Oil rents in United States of America
United States of America: Oil rents was 0.6% in 2021. ◆ Volatile
Oil rents in United States of America, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in United States of America stood at 0.6%.
The figure is up 225.9% on the previous year and up 64.9% over ten years.
Over the whole period, oil rents in United States of America peaked at 3.1% in 1980 and was at its lowest, 0.0%, in 2015.
United States of America ranks 55th of 201 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 United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.3% | +19.2% |
| 1972 | 0.4% | +8.9% |
| 1973 | 0.3% | -3.8% |
| 1974 | 1.6% | +348.9% |
| 1975 | 1.5% | -6.5% |
| 1976 | 1.5% | -0.6% |
| 1977 | 1.5% | +1.5% |
| 1978 | 1.4% | -4.6% |
| 1979 | 2.5% | +77.9% |
| 1980 | 3.1% | +25.1% |
| 1981 | 2.1% | -32.7% |
| 1982 | 1.3% | -39.0% |
| 1983 | 1.5% | +19.5% |
| 1984 | 1.3% | -17.0% |
| 1985 | 1.2% | -5.6% |
| 1986 | 0.5% | -59.8% |
| 1987 | 0.7% | +42.2% |
| 1988 | 0.4% | -37.5% |
| 1989 | 0.5% | +25.1% |
| 1990 | 0.7% | +30.3% |
| 1991 | 0.5% | -32.1% |
| 1992 | 0.4% | -7.4% |
| 1993 | 0.3% | -21.2% |
| 1994 | 0.3% | -16.1% |
| 1995 | 0.3% | +1.2% |
| 1996 | 0.4% | +18.9% |
| 1997 | 0.2% | -42.0% |
| 1998 | 0.1% | -62.9% |
| 1999 | 0.2% | +117.4% |
| 2000 | 0.3% | +87.2% |
| 2001 | 0.2% | -44.9% |
| 2002 | 0.2% | +2.0% |
| 2003 | 0.2% | +22.6% |
| 2004 | 0.3% | +33.7% |
| 2005 | 0.4% | +23.9% |
| 2006 | 0.3% | -0.4% |
| 2007 | 0.4% | +2.1% |
| 2008 | 0.5% | +46.1% |
| 2009 | 0.3% | -50.2% |
| 2010 | 0.3% | +13.1% |
| 2011 | 0.4% | +26.2% |
| 2012 | 0.2% | -44.5% |
| 2013 | 0.3% | +48.4% |
| 2014 | 0.3% | -4.4% |
| 2015 | 0.0% | -97.4% |
| 2016 | 0.1% | +1126.5% |
| 2017 | 0.2% | +76.1% |
| 2018 | 0.3% | +96.4% |
| 2019 | 0.4% | +15.4% |
| 2020 | 0.2% | -49.1% |
| 2021 | 0.6% | +225.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1% | 0.3% | 2.5% | 10 |
| 1980s | 1.3% | 0.4% | 3.1% | 10 |
| 1990s | 0.3% | 0.1% | 0.7% | 10 |
| 2000s | 0.3% | 0.2% | 0.5% | 10 |
| 2010s | 0.2% | 0.0% | 0.4% | 10 |
| 2020s | 0.4% | 0.2% | 0.6% | 2 |
Countries ranked near United States of America
More energy & mining data for United States of America
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 1.94 % 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 0.0001 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 7.5% (2024)
Frequently asked questions
- What is oil rents in United States of America?
- Oil rents in United States of America was 0.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in United States of America?
- The highest recorded value was 3.1% in 1980.
- What is the lowest oil rents recorded in United States of America?
- The lowest recorded value was 0.0% in 2015.
- How does United States of America rank for oil rents?
- United States of America ranks 55th out of 201 countries with data for 2021.
- Is oil rents rising or falling in United States of America?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this United States of America 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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About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.