Libya - Oil Rents
Since 2014, Libya Oil Rents fell by 0.3points year on year. With 38.78 Percent of GDP in 2019, the country was ranked number 4 comparing other countries in Oil Rents. Libya is overtaken by Kuwait, which was ranked number 3 with 39.15 Percent of GDP and is followed by East Timor at 33.41 Percent of GDP. Republic of the Congo lead the ranking with 43.88 Percent of GDP in 2019, a decrease of 12.2points versus 2018. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania recorded the worst performance at -100points per year.
| Date | Percent of GDP |
|---|---|
| 2019 | 38.78 |
| 2018 | 42.43 |
| 2017 | 37.52 |
| 2016 | 21.01 |
| 2015 | 25.99 |
Download all data from 1990 to 2019
How does Libya rank in Oil Rents?
| # | 104 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Republic of the Congo
|
43.88 % | 2019 | -12.2 % | +4.5 % | View data |
| 2 |
#2
Iraq
|
41.37 % | 2019 | -8.9 % | -1.9 % | View data |
| 3 |
#3
Kuwait
|
39.15 % | 2019 | -7.8 % | -6.4 % | View data |
| 4 |
#4
Libya
|
38.78 % | 2019 | -8.6 % | -0.3 % | View data |
| 5 |
#5
East Timor
|
33.41 % | 2018 | +25.4 % | NA | View data |