Venezuela - Oil Rents

Since 2009, Venezuela Oil Rents increased 2.6points year on year. In 2014, the country was number 18 among other countries in Oil Rents at 11.29 Percent of GDP. Venezuela is overtaken by Iran, which was number 17 at 12.9 Percent of GDP and is followed by Brunei at 9.73 Percent of GDP. Republic of the Congo ranked the highest with 43.88 Percent of GDP in 2019, that is a fall of 12.2points versus 2018. Iraq, Kuwait and Libya respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania recorded the worst performance at -100points per year.

Percent of GDP51015202530351970197519801985199019952000200520102014© NationMasterSource:World BankVenezuela - Oil Rents

Date Percent of GDP
2014 11.29
2013 17.07
2012 17.72
2011 22.70
2010 11.84
Download all data from 1970 to 2014

How does Venezuela 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
17 #17
Iran
12.90 % 2019 -5.3 % -10.5 % View data
18 #18
Venezuela
11.29 % 2014 -33.8 % +2.6 % View data
19 #19
Brunei
9.73 % 2019 -16.8 % -8.1 % View data
Compare all 104 countries

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