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Indicator comparison

Oil price and oil rents

Range of Crude oil (average): 1960–2025. Range of Oil rents: 1970–2021.

Global crude oil prices from the Pink Sheet and oil rents as a percentage of GDP from the World Bank.

World crude prices Crude oil (average) drive resource revenues Oil rents in oil-producing economies.

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What is being compared

Similar names do not necessarily mean identical definitions. Check the units, period and source descriptions before comparing.

Oil rents

Oil rents from petroleum extraction expressed as a percentage of GDP from the World Bank.

Source
World Bank Open Data
Indicator code in source
NY.GDP.PETR.RT.ZS
Unit of measure
percent
Year
1970–2021
Retrieved
2026-09-15

World

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These series use different units. To compare them fairly on a single chart, consider using year-on-year change (YoY) or index (base year = 100).

02550751001251960197019801990200020102020202567.41.4
Year

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Crude oil (average)Oil rents

Crude oil (average)

Annual average crude oil benchmark price (equally weighting Brent, Dubai, and WTI) in US dollars per barrel from the World Bank.

About this series

Crude oil, average of Brent, Dubai and WTI, US$ per barrel. Pink Sheet.

Indicator definition

Column Crude oil, average. The World Bank’s own blend.

How to read the data

Pair: Oil rents and Energy import dependency. A price, not a rent or a dependency rate.

Saved data version: retrieved 2026-09-15, ID 1517f05fb694
Longseries, “Crude oil (average)”. World Bank Commodity Markets (Pink Sheet) (CRUDE_AVG), 1960–2025, World. Retrieved 2026-09-15. CC BY 4.0. Data SHA-256: 1517f05fb6949ffc8ab225085b2c0213c9de06f1870fbb66c2a22b86050262e3. https://longseries.com/en/d/cmo-oil-avg/

Latest values

1 place — sorted by value, highest first
Country
World202567.4 USD/bbl67.4 USD/bbl
Data coverage
  • World: 1960–2025; observations: 66; missing years: 0

Missing years are counted between the first and last observations. A missing value is not zero.

World

66 rows for World

Time range:
0.025.050.075.0100.0125.01960197019801990200020102020202567.4
Year

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World

Period statistics

Calculated from the values shown in this view for the selected period. Statistics follow the active display mode.

World

1.6→67.4

Total change
+4,112.5 %
Annual growth (CAGR)
+5.9 %
Period
1960–2025

World: 1.6 (1960) → 67.4 (2025). Change of +4,112.5 % over 65 years. Compound annual growth rate (CAGR) of +5.9 % per year.

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Format:
Crude oil, average, US$ / bbl, World Bank Pink Sheet — World
YearCountryValue
2025World67.4 USD/bbl
2024World78.7 USD/bbl
2023World80.8 USD/bbl
2022World97.1 USD/bbl
2021World69.1 USD/bbl
2020World41.3 USD/bbl
2019World61.4 USD/bbl
2018World68.3 USD/bbl
2017World52.8 USD/bbl
2016World42.8 USD/bbl
2015World50.8 USD/bbl
2014World96.2 USD/bbl
2013World104.1 USD/bbl
2012World105 USD/bbl
2011World104 USD/bbl
2010World79 USD/bbl
2009World61.8 USD/bbl
2008World97 USD/bbl
2007World71.1 USD/bbl
2006World64.3 USD/bbl

Oil rents

Oil rents from petroleum extraction expressed as a percentage of GDP from the World Bank.

About this series

Oil rents, % of GDP. World Bank.

Indicator definition

Oil rents (difference between production value and extraction costs) as a percentage of GDP.

How to read the data

Pair: Crude oil (average). One is a price, one is a rent. Different units.

