Based on a comparison of 120 countries in 2021, Libya ranked the highest in oil rents as a percentage of GDP with 56.4% followed by Iraq and Congo. On the other end of the scale was Slovenia with < 0.001%, El Salvador with < 0.001% and Spain with < 0.001%.
Average oil rents as a percentage of GDP reached 1.35% in 2021 in the World according to EIA. This is 48.1 % more than in the previous year and -106 % less than 10 years ago.
Historically, average oil rents as a percentage of GDP reached an all time high of 4.67% in 1980 and an all time low of 0.369% in 1970. The average annual growth amounted to 2.58 % since 1970.
Data for more countries are available at Oil Rents (As % of GDP) indicator page.
Oil Rents (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Angola | % | 12.7% | 19.7% | 24.7% | 30.7% | 27.5% | ||||||||||||||||
Azerbaijan | % | 12.1% | 12.8% | 17.1% | 24.2% | 20.5% | ||||||||||||||||
Chad | % | ... | ... | 6.30% | 6.60% | 10.3% | 16.6% | 15.6% | ||||||||||||||
Congo | % | 12.3% | 12.8% | 25.0% | 38.2% | 35.9% | ||||||||||||||||
Equatorial Guinea | % | ... | ... | 12.6% | 11.7% | 16.1% | 20.3% | 18.8% | ||||||||||||||
Gabon | % | 9.99% | 9.02% | 14.4% | 18.3% | 16.7% | ||||||||||||||||
Guyana | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.085% | ||
Iran | % | 12.3% | 10.9% | 14.6% | 27.7% | 20.1% | ||||||||||||||||
Iraq | % | 37.3% | 33.0% | 38.9% | 45.8% | 40.2% | ||||||||||||||||
Kuwait | % | 36.4% | 31.7% | 36.0% | 44.0% | 38.7% | ... | |||||||||||||||
Libya | % | 14.4% | 10.8% | 20.9% | 30.0% | 32.8% | ||||||||||||||||
Oman | % | 18.9% | 16.3% | 19.3% | 23.7% | 21.6% | ||||||||||||||||
Qatar | % | 13.0% | 11.2% | 13.5% | 16.3% | 14.5% | ||||||||||||||||
Saudi Arabia | % | 24.0% | 20.0% | 23.6% | 28.1% | 24.3% | ||||||||||||||||
United Arab Emirates | % | 13.1% | 11.1% | 13.5% | 17.1% | 15.7% |