978 | 0.0% | -25.4% |
| 1979 | 0.0% | +133.4% |
| 1980 | 0.0% | +12.2% |
| 1981 | 0.0% | -10.7% |
| 1982 | 0.0% | -35.2% |
| 1983 | 0.1% | +2062.3% |
| 1984 | 0.3% | +110.6% |
| 1985 | 0.4% | +56.1% |
| 1986 | 0.2% | -58.3% |
| 1987 | 0.2% | +7.4% |
| 1988 | 0.1% | -30.3% |
| 1989 | 0.3% | +146.0% |
| 1990 | 0.4% | +27.7% |
| 1991 | 0.2% | -47.6% |
| 1992 | 0.2% | +8.6% |
| 1993 | 0.2% | -13.9% |
| 1994 | 0.2% | -20.3% |
| 1995 | 0.1% | -11.5% |
| 1996 | 0.2% | +34.5% |
| 1997 | 0.2% | +23.0% |
| 1998 | 0.1% | -34.2% |
| 1999 | 0.3% | +76.4% |
| 2000 | 0.7% | +164.9% |
| 2001 | 0.5% | -23.7% |
| 2002 | 0.5% | +0.4% |
| 2003 | 0.7% | +24.5% |
| 2004 | 0.8% | +24.8% |
| 2005 | 1.4% | +66.1% |
| 2006 | 1.5% | +13.1% |
| 2007 | 1.4% | -11.1% |
| 2008 | 1.9% | +39.6% |
| 2009 | 1.0% | -47.2% |
| 2010 | 1.3% | +32.4% |
| 2011 | 1.8% | +32.9% |
| 2012 | 1.6% | -7.4% |
| 2013 | 1.4% | -12.6% |
| 2014 | 1.3% | -12.4% |
| 2015 | 0.5% | -57.5% |
| 2016 | 0.4% | -19.6% |
| 2017 | 0.5% | +23.0% |
| 2018 | 0.7% | +29.0% |
| 2019 | 0.5% | -32.4% |
| 2020 | 0.2% | -62.2% |
| 2021 | 0.5% | +176.9% |
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 | 0.2% | 0.1% | 0.4% | 10 |
| 2000s | 1.0% | 0.5% | 1.9% | 10 |
| 2010s | 1.0% | 0.4% | 1.8% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 2 |
Countries ranked near Thailand
- 53 Congo, Democratic Republic of the 0.6% compare
- 54 Niger 0.6% compare
- 55 United States of America 0.6% compare
- 57 Serbia 0.4% compare
- 58 United Kingdom of Great Britain and Northern Ireland 0.4% compare
- 59 South Africa 0.4% compare
More energy & mining data for Thailand
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -3.18 % 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 16.9% (2024)
Frequently asked questions
- What is oil rents in Thailand?
- Oil rents in Thailand was 0.5% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Thailand?
- The highest recorded value was 1.9% in 2008.
- What is the lowest oil rents recorded in Thailand?
- The lowest recorded value was 0.0% in 1971.
- How does Thailand rank for oil rents?
- Thailand ranks 56th out of 201 countries with data for 2021.
- Is oil rents rising or falling in Thailand?
- Over the last ten years it is down 72.8%. The long-run trend across the full record is volatile.
- Where does this Thailand 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 — 51 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.