Oil rents in Viet Nam
Viet Nam: Oil rents was 0.7% in 2021. ◆ Volatile
Oil rents in Viet Nam, 1985–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Viet Nam recorded 0.7% for oil rents in 2021.
Compared with earlier readings it is up 175.8% on the previous year and down 85.4% over ten years.
Over the whole period, oil rents in Viet Nam peaked at 9.0% in 2005 and was at its lowest, 0.0%, in 1985.
Viet Nam ranks 52nd 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 Viet Nam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.1% | +647.6% |
| 1988 | 0.2% | +166.5% |
| 1989 | 2.5% | +1180.9% |
| 1990 | 6.0% | +137.8% |
| 1991 | 3.4% | -43.8% |
| 1992 | 5.0% | +46.7% |
| 1993 | 4.2% | -16.5% |
| 1994 | 3.3% | -20.8% |
| 1995 | 3.2% | -1.2% |
| 1996 | 3.6% | +9.6% |
| 1997 | 3.1% | -13.7% |
| 1998 | 1.8% | -42.7% |
| 1999 | 3.7% | +111.7% |
| 2000 | 7.7% | +105.9% |
| 2001 | 5.8% | -24.4% |
| 2002 | 5.3% | -8.9% |
| 2003 | 5.6% | +5.6% |
| 2004 | 8.1% | +45.4% |
| 2005 | 9.0% | +11.3% |
| 2006 | 8.8% | -3.0% |
| 2007 | 6.6% | -24.4% |
| 2008 | 7.2% | +9.1% |
| 2009 | 3.5% | -52.2% |
| 2010 | 3.4% | -2.0% |
| 2011 | 4.6% | +35.0% |
| 2012 | 4.1% | -10.3% |
| 2013 | 3.2% | -22.9% |
| 2014 | 2.9% | -10.1% |
| 2015 | 1.2% | -57.2% |
| 2016 | 0.8% | -32.1% |
| 2017 | 1.0% | +20.9% |
| 2018 | 1.1% | +11.9% |
| 2019 | 0.7% | -35.3% |
| 2020 | 0.2% | -66.5% |
| 2021 | 0.7% | +175.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6% | 0.0% | 2.5% | 5 |
| 1990s | 3.7% | 1.8% | 6.0% | 10 |
| 2000s | 6.8% | 3.5% | 9.0% | 10 |
| 2010s | 2.3% | 0.7% | 4.6% | 10 |
| 2020s | 0.5% | 0.2% | 0.7% | 2 |
Countries ranked near Viet Nam
- 49 Belarus 0.8% compare
- 50 Indonesia 0.8% compare
- 51 Côte d'Ivoire 0.7% compare
- 53 Congo, Democratic Republic of the 0.6% compare
- 54 Niger 0.6% compare
- 55 United States of America 0.6% compare
More energy & mining data for Viet Nam
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 3.71 % 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 7.9% (2023)
Frequently asked questions
- What is oil rents in Viet Nam?
- Oil rents in Viet Nam was 0.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Viet Nam?
- The highest recorded value was 9.0% in 2005.
- What is the lowest oil rents recorded in Viet Nam?
- The lowest recorded value was 0.0% in 1985.
- How does Viet Nam rank for oil rents?
- Viet Nam ranks 52nd out of 201 countries with data for 2021.
- Is oil rents rising or falling in Viet Nam?
- Over the last ten years it is down 85.4%. The long-run trend across the full record is volatile.
- Where does this Viet Nam 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.