Oil rents in Timor-Leste
Timor-Leste: Oil rents was 5.3% in 2021. ◆ Volatile
Latest (2021)
5.3%
Change on year
up 89.7%
World rank
28th
of 201 countries
All-time high
24.3%
in 2015
All-time low
0.0%
in 2003
Years of data
8
2003–2021
Oil rents in Timor-Leste, 2003–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Timor-Leste stood at 5.3%.
The figure is up 89.7% on the previous year and down 78.2% over ten years.
Over the whole period, oil rents in Timor-Leste peaked at 24.3% in 2015 and was at its lowest, 0.0%, in 2003.
That places Timor-Leste 28th out of 201 countries with data for 2021, putting it in the top quarter.
Oil rents in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 0.0% | — |
| 2015 | 24.3% | — |
| 2016 | 12.6% | -48.3% |
| 2017 | 13.2% | +5.3% |
| 2018 | 14.5% | +9.7% |
| 2019 | 12.6% | -13.1% |
| 2020 | 2.8% | -77.8% |
| 2021 | 5.3% | +89.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 1 |
| 2010s | 15.4% | 12.6% | 24.3% | 5 |
| 2020s | 4.0% | 2.8% | 5.3% | 2 |
Countries ranked near Timor-Leste
More energy & mining data for Timor-Leste
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.4 % 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 (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 21.2% (2023)
Frequently asked questions
- What is oil rents in Timor-Leste?
- Oil rents in Timor-Leste was 5.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Timor-Leste?
- The highest recorded value was 24.3% in 2015.
- What is the lowest oil rents recorded in Timor-Leste?
- The lowest recorded value was 0.0% in 2003.
- How does Timor-Leste rank for oil rents?
- Timor-Leste ranks 28th out of 201 countries with data for 2021.
- Is oil rents rising or falling in Timor-Leste?
- Over the last ten years it is down 78.2%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste 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 — 8 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.