Saved data version: retrieved 2026-09-15, ID d0a7a2e3bba5
Longseries, “Oil rents”. World Bank Open Data (NY.GDP.PETR.RT.ZS), 1970–2021, Aruba, Afghanistan, Angola, Albania, United Arab Emirates, Argentina, Armenia, American Samoa, Antigua & Barbuda, Australia, Austria, Azerbaijan, Burundi, Belgium, Benin, Burkina Faso, Bangladesh, Bulgaria, Bahrain, Bahamas, Bosnia, Belarus, Belize, Bermuda, Bolivia, Brazil, Barbados, Brunei, Bhutan, Botswana, Central African Republic, Canada, Switzerland, Chile, China, Côte d’Ivoire, Cameroon, Congo - Kinshasa, Congo - Brazzaville, Colombia, Comoros, Cape Verde, Costa Rica, Cuba, Cayman Islands, Cyprus, Czechia, Germany, Djibouti, Dominica, Denmark, Dominican Republic, Algeria, Ecuador, Egypt, Eritrea, Spain, Estonia, Ethiopia, Finland, Fiji, France, Faroe Islands, Gabon, United Kingdom, Georgia, Ghana, Guinea, Gambia, Guinea-Bissau, Equatorial Guinea, Greece, Grenada, Greenland, Guatemala, Guam, Guyana, Hong Kong, Honduras, Croatia, Haiti, Hungary, Indonesia, India, Ireland, Iran, Iraq, Iceland, Israel, Italy, Jamaica, Jordan, Japan, Kazakhstan, Kenya, Kyrgyzstan, Cambodia, Kiribati, St. Kitts & Nevis, Korea, Kuwait, Laos, Lebanon, Liberia, Libya, St. Lucia, Sri Lanka, Lesotho, Lithuania, Luxembourg, Latvia, Macao, Morocco, Moldova, Madagascar, Maldives, Mexico, North Macedonia, Mali, Malta, Myanmar, Montenegro, Mongolia, Mozambique, Mauritania, Mauritius, Malawi, Malaysia, Namibia, New Caledonia, Niger, Nigeria, Nicaragua, Netherlands, Norway, Nepal, Nauru, New Zealand, Oman, Pakistan, Panama, Peru, Philippines, Papua New Guinea, Poland, Puerto Rico, Portugal, Paraguay, Palestine, French Polynesia, Qatar, Romania, Russia, Rwanda, Saudi Arabia, Sudan, Senegal, Singapore, Solomon Islands, Sierra Leone, El Salvador, Somalia, Serbia, South Sudan, São Tomé & Príncipe, Suriname, Slovakia, Slovenia, Sweden, Eswatini, Seychelles, Syria, Turks & Caicos Islands, Chad, Togo, Thailand, Tajikistan, Turkmenistan, Timor-Leste, Tonga, Trinidad & Tobago, Tunisia, Türkiye, Tanzania, Uganda, Ukraine, Uruguay, United States, Uzbekistan, St. Vincent & Grenadines, Venezuela, U.S. Virgin Islands, Vietnam, Vanuatu, World, Samoa, Kosovo, Yemen, South Africa, Zambia, Zimbabwe. Retrieved 2026-09-15. CC BY 4.0. Data SHA-256: d0a7a2e3bba53c1f8c4a815b022b9fd6222d7743524cce82fe8a039dfd2886c6. https://longseries.com/en/d/oil-rents/

Latest values

Extremes among countries with the same observation year: for 2021: highest — Libya; lowest — Aruba, Armenia, American Samoa, Antigua & Barbuda, Burundi, Benin, Burkina Faso, Bahamas, Bosnia, Bermuda, Bhutan, Botswana, Central African Republic, Comoros, Cape Verde, Cayman Islands, Cyprus, Djibouti, Dominica, Dominican Republic, Ethiopia, Fiji, Faroe Islands, Guinea, Gambia, Guinea-Bissau, Grenada, Guam, Haiti, Iceland, Kenya, Kiribati, St. Kitts & Nevis, Laos, Lebanon, Liberia, St. Lucia, Sri Lanka, Lesotho, Luxembourg, Macao, Maldives, North Macedonia, Mali, Malta, Montenegro, Mauritania, Mauritius, Malawi, Namibia, New Caledonia, Nepal, Nauru, Panama, Puerto Rico, Palestine, French Polynesia, Rwanda, Senegal, Singapore, Solomon Islands, Sierra Leone, Somalia, São Tomé & Príncipe, Eswatini, Seychelles, Turks & Caicos Islands, Togo, Tonga, Tanzania, Uganda, St. Vincent & Grenadines, Vanuatu, Samoa, Kosovo, Zambia

Only the first rows are shown here. Use “Remaining locations” below for the full list.

201 places — sorted by value, highest first
Country
Highest value in the comparable yearLibya202156.4%56.4%
Iraq202142.8%42.8%
Congo - Brazzaville202134.4%34.4%
Angola202128.3%28.3%
Kuwait202027.6%27.6%
Saudi Arabia202123.7%23.7%
Oman202123.5%23.5%
Guyana202122.1%22.1%
Remaining locations (193)
Data coverage
  • Poland: 1990–2021; observations: 32; missing years: 0

Missing years are counted between the first and last observations. A missing value is not zero.

Compare with:

32 rows for Poland

Time range:
0.00.00.00.00.10.119902000201020200.0
Year

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Poland

Period statistics

Calculated from the values shown in this view for the selected period. Statistics follow the active display mode.

Poland

0.0→0.0

Total change
0.0 pp
Period
1990–2021

Poland: 0.0 (1990) → 0.0 (2021). Difference: 0.0 pp. Peak value of 0.1 in 2013; lowest value of 0.0 in 1998.

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Format:
Oil rents (% of GDP), World Bank — Poland
YearCountryValue
2021Poland0%
2020Poland0%
2019Poland0%
2018Poland0%
2017Poland0%
2016Poland0%
2015Poland0%
2014Poland0.1%
2013Poland0.1%
2012Poland0.1%
2011Poland0%
2010Poland0%
2009Poland0%
2008Poland0.1%
2007Poland0%
2006Poland0.1%
2005Poland0.1%
2004Poland0%
2003Poland0%
2002Poland0